Pass the APBM No Cert Assigned CBM Questions and answers with CertsForce

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Questions # 1:

A structural change that negates rehiring laid-off workers is called:

Options:

A.

Rightsizing


B.

Downsizing


C.

Downscaling


D.

Rationalizing


Questions # 2:

Costs that are associated with efforts to ensure conformance to requirements, generally through measurement and analysis of data to detect non-conformances are called:

Options:

A.

Appraisal costs


B.

Prevention cost


C.

Internal cost


D.

Training cost


Questions # 3:

Process of envisioning the organization’s future and developing the necessary procedures and operations to achieve that future is called:

Options:

A.

Foregoing planning


B.

Strategic planning


C.

Operational planning


D.

Organizational planning


Questions # 4:

An inventory control system that schedules materials to arrive precisely when they are needed on a production line is called:

Options:

A.

Distribution inventory system


B.

Just-in-time inventory system


C.

Disembark inventory system


D.

None of the above


Questions # 5:

A legal entity separate and distinct from its owners is called:

Options:

A.

Government firm


B.

Non-profit organization


C.

Corporation


D.

Business trustee


Questions # 6:

The corporate charter includes which of the following factor?

Options:

A.

types of activities it will pursue


B.

amount of capital stock


C.

number of directors


D.

All of the above


Questions # 7:

In _____________ leadership, the leader consults with his or her subordinates about decisions.

Options:

A.

Supportive leadership


B.

Directive leadership


C.

Participative leadership


D.

Achievement-oriented leadership


Questions # 8:

Financial management decisions can be divided into the management of assets and liabilities in:

Options:

A.

long term


B.

short term


C.

Both A and B


D.

Neither A nor B


Questions # 9:

Cash balances associated with routine payments and collections are known as:

Options:

A.

Compensating balances


B.

precautionary balances


C.

Transaction balances


D.

None of the above


Questions # 10:

The system which is designed to deny or at least delay the acquisition of strategically important goods by adversaries is called:

Options:

A.

Export-control system


B.

Export-licensing system


C.

Dual-use system


D.

None of the above


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