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IMA CMA part 2 Additional practice questions. released march 2016

  • 1.  IMA CMA part 2 Additional practice questions. released march 2016

    Posted 15 days ago
    Dear Students,
    I am practicing from the IMA the below questions and the ans given is mismatching to the ans I think should be. 
    Could anyone please clarify on the below.

    79. Which one of the following moral philosophies is focused on the consequences of an action when judging whether that action is morally acceptable or not?
    a. Utilitarianism.
    b. Deontology.
    c. Teleology.
    d. Relativism.

    80. Unit contribution margin is best defined as the difference between the
    a. sales price and variable costs.
    b. unit sales price and variable costs multiplied by the number of units sold.
    c. unit sales price and the unit variable costs.
    d. unit sales price and the unit variable costs divided by the sales price.

    81. When a product has elastic demand, the percentage change in price
    a. is less than the percentage change in quantity demanded.
    b. results in no change in quantity demanded.
    c. is greater than the percentage change in quantity demanded.
    d. results in an equal change in quantity demanded.

    82. Based on COSO's integrated framework, all of the following are components of Enterprise Risk Management except
    a. risk response.
    b. control activities.
    c. objective setting.
    d. feasibility analysis.

    83. In preparing a multi-year revenue forecast, a financial analyst uses a technique that generates a distribution of possible results based on repeated sampling. The analyst is most likely using which one of the following?
    a. Sensitivity analysis.
    b. Monte Carlo simulation.
    c. Scenario analysis.
    d. Activity analysis.

    79 Ans given is A
    The ans  i think is C

    80 Ans given is A
    The ans i think is C

    81 Ans given is d
    I think is A

    82 Ans given is b
    I think is D

    83 Ans given is C
    i am confused wth B and C

    Thanks & regards,
    Shashi