CFI CBCA Core Course Assessments &
Quizzes
CFI CBCA Final Exam 2025: Complete
Study Guide & Practice Questions, Exams
of Banking Law and Practice
What is the main goal of using To reduce mental effort
business writing fundamentals?
Which of the following statements describes a The net profit margin ratio is high.
"Capacity" strength or weakness for a
company in the 5 Cs of credit framework?
Which of the following statements The risks associated with the industry are high.
describes a "Condition" strength or weakness
for a company in the 5 Cs of credit
framework?
Which of the following scenarios would NOT be Financial reports are not widely shared and performance measures
considered a strength when assessing the have not been identified.
management team as part of evaluating a
company's character?
Which of the following ratios most likely High asset turnover ratio
indicates strong "Capacity" for a company?
Select the correct formula to calculate the Operating Margin Ratio = EBIT / Revenue
operating margin ratio.
Select the correct formula to calculate the Inventory Turnover Ratio = Cost of Goods Sold / Average Inventory
inventory turnover ratio.
Which of the following most likely indicates Unutilized lines of credit or loans
strong "Capital" for a company?
Which of the following statements on Collateral can be used as the main determinant of a credit decision.
collateral is NOT correct?
Which of the following tools or methods is PEST analysis
used to assess the general business
,environment?
, Select the loan contract with the lowest risk. A demand loan with monthly payments secured by assets
Which is not one of the three main financial Statement of equity
statements?
What does the balance sheet indicate? The financial strength of the business
Financing activities Issuing shares and bonds
Operating activities Payments to suppliers; Depreciation and amortization expense
Investing activities Buying and selling equipment
Which is not a section in the financial Management discussion and analysis
statement note disclosures?
Balance Sheet Retained earnings; Share captial
Income Statement Rent expense
Cash Flow Statement Sale of property, plant and equipment
If a company has net assets equal to $3.25 $2.1 million
million but is sold for $5.35 million, how
much goodwill does the
acquirer record on their balance sheet?
Intangible assets Items of value, which have no physical substance, that are used to
generate revenues
Authorized shares The total number of shares a company can sell
Contingencies Events that may or may not happen, depending on certain
circumstances
Commitments Future obligations that a company has agreed to
If a company issues 60,000 shares at $0.25 each $3,000
but the shares have a par value of $0.20
each, what is the resulting contributed
surplus?
What line item is not found in the statement of Debt issued or repurchased
shareholders' equity?
What is not true about a partnership? Partners cannot be held liable for a debt
Which line item usually accounts for direct Cost of goods sold
labor?
Quizzes
CFI CBCA Final Exam 2025: Complete
Study Guide & Practice Questions, Exams
of Banking Law and Practice
What is the main goal of using To reduce mental effort
business writing fundamentals?
Which of the following statements describes a The net profit margin ratio is high.
"Capacity" strength or weakness for a
company in the 5 Cs of credit framework?
Which of the following statements The risks associated with the industry are high.
describes a "Condition" strength or weakness
for a company in the 5 Cs of credit
framework?
Which of the following scenarios would NOT be Financial reports are not widely shared and performance measures
considered a strength when assessing the have not been identified.
management team as part of evaluating a
company's character?
Which of the following ratios most likely High asset turnover ratio
indicates strong "Capacity" for a company?
Select the correct formula to calculate the Operating Margin Ratio = EBIT / Revenue
operating margin ratio.
Select the correct formula to calculate the Inventory Turnover Ratio = Cost of Goods Sold / Average Inventory
inventory turnover ratio.
Which of the following most likely indicates Unutilized lines of credit or loans
strong "Capital" for a company?
Which of the following statements on Collateral can be used as the main determinant of a credit decision.
collateral is NOT correct?
Which of the following tools or methods is PEST analysis
used to assess the general business
,environment?
, Select the loan contract with the lowest risk. A demand loan with monthly payments secured by assets
Which is not one of the three main financial Statement of equity
statements?
What does the balance sheet indicate? The financial strength of the business
Financing activities Issuing shares and bonds
Operating activities Payments to suppliers; Depreciation and amortization expense
Investing activities Buying and selling equipment
Which is not a section in the financial Management discussion and analysis
statement note disclosures?
Balance Sheet Retained earnings; Share captial
Income Statement Rent expense
Cash Flow Statement Sale of property, plant and equipment
If a company has net assets equal to $3.25 $2.1 million
million but is sold for $5.35 million, how
much goodwill does the
acquirer record on their balance sheet?
Intangible assets Items of value, which have no physical substance, that are used to
generate revenues
Authorized shares The total number of shares a company can sell
Contingencies Events that may or may not happen, depending on certain
circumstances
Commitments Future obligations that a company has agreed to
If a company issues 60,000 shares at $0.25 each $3,000
but the shares have a par value of $0.20
each, what is the resulting contributed
surplus?
What line item is not found in the statement of Debt issued or repurchased
shareholders' equity?
What is not true about a partnership? Partners cannot be held liable for a debt
Which line item usually accounts for direct Cost of goods sold
labor?