[STUDY GUIDE] • HIGH-YIELD PRACTICE & REVIEW EDITION
ETS Major Field Test MBA Exam
Questions & Answers Comprehensive
2026/2027 Edition
Comprehensive Examination Question Bank • Concept Mapping
TOTAL QUESTIONS EXAM TOPICS RATIONALES
50 Questions 10 Modules 100% Verified
DOCUMENT OVERVIEW
This document contains 50 verified questions with correct answers focusing on various aspects of business
administration, including corporate finance, product costing, and buyer behavior. Each question is paired with
the correct answer, making it suitable for exam preparation, course review, and certification study.
EXAM BLUEPRINT & TOPIC DISTRIBUTION
Systematic breakdown of subject domains and exam coverage.
Topic Module Scope & Core Focus Questions Share (%)
This topic tests knowledge on capital budgeting, cost of
Corporate Finance capital, and dividend policy. 10 Qs 20.0%
This topic examines the concept of relevant costs in
Relevant Costs decision-making processes. 5 Qs 10.0%
This topic covers different methods of product costing,
Product Costing including process and job order costing. 5 Qs 10.0%
This topic assesses knowledge regarding various investment
Investment Strategies instruments and market efficiency. 4 Qs 8.0%
This topic explores the factors influencing consumer and
Buyer Behavior business purchasing decisions. 4 Qs 8.0%
This topic examines the structure and function of financial
Financial Markets markets and institutions. 4 Qs 8.0%
This topic evaluates strategies for marketing management
Strategic Marketing and metrics for performance. 4 Qs 8.0%
Confidential • Student Study Edition • Practice & Review Guide Page 1 of 17
,STUDENT STUDY & MASTERY EDITION PRACTICE & REVIEW GUIDE
This topic focuses on techniques for resource planning and
Resource Planning analysis within organizations. 4 Qs 8.0%
This topic addresses the principles and applications of project
Project Financing financing in large organizations. 4 Qs 8.0%
This topic assesses decision-making processes related to
Operational Decisions operational aspects of businesses. 6 Qs 12.0%
Total Exam Coverage 10 Integrated Topic Modules 50 Qs 100.0%
Confidential • Student Study Edition • Practice & Review Guide Page 2 of 17
, STUDENT STUDY & MASTERY EDITION PRACTICE & REVIEW GUIDE
TOPIC 1: CORPORATE FINANCE
10 Questions • 20.0% of Exam • This topic tests knowledge on capital budgeting, cost of capital, and dividend policy.
QUESTION 1
After an extensive recruitment process to select well-qualified individuals, a large
percent of a company's new hires resigned within the first month of the job. Which of
the following is the most likely explanation for this situation?
(A) The training process to prepare the new hires for their assigned tasks was inadequate.
(B) The health benefits provided by the company were not competitive with those of the rest of the industry.
(C) The starting salary for the new hires was not competitive with that of the rest of the industry.
(D) The new hires lacked the basic skills required to learn the job.
Answer: (A) The training process to prepare the new hires for their assigned tasks was inadequate.
QUESTION 2
Some companies have little, if any, net income or earnings, yet they seem to have all
the money they need for capital expenditures. Which of the following best explains how
such companies operate?
(A) They have good cash flows.
(B) They lease capital equipment that does not show up on balance sheets.
(C) They have accounts with many different banks.
(D) They issue warrants to their officers.
Answer: (A) They have good cash flows.
Confidential • Student Study Edition • Practice & Review Guide Page 3 of 17
ETS Major Field Test MBA Exam
Questions & Answers Comprehensive
2026/2027 Edition
Comprehensive Examination Question Bank • Concept Mapping
TOTAL QUESTIONS EXAM TOPICS RATIONALES
50 Questions 10 Modules 100% Verified
DOCUMENT OVERVIEW
This document contains 50 verified questions with correct answers focusing on various aspects of business
administration, including corporate finance, product costing, and buyer behavior. Each question is paired with
the correct answer, making it suitable for exam preparation, course review, and certification study.
EXAM BLUEPRINT & TOPIC DISTRIBUTION
Systematic breakdown of subject domains and exam coverage.
Topic Module Scope & Core Focus Questions Share (%)
This topic tests knowledge on capital budgeting, cost of
Corporate Finance capital, and dividend policy. 10 Qs 20.0%
This topic examines the concept of relevant costs in
Relevant Costs decision-making processes. 5 Qs 10.0%
This topic covers different methods of product costing,
Product Costing including process and job order costing. 5 Qs 10.0%
This topic assesses knowledge regarding various investment
Investment Strategies instruments and market efficiency. 4 Qs 8.0%
This topic explores the factors influencing consumer and
Buyer Behavior business purchasing decisions. 4 Qs 8.0%
This topic examines the structure and function of financial
Financial Markets markets and institutions. 4 Qs 8.0%
This topic evaluates strategies for marketing management
Strategic Marketing and metrics for performance. 4 Qs 8.0%
Confidential • Student Study Edition • Practice & Review Guide Page 1 of 17
,STUDENT STUDY & MASTERY EDITION PRACTICE & REVIEW GUIDE
This topic focuses on techniques for resource planning and
Resource Planning analysis within organizations. 4 Qs 8.0%
This topic addresses the principles and applications of project
Project Financing financing in large organizations. 4 Qs 8.0%
This topic assesses decision-making processes related to
Operational Decisions operational aspects of businesses. 6 Qs 12.0%
Total Exam Coverage 10 Integrated Topic Modules 50 Qs 100.0%
Confidential • Student Study Edition • Practice & Review Guide Page 2 of 17
, STUDENT STUDY & MASTERY EDITION PRACTICE & REVIEW GUIDE
TOPIC 1: CORPORATE FINANCE
10 Questions • 20.0% of Exam • This topic tests knowledge on capital budgeting, cost of capital, and dividend policy.
QUESTION 1
After an extensive recruitment process to select well-qualified individuals, a large
percent of a company's new hires resigned within the first month of the job. Which of
the following is the most likely explanation for this situation?
(A) The training process to prepare the new hires for their assigned tasks was inadequate.
(B) The health benefits provided by the company were not competitive with those of the rest of the industry.
(C) The starting salary for the new hires was not competitive with that of the rest of the industry.
(D) The new hires lacked the basic skills required to learn the job.
Answer: (A) The training process to prepare the new hires for their assigned tasks was inadequate.
QUESTION 2
Some companies have little, if any, net income or earnings, yet they seem to have all
the money they need for capital expenditures. Which of the following best explains how
such companies operate?
(A) They have good cash flows.
(B) They lease capital equipment that does not show up on balance sheets.
(C) They have accounts with many different banks.
(D) They issue warrants to their officers.
Answer: (A) They have good cash flows.
Confidential • Student Study Edition • Practice & Review Guide Page 3 of 17
