Page 1 of 102
CPCA Certified Professional Cost Accountant EXAM
2026-2027 COMPLETE 300 QUESTIONS AND VERIFIED
SOLUTIONS LATEST UPDATE THIS YEAR
Certified Professional Cost Accountant (CPCA) Exam
QUESTION: Which of these retailers is using store clustering analysis to merchandise their
shelves?
- Speedy Trip's convenience store chain changes its planogram by store according to regional
sales data
- Mary's grocery chain is running an in-store shelving test for 13 weeks in 10 of its 15 stores
- Frank's hypermarket chain uses the same planogram in all 35 retail stores
- Thriftway's grocery chain has a different product lineup and shelfset for stores located in more
affluent urban areas - ANSWER-Thriftway's grocery chain has a different product lineup and
shelfset for stores located in more affluent urban areas
QUESTION: True or False? Clustering is a core analytic approach in the development of category
management plans and space management today. - ANSWER-True
QUESTION: Which of the following should you NOT do when setting up an in-store test?
,Page 2 of 102
- Systematically vary promotions, ad features and displays between the test and control stores
in the pre-test period and the test period
- Have a pre-test period that lasts the same length as the test period
- When stores are reset for the test, leave a one-week gap between the completion of the
resets and the start of the test period
- Conduct the test for 13 weeks - ANSWER-Systematically vary promotions, ad features and
displays between the test and control stores in the pre-test period and the test period
QUESTION: Fill in the blank: _____ is the retail practice of marketing or displaying products
from different categories together to generate additional revenue for the store.
- Incrementality
- Retail merchandising
- Multi-category promotion
- Cross merchandising - ANSWER-Cross merchandising
QUESTION: Which is the best approach to analyze the results of an in-store test?
- 1. Extrapolate one sample store from the test group one from the control group; 2. Compare
changes in sales between those 2 sample stores between the base period and the test period.
,Page 3 of 102
- 1. Calculate the change in sales between the base and test period for both the control store
group and test store groups; 2. Compare changes in the test group to the control store group
- 1. Calculate total sales during the test period for both the control group and the test store
group; 2. Compare the difference in sales between the groups
- 1. Calculate the change in sales between the base and test periods for all stores; 2. Compare
the changes in the test score group to those in the control store group - ANSWER-1. Calculate
the change in sales between the base and test period for both the control store group and test
store groups; 2. Compare changes in the test group to the control store group
QUESTION: What is a category?
- Any array of products with common characteristics
- A distinctly measurable and manageable grouping of products that are interrelated and
substitutable
- A segment of retail geography that has boundaries and specific merchandising plans
- A discrete collection of products that are interrelated
- None of these answers are correct - ANSWER-A distinctly measurable and manageable
grouping of products that are interrelated and substitutable
, Page 4 of 102
QUESTION: Select the statement below that best describes a product that is incremental to a
category.
- The product adds true variety to a product assortment within a category.
- The product does not sell well, however it produces a very high return on investment
- The product is gradually increasing in sales volume
- All of these answers are correct - ANSWER-The product adds true variety to a product
assortment within a category.
QUESTION: Which of the following pricing strategies is Walmart's primary go to market
approach?
- EDLP
- Promotional
- High-Low
- Hybrid pricing - ANSWER-EDLP
QUESTION: True or False? Retail channels like Grocery and Mass are not affected in difficult
economic times because consumers still buy the same products. - ANSWER-False
CPCA Certified Professional Cost Accountant EXAM
2026-2027 COMPLETE 300 QUESTIONS AND VERIFIED
SOLUTIONS LATEST UPDATE THIS YEAR
Certified Professional Cost Accountant (CPCA) Exam
QUESTION: Which of these retailers is using store clustering analysis to merchandise their
shelves?
- Speedy Trip's convenience store chain changes its planogram by store according to regional
sales data
- Mary's grocery chain is running an in-store shelving test for 13 weeks in 10 of its 15 stores
- Frank's hypermarket chain uses the same planogram in all 35 retail stores
- Thriftway's grocery chain has a different product lineup and shelfset for stores located in more
affluent urban areas - ANSWER-Thriftway's grocery chain has a different product lineup and
shelfset for stores located in more affluent urban areas
QUESTION: True or False? Clustering is a core analytic approach in the development of category
management plans and space management today. - ANSWER-True
QUESTION: Which of the following should you NOT do when setting up an in-store test?
,Page 2 of 102
- Systematically vary promotions, ad features and displays between the test and control stores
in the pre-test period and the test period
- Have a pre-test period that lasts the same length as the test period
- When stores are reset for the test, leave a one-week gap between the completion of the
resets and the start of the test period
- Conduct the test for 13 weeks - ANSWER-Systematically vary promotions, ad features and
displays between the test and control stores in the pre-test period and the test period
QUESTION: Fill in the blank: _____ is the retail practice of marketing or displaying products
from different categories together to generate additional revenue for the store.
- Incrementality
- Retail merchandising
- Multi-category promotion
- Cross merchandising - ANSWER-Cross merchandising
QUESTION: Which is the best approach to analyze the results of an in-store test?
- 1. Extrapolate one sample store from the test group one from the control group; 2. Compare
changes in sales between those 2 sample stores between the base period and the test period.
,Page 3 of 102
- 1. Calculate the change in sales between the base and test period for both the control store
group and test store groups; 2. Compare changes in the test group to the control store group
- 1. Calculate total sales during the test period for both the control group and the test store
group; 2. Compare the difference in sales between the groups
- 1. Calculate the change in sales between the base and test periods for all stores; 2. Compare
the changes in the test score group to those in the control store group - ANSWER-1. Calculate
the change in sales between the base and test period for both the control store group and test
store groups; 2. Compare changes in the test group to the control store group
QUESTION: What is a category?
- Any array of products with common characteristics
- A distinctly measurable and manageable grouping of products that are interrelated and
substitutable
- A segment of retail geography that has boundaries and specific merchandising plans
- A discrete collection of products that are interrelated
- None of these answers are correct - ANSWER-A distinctly measurable and manageable
grouping of products that are interrelated and substitutable
, Page 4 of 102
QUESTION: Select the statement below that best describes a product that is incremental to a
category.
- The product adds true variety to a product assortment within a category.
- The product does not sell well, however it produces a very high return on investment
- The product is gradually increasing in sales volume
- All of these answers are correct - ANSWER-The product adds true variety to a product
assortment within a category.
QUESTION: Which of the following pricing strategies is Walmart's primary go to market
approach?
- EDLP
- Promotional
- High-Low
- Hybrid pricing - ANSWER-EDLP
QUESTION: True or False? Retail channels like Grocery and Mass are not affected in difficult
economic times because consumers still buy the same products. - ANSWER-False
