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CCIM 101 FINANCIAL ANALYSIS CERTIFICATION EVALUATION 2026 QUESTIONS WITH SOLUTIONS

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CCIM 101 FINANCIAL ANALYSIS CERTIFICATION EVALUATION 2026 QUESTIONS WITH SOLUTIONS

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CCIM 101 FINANCIAL ANALYSIS
CERTIFICATION EVALUATION 2026
QUESTIONS WITH SOLUTIONS GRADED A+

⩥accounts payable. Answer: money you owe


⩥income statement. Answer: story of transactions over a period of time


⩥revenue transactions. Answer: business and its customers


⩥expense transactions. Answer: Business and its suppliers


⩥Net income =. Answer: profit


⩥Variable Costs =. Answer: cost of goods sold


⩥Variable Costs. Answer: - material
- labor
- storage


⩥variable costs vary depending on ___________. Answer: amount
produced

, ⩥fixed costs =. Answer: operating expenses


⩥sales =. Answer: price x quantity sold


⩥contribution margin =. Answer: Sales - Variable Costs


⩥operating profit. Answer: shows business efficiency


⩥EBIT. Answer: Earinings before intrest & taxes


⩥Interest =. Answer: rent paid for borrowed money


⩥where does Net income go?. Answer: - dividend to stockholders
- income to partners/sole proprietor


⩥Cash flow statement. Answer: cash in and out of a firm


⩥cash flow statement shows how much _____________is avaliable.
Answer: Cash

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