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CFI CBCA Core Bundled Exams Newest 2025/2026
Actual Exam Complete All Questions And Correct
Detailed Answers (Verified Answers) |Already
Graded A+
What is the main goal of using business writing
fundamentals? - .....ANSWER ...✔✔ To reduce mental
effort
Which of the following statements describes a
"Capacity" strength or weakness for a company in the 5
Cs of credit framework? - .....ANSWER ...✔✔ The net
profit margin ratio is high.
Which of the following statements describes a
"Condition" strength or weakness for a company in the
5 Cs of credit framework? - .....ANSWER ...✔✔ The
risks associated with the industry are high.
Which of the following scenarios would NOT be
considered a strength when assessing the management
team as part of evaluating a company's character? -
.....ANSWER ...✔✔ Financial reports are not widely
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shared and performance measures have not been
identified.
Which of the following ratios most likely indicates
strong "Capacity" for a company? - .....ANSWER ...✔✔
High asset turnover ratio
Select the correct formula to calculate the operating
margin ratio. - .....ANSWER ...✔✔ Operating Margin
Ratio = EBIT / Revenue
Select the correct formula to calculate the inventory
turnover ratio. - .....ANSWER ...✔✔ Inventory
Turnover Ratio = Cost of Goods Sold / Average
Inventory
Which of the following most likely indicates strong
"Capital" for a company? - .....ANSWER ...✔✔
Unutilized lines of credit or loans
Which of the following statements on collateral is NOT
correct? - .....ANSWER ...✔✔ Collateral can be used
as the main determinant of a credit decision.
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Which of the following tools or methods is used to
assess the general business environment? -
.....ANSWER ...✔✔ PEST analysis
Select the loan contract with the lowest risk. -
.....ANSWER ...✔✔ A demand loan with monthly
payments secured by assets
Which is not one of the three main financial
statements? - .....ANSWER ...✔✔ Statement of equity
What does the balance sheet indicate? - .....ANSWER
...✔✔ The financial strength of the business
Financing activities - .....ANSWER ...✔✔ Issuing
shares and bonds
Operating activities - .....ANSWER ...✔✔ Payments to
suppliers; Depreciation and amortization expense
Investing activities - .....ANSWER ...✔✔ Buying and
selling equipment
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Which is not a section in the financial statement note
disclosures? - .....ANSWER ...✔✔ Management
discussion and analysis
Balance Sheet - .....ANSWER ...✔✔ Retained earnings;
Share captial
Income Statement - .....ANSWER ...✔✔ Rent expense
Cash Flow Statement - .....ANSWER ...✔✔ Sale of
property, plant and equipment
If a company has net assets equal to $3.25 million but is
sold for $5.35 million, how much goodwill does the
acquirer record on their balance sheet? - .....ANSWER
...✔✔ $2.1 million
Intangible assets - .....ANSWER ...✔✔ Items of value,
which have no physical substance, that are used to
generate revenues
Authorized shares - .....ANSWER ...✔✔ The total
number of shares a company can sell
CFI CBCA Core Bundled Exams Newest 2025/2026
Actual Exam Complete All Questions And Correct
Detailed Answers (Verified Answers) |Already
Graded A+
What is the main goal of using business writing
fundamentals? - .....ANSWER ...✔✔ To reduce mental
effort
Which of the following statements describes a
"Capacity" strength or weakness for a company in the 5
Cs of credit framework? - .....ANSWER ...✔✔ The net
profit margin ratio is high.
Which of the following statements describes a
"Condition" strength or weakness for a company in the
5 Cs of credit framework? - .....ANSWER ...✔✔ The
risks associated with the industry are high.
Which of the following scenarios would NOT be
considered a strength when assessing the management
team as part of evaluating a company's character? -
.....ANSWER ...✔✔ Financial reports are not widely
,2|Page
shared and performance measures have not been
identified.
Which of the following ratios most likely indicates
strong "Capacity" for a company? - .....ANSWER ...✔✔
High asset turnover ratio
Select the correct formula to calculate the operating
margin ratio. - .....ANSWER ...✔✔ Operating Margin
Ratio = EBIT / Revenue
Select the correct formula to calculate the inventory
turnover ratio. - .....ANSWER ...✔✔ Inventory
Turnover Ratio = Cost of Goods Sold / Average
Inventory
Which of the following most likely indicates strong
"Capital" for a company? - .....ANSWER ...✔✔
Unutilized lines of credit or loans
Which of the following statements on collateral is NOT
correct? - .....ANSWER ...✔✔ Collateral can be used
as the main determinant of a credit decision.
,3|Page
Which of the following tools or methods is used to
assess the general business environment? -
.....ANSWER ...✔✔ PEST analysis
Select the loan contract with the lowest risk. -
.....ANSWER ...✔✔ A demand loan with monthly
payments secured by assets
Which is not one of the three main financial
statements? - .....ANSWER ...✔✔ Statement of equity
What does the balance sheet indicate? - .....ANSWER
...✔✔ The financial strength of the business
Financing activities - .....ANSWER ...✔✔ Issuing
shares and bonds
Operating activities - .....ANSWER ...✔✔ Payments to
suppliers; Depreciation and amortization expense
Investing activities - .....ANSWER ...✔✔ Buying and
selling equipment
, 4|Page
Which is not a section in the financial statement note
disclosures? - .....ANSWER ...✔✔ Management
discussion and analysis
Balance Sheet - .....ANSWER ...✔✔ Retained earnings;
Share captial
Income Statement - .....ANSWER ...✔✔ Rent expense
Cash Flow Statement - .....ANSWER ...✔✔ Sale of
property, plant and equipment
If a company has net assets equal to $3.25 million but is
sold for $5.35 million, how much goodwill does the
acquirer record on their balance sheet? - .....ANSWER
...✔✔ $2.1 million
Intangible assets - .....ANSWER ...✔✔ Items of value,
which have no physical substance, that are used to
generate revenues
Authorized shares - .....ANSWER ...✔✔ The total
number of shares a company can sell
