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CFI CBCA Core Final Exam Newest
2025/2026 Actual Exam Complete All 200
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? - . .
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ANSWER ✔ ✔Financial reports are not widely 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
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Investing activities - . . ANSWER ✔ ✔Buying and selling
equipment
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
CFI CBCA Core Final Exam Newest
2025/2026 Actual Exam Complete All 200
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? - . .
,2|Page
ANSWER ✔ ✔Financial reports are not widely 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
, 4|Page
Investing activities - . . ANSWER ✔ ✔Buying and selling
equipment
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
