Page 1 of 211
Certified Professional Cost Accountant (CPCA)
Exam (2 VERSIONS) ALL 450 QUESTIONS AND
CORRECT ANSWERS LATEST UPDATE THIS
YEAR
Certified Professional Cost Accountant (CPCA) Exam 1
QUESTION: why do some retailers choose to use a "blended margin" strategy?
to calculate total category margin through average sub-category margins
to balance lower margins required on more price-sensitive product with higher margin products
to achieve category margin objective
to measure department margin because syndicated data vendors only provide category-level
margin data
1
, Page 2 of 211
to obtain a balanced market level margin by integrating syndicated margin data with internal
margin data - ANSWER-to balance lower margins required on more price-sensitive product with
higher margin products to achieve category margin objective
QUESTION: True or False: Incremental volume is affected by temporary price reduction -
ANSWER-True (temp price reduction)
QUESTION: incremental volume is affected by which of the following?
regular pricing, temporary price reductions (TPR), baseline prices
displays, shelving, in-store merchandising
displays, temporary price reductions (TPR), promoted pricing
shelving, regular pricing, new products/assortment - ANSWER-displays, temporary price
reductions (TPR), promoted pricing
2
, Page 3 of 211
QUESTION: which of the following measures is not available through panel data?
penetration rate
purchase size
sales volume
store cluster size
Buying rate
purchase frequency - ANSWER-store cluster size
3
, Page 4 of 211
QUESTION: True or False: The average promoted price at one retailer can be higher than the
non-promoted price at different retailer in the same market place - ANSWER-false (price)
QUESTION: what is SKU rationalization?
the process of selecting new items to add to the product assortment to increase market
coverage to 100%
the process of identifying niche items which cater to under performing key shopper segment
none of these answers are correct
the process of identifying poor performance items that should be deleted from the product
assortment to improve category sales - ANSWER-the process of identifying poor performance
items that should be deleted from the product assortment to improve category sales
QUESTION: why is "channel blurring" occurring in the retail industry?
4
Certified Professional Cost Accountant (CPCA)
Exam (2 VERSIONS) ALL 450 QUESTIONS AND
CORRECT ANSWERS LATEST UPDATE THIS
YEAR
Certified Professional Cost Accountant (CPCA) Exam 1
QUESTION: why do some retailers choose to use a "blended margin" strategy?
to calculate total category margin through average sub-category margins
to balance lower margins required on more price-sensitive product with higher margin products
to achieve category margin objective
to measure department margin because syndicated data vendors only provide category-level
margin data
1
, Page 2 of 211
to obtain a balanced market level margin by integrating syndicated margin data with internal
margin data - ANSWER-to balance lower margins required on more price-sensitive product with
higher margin products to achieve category margin objective
QUESTION: True or False: Incremental volume is affected by temporary price reduction -
ANSWER-True (temp price reduction)
QUESTION: incremental volume is affected by which of the following?
regular pricing, temporary price reductions (TPR), baseline prices
displays, shelving, in-store merchandising
displays, temporary price reductions (TPR), promoted pricing
shelving, regular pricing, new products/assortment - ANSWER-displays, temporary price
reductions (TPR), promoted pricing
2
, Page 3 of 211
QUESTION: which of the following measures is not available through panel data?
penetration rate
purchase size
sales volume
store cluster size
Buying rate
purchase frequency - ANSWER-store cluster size
3
, Page 4 of 211
QUESTION: True or False: The average promoted price at one retailer can be higher than the
non-promoted price at different retailer in the same market place - ANSWER-false (price)
QUESTION: what is SKU rationalization?
the process of selecting new items to add to the product assortment to increase market
coverage to 100%
the process of identifying niche items which cater to under performing key shopper segment
none of these answers are correct
the process of identifying poor performance items that should be deleted from the product
assortment to improve category sales - ANSWER-the process of identifying poor performance
items that should be deleted from the product assortment to improve category sales
QUESTION: why is "channel blurring" occurring in the retail industry?
4
