NINJA CMA Review

Question Category: Activity Ratios

P2 – MCQ3

P2 – MCQ2

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  • Section A. Financial Statement Analysis - [251]
    • 1. Basic Financial Statement Analysis - [2]
      • a. Financial Statement Analysis & Common-Size Analysis - [2]
    • 2. Financial Ratios - [227]
      • a. Liquidity Ratios - [60]
      • d. Leverage Ratios - [17]
      • b. Activity Ratios - [62]
      • c. Profitability Ratios - [19]
      • g. Market Value Ratios - [37]
      • e. Solvency Ratios - [4]
      • f. Coverage Ratios - [2]
      • h. Earnings Per Share - [25]
    • 3. Profitability Analysis - [13]
      • a. Revenue Analysis, Cost Measurement, Income Measurement Analysis, Sustainable Growth Rate - [13]
    • 4. Special Issues - [9]
      • a. Economic and Accounting Profit, Changes in Accounting Treatment, Earnings Quality and Persistence, E... - [9]
  • Section B. Corporate Finance - [507]
    • 1. Risk and Return - [47]
      • a. Risk and Risk Types, Return and Types of Return, Risk and Return Relationship, Statistical Measures ... - [32]
      • b. Capital Asset Pricing Model (CAPM) - [15]
    • 2. Long-term Financial Management - [154]
      • f. Cost of Capital - [66]
      • a. Bonds - [41]
      • b. Preference Stock - [8]
      • c. Common Stock - [27]
      • d. Derivatives - [10]
      • e. Other Sources of Long-Term Finance - [2]
    • 3. Raising Capital - [28]
      • a. Financial Markets, Market Efficiency or Efficient Market Hypothesis (EMH), Financial Institutions, I... - [28]
    • 4. Working Capital Management - [244]
      • a. Working Capital - [27]
      • b. Cash Management - [34]
      • c. Marketable Securities Management - [21]
      • d. Accounts Receivable Management - [61]
      • e. Inventory Management - [63]
      • f. Short-Term Financing - [38]
    • 5. Corporate Restructuring - [1]
      • a. Mergers and Acquisition, Divestitures, Evaluation of a Corporate Restructuring - [1]
    • 6. International Finance - [33]
      • a. Foreign Currencies and Exchange Rates, Cross-Border Transaction, Foreign Exchange Risk Management &a... - [33]
  • Section C. Business Decision Analysis - [339]
    • 1. Cost/Volume/Profit Analysis - [99]
      • b. Break-Even Analysis - [90]
      • a. Fixed and Variable Cost - [9]
    • 2. Marginal Analysis - [139]
      • a. Relevant and Irrelevant Cost - [56]
      • b. Special Order and Pricing Decisions - [25]
      • c. Make vs. Buy - [19]
      • d. Sell or Process Further - [10]
      • e. Keep or Drop a Segment - [16]
      • f. Capacity Considerations - [13]
    • 3. Pricing - [101]
      • a. Pricing Methodologies & Target Costing - [16]
      • b. Demand, Elasticity of Demand, Supply, Elasticity of Supply, Equilibrium Price and Effect of Shift in... - [62]
      • c. Market Structures & Product Life Cycle - [23]
  • Section D. Enterprise Risk Management - [80]
    • 1. Enterprise Risk - [80]
      • a. Types of Risk, Inherent Risk and Residual Risk, Factors Affecting Risk & Value at Risk (VaR) - [7]
      • b. Committee of Sponsoring Organization (COSO) – ERM Framework - [73]
  • Section E. Capital Investment Decisions - [177]
    • 1. Capital Budgeting Process - [177]
      • a. Time Value of Money & Capital Budgeting Process - [28]
      • d. Net Present Value & Profitability Index - [55]
      • e. Internal Rate of Return - [24]
      • c. Payback Periods - [39]
      • f. Comparison between Techniques, Mutually Exclusive Projects and Capital Rationing - [28]
      • b. Accounting Rate of Return - [3]
    • 2. Capital Investment Analysis Methods - [0]
      • a. Sensitivity Analysis, Certainty Equivalents, Capital Asset Pricing Model, Simulations, Risk-Adjusted... - [0]
  • Section F. Professional Ethics - [41]
    • 1. Business Ethics - [0]
      • a. Morality and Virtue & Moral Philosophy - [0]
    • 2. Ethical Considerations for Management Accounting and Financial Management Professionals - [23]
      • a. Principles, Standards of Ethical Conduct, Resolving Ethical Issues & Fraud and Fraud Risk - [23]
    • 3. Ethical Considerations for the Organization - [18]
      • a. Ethical considerations for the organization - [18]

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Explanation of Evaluation and RECON Phases

Evaluation Phase
When you are in this phase, 15% out of the total questions in the course will be presented to you from the various Categories. As you answer the MCQ in this phase, the system is learning what you do and do not know well. This will then inform the system how best to present MCQ to you in the RECON phase.

RECON Phase
After completion of the Evaluation Phase, the RECON Phase and its progress bar will be enabled. During this phase, you will be presented with MCQ using our proprietary algorithm that is designed for your optimal retention of the study material. The RECON progress bar will reflect the percentage of correctly answered questions out of the total questions present in the course. This takes into account all of your attempts during the entire RECON Phase.

Explanations for Overall % and Weighted Average

Overall %:
Your Overall % reflects the percentage of questions you have answered for all of the questions you have attempted. This means that if you answered a total of 10 questions, with 5 being correct, your Overall % would be 50%.

Weighted Average:
The AICPA weighs Categories based on the amount of questions that will be on the exam from those various categories. For example, Category 1 may be weighted at 35% while Category 2 is weighted at 15%. This means that there will be more questions on the exam from Category 1 than Category 2. Your Weighted Score takes into account both your correct/incorrect responses to the MCQ as well as the Weightage of the categories for those questions.

Explanations for Overall % and Trending Score

Overall %:
Your Overall % reflects the percentage of questions you have answered for all of the questions you have attempted. This means that if you answered a total of 10 questions, with 5 being correct, your Overall % would be 50%

Trending Score:
Your Trending Score is calculated based on your most recent 200 MCQ attempts. The Trending Score calculation also takes into consideration the Weighted Average for each AICPA Category.

Important Note:
NINJA MCQ is designed in a way so that you should aim for a Trending Score between 80-85% for each Category and its associated subcategories. The software is adaptive in that it will feed you questions in a specific order for best retention, all based on what it has "learned" from your prior correct and incorrect answers. To improve your Trending Score in any one category or subcategory, select "By Topic" and then make your category/subcategory selection.

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