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Saylor Managerial Accounting (SAYA-0009) Exam Sample Questions (Q21-Q26):
NEW QUESTION # 21
How does a statement of cash flows provide value for a company?
- A. By showing assets, liabilities, and owners' equity at a point in time
- B. By showing revenues and expenses using the accrual basis of accounting
- C. By showing events that changed the stockholder's equity over the course of the accounting period
- D. By showing the change from the beginning cash balance to the ending cash balance on the balance sheet
Answer: D
NEW QUESTION # 22
You are the Controller for Healthcare Technology LLC, and you have been tasked with evaluating an upgraded enterprise resource planning system. Which of the following details would be relevant to your decision-making process?
- A. The company needs a cloud-based document storage system
- B. The company's revenues increased by $14,000,000 over the past twelve months
- C. A vendor replaced a member of its board of directors
- D. A customer's sales are growing rapidly
Answer: A
NEW QUESTION # 23
Using this data, what is the number of units that must be sold in order to achieve a desired after-tax profit of $100,000?
- A. 16,000 units
- B. 15,360 units
- C. 12,800 units
- D. 14,800 units
Answer: D
NEW QUESTION # 24
You are the newly hired manager of an individual restaurant chain. Which of the following responsibilities for your responsibility center would you be evaluated on?
- A. Revenues, costs, and resulting profits
- B. Return on investment for shareholders
- C. Meeting cost budgets
- D. Investments in assets decisions
Answer: A
NEW QUESTION # 25
Use the statement of cash flows to calculate the free cash flow.
- A. $22,000
- B. $52,000
- C. $77,000
- D. $3,000
Answer: D
NEW QUESTION # 26
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