APBM Certified Business Manager (CBM) - CBM Exam Questions [2026]

QUESTION NO: 1
For IS planning to be successful, top management must:

A. Regard ISs as a source for gaining strategic goals B. All of the above C. Understand that IT is a complex resource D. Recognize IT as an indispensable resource

Correct Answer: B

QUESTION NO: 2
What strategy is appropriate in a relatively stable business environment because its approaches competition on the basis of low price and high quality of product or service?

A. cost-leadership B. staffing growth C. external staffing D. business innovation

Correct Answer: A

QUESTION NO: 3
An information system that provides reports to stakeholders about the economic activities and condition of a business is called:

A. Bookkeeping B. Investment C. Accounting D. Financing

Correct Answer: C

QUESTION NO: 4
The transfer of ownership by the host government to a domestic entity with payment of compensation is called:

A. All of the above B. Domestication C. Expropriation D. Local content

Correct Answer: C

QUESTION NO: 5
A cash management arrangement used to mobilize funds from decentralized receiving locations, whether they are decentralized company locations, into one or more central cash pools is known as:

A. Concentration banking B. Marketable Concentration C. Payable Concentration D. None of the above

Correct Answer: A

QUESTION NO: 6
Process of studying the environment of the organization to pinpoint opportunities and threats is known as:

A. Environmental regulating B. Environmental scrutinize C. Environmental inspection D. Environmental scanning

Correct Answer: D

QUESTION NO: 7
What support the strategic decision-making needs of higher-level managers?

A. Hostile Management System B. Management policies C. Management Information System D. Management Decisions

Correct Answer: C

QUESTION NO: 8
The heart of __________________ is the security agreement, a standardized document on which the specific pledged assets are listed.

A. Pledged Account Code B. Factoring Account Code C. Uniform Commercial Code D. Crediting Resource Code

Correct Answer: C

QUESTION NO: 9
A method used to forecast the supply of people for certain positions is called:

A. Affecting workforce B. Replacement analysis C. Placement analysis D. Succession analysis

Correct Answer: D