Which of the Following Areas Is Not Emphasized on the CMA

question 21

Multiple Choice

Which of the following areas is not emphasized on the CMA examination?

• A) external auditing and business law
• B) economics, finance, and management
• C) decision analysis and information systems
• D) financial accounting and reporting

---

Definitions:

Risk Premium

The extra return or reward that an investor expects to receive for taking a higher risk compared to a risk-free asset.

Cost of Debt

The effective rate that a company pays on its current debt, including loans and bonds, often considered in capital structure decisions.

GDP Price Index

A measure that tracks changes in the prices of goods and services included in the Gross Domestic Product, allowing for inflation-adjusted economic assessments.

Nominal Gross Domestic Product

The measure of a country's overall economic output at current market prices, without adjusting for inflation or deflation.