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Financial

CMAA

Certified Merger and Acquisition Advisor (CM and AA)

https://killexams.com/pass4sure/exam-detail/CMAA

QUESTION: 176

The approach in which keeping the acquisition as a stand-alone business and which is used to keep the entity and the organization intact is known as:

1. Preservation

2. Absorption

3. Maintenance

4. Perpetuation

Answer: A

QUESTION: 177

A system called symbiosis, is a hybrid of which approaches?

1. Preservation and Absorption

2. Preservation and Maintenance

3. Maintenance and Acquisition

4. Perpetuation and Maintenance

Answer: A

QUESTION: 178

Focus on changing the relative mix of debt and equity with an eye toward the growth

objectives of the company and the required go-forward capital, is called:

1. Change management

2. Capital growth

3. Recapitalization

4. Capital structure organization

Answer: C

QUESTION: 179

What of a company refers to the amount of its debt and equity, and the types of debt and equity used to fund the operations of the company?

1. Capital structure

2. Financing operations

3. Capital equity

4. None of the above

Answer: A

QUESTION: 180

Which of the following is NOT the factor involved in shaping capital structure?

1. Base assumptions

2. Industry dynamics

3. Purchase order financing

4. Use of funds

Answer: C

QUESTION: 181

refer to as the rate of environmental change, and the instability created within organizations as a result of that change.

1. Environmental dynamism

2. Environmental vitality

3. Environmental indolence

4. Environmental indifference

Answer: A

QUESTION: 182

What id defined as the portion of a loan that has a maturity date greater than 12 months from the date of measurement?

1. Short-term debt

2. Medium-term debt

3. Long-term debt

4. Leverage debt

Answer: C

QUESTION: 183

Reference to the sum of amounts invested in a company, plus the company’s cumulative net earnings after any distributions to the shareholders is known as:

1. Expense

2. Debt financing

3. Cash leverages

   
   

4. Equity

Answer: D

QUESTION: 184

Which firms are usually regional in nature and have focused operations in a geographic

area or in an area of specialty?

1. First-tier firms

2. Second-tier firms

3. Third-tier firms

4. None of the above

Answer: B

QUESTION: 185

The third-tier firms are referred to as

market niche.

1. Bulge bracket firms

2. Mortgage build-up firms

3. Boutique firms

4. Commercial Investment firms

Answer: C

and specialize in a particular

QUESTION: 186

Investment bankers who act as intermediaries and as principle investors are referred to as:

1. Merchant bankers

2. Public offering bankers

3. Capital market bankers

4. Merger acquisition bankers

Answer: A

QUESTION: 187

Public equity deals generally pay

percent of the offering proceeds to the

underwriting group, while private deals are normally set at percent of the amount

raised.

1. 5 percent & 7 percent

2. 7 percent & 5 percent

3. 3 percent & 2 percent

4. 6 percent & 4 percent

Answer: B

QUESTION: 188

The inventory process performed by investors or lenders considering a transaction with the company is called:

1. Tendency by management

2. Investment interim

3. Due diligence

4. None of the above

Answer: C

QUESTION: 189

In some cases, a financing team will choose to accept a broad, general term sheet and then negotiate the specific terms as part of the financial transaction documentation, known as

1. Financing agreements

2. Definitive agreements

3. Internal agreements

4. All of the above

Answer: B

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