QUESTION 6 The below chart relates to 4 questions throughout the exam. The same chart will appear in those questions: Chart for B/E and CVP The Margin of Safety in units at a total of 60 units of projected sales is approximately: A. 80 B. 40 C. 20 D. 10 E. None of the above

QUESTION 7 As a Certified Management Accountant, Suzanne is bound by the standards of ethical conduct issued by the Institute of Management Accountants. During the course of business, Suzanne learned that her company has decided to discontinue a major product line. If she mentions this fact to her brother, who is a stockbroker, Suzanne could be in violation of the: A. competence standard. B. confidentiality standard. C. integrity standard. D. objectivity standard. E. None of the above

QUESTION 8 Select the correct statement regarding fixed costs. A. "Because they do not change, fixed costs should be ignored in decision making." B. The fixed cost per unit decreases when volume increases. C. The fixed cost per unit increases when volume increases. D. The fixed cost per unit does not change when volume decreases. E. None of the above