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CFM Certified Finance Manager VIP Practice Exam
CFM — The CFM (Certified Financial Manager) was issued by the Association for Financial Professionals (AFP) as an advanced credential covering corporate finance, treasury, capital markets, and financial analysis; AFP transitioned CFM holders to the CTP (Certified Treasury Professional) designation around 2012, but the body of knowledge remains relevant to senior finance manager roles — this practice set mirrors that AFP CFM/CTP framework with 170-question exam structure, 4-hour time limit, and ~70% passing threshold.
60
Questions
240m
Time Limit
70.00%
To Pass
Question 1 of 60👑 VIP
A manufacturing company reports the following: current assets of $4,200,000, current liabilities of $2,800,000, inventory of $1,050,000, and prepaid expenses of $180,000. The company's treasurer is preparing a covenant compliance report for the bank, which requires a quick ratio of at least 1.05. Is the company in compliance?
Questions 2–60 and full explanations are VIP-exclusive.