Question 1
In business brokerage, a Confidential Information Memorandum (CIM) is used to:
Correct Answer:
Provide qualified, screened buyers with detailed information about the business for sale
Question 2
Seller’s Discretionary Earnings (SDE) is most commonly used to value:
Correct Answer:
Owner-operated small businesses, especially Main Street transactions
Question 3
EBITDA stands for:
Correct Answer:
Earnings Before Interest, Taxes, Depreciation, and Amortization
Question 4
Which is typically a legitimate add-back when normalizing earnings for a small-business sale?
Correct Answer:
Above-market owner compensation
Question 5
The primary professional association for business brokers in the United States is the:
Correct Answer:
IBBA (International Business Brokers Association)
Question 1
Exam overview

About this Exam

Prepare with the CBI Practice Questions - IBBA Certified Business Intermediary (CBI) Exam practice quiz. This question bank includes 100 questions covering typically, business, sale, seller, and buyer. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

More details

Additional Information

CBI Practice Questions - IBBA Certified Business Intermediary (CBI) Exam

This practice set contains 100 questions from the matching question bank and focuses on typically, business, sale, seller, and buyer. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

Quiz information

Frequently Asked Questions

The complete question count is available after full access is unlocked.
No fixed duration is currently configured for this quiz.
Question explanations are included where they are available in the quiz content, helping you review the reasoning after answering.
Yes. You can retake the practice test again as you continue studying during your available access period.
After your access is confirmed, you can continue into the complete practice exam from this quiz flow.
Unless explicitly stated otherwise, this page provides independent practice material for study and exam preparation and is not the official examination itself.
Keep studying

Related Questions