For IndividualsFor Educators
ExpertMinds LogoExpertMinds
ExpertMinds

Ace your certifications with Practice Exams and AI assistance.

  • Browse Exams
  • For Educators
  • Blog
  • Privacy Policy
  • Terms of Service
  • Cookie Policy
  • Support
  • AWS SAA Exam Prep
  • PMI PMP Exam Prep
  • CPA Exam Prep
  • GCP PCA Exam Prep

© 2026 TinyHive Labs. Company number 16262776.

    PracticeCPA®CPA BAR Practice Exam 5Question 46
    Easy1 markMultiple Choice
    Area I: Business AnalysisStrategic PlanningSWOT

    CPA · Question 46 · Area I: Business Analysis

    In a SWOT analysis, which of the following is considered an 'Opportunity'?

    Answer options:

    A.

    Proprietary technology owned by the company.

    B.

    A competitor exiting the market.

    C.

    High employee turnover.

    D.

    New regulations increasing compliance costs.

    How to approach this question

    SWOT: Strengths/Weaknesses are Internal. Opportunities/Threats are External. Positive External = Opportunity.

    Full Answer

    B.A competitor exiting the market.✓ Correct
    Opportunities are external factors that the entity can exploit to its advantage. A competitor exiting the market is an external event that opens up market share.

    Common mistakes

    Confusing Internal Strengths with External Opportunities.
    Question 45All questionsQuestion 47

    Practice the full CPA BAR Practice Exam 5

    50 questions · hints · full answers · grading

    Sign up freeTake the exam

    More questions from this exam

    Q01Orion Manufacturing is analyzing its working capital efficiency. For the current year, Orion repo...HardQ02Vanguard Corp. uses a standard costing system. For the month of June, the following data is avail...HardQ03Titan Industries is evaluating a new project with the following projected cash flows:<br/>- Initi...MediumQ04Under ASC 606, which of the following scenarios BEST describes a performance obligation that is s...MediumQ05Blue City's General Fund reported the following for the fiscal year:<br/>- Property taxes levied:...Hard
    View all 50 questions →