CMA (USA) Practice Test Part 1 - Practice Kit 1
CMA (USA) Practice Test Part 1 - Practice Kit 1
This course is a companion course to the course "Know how to be successful in writing the CMA USA Exam #1 MCQ's".
This course covers the CMA material in much more depth. There will be other companion courses covering every section of the Part 1 exam.
This course will further your preparation for the exam for all six sections of CMA USA 1
Part 1: Financial Planning, Performance, and Analytics
15% External Financial Reporting Decisions
20% Planning, Budgeting, and Forecasting
20% Performance Management
15% Cost Management
15% Internal Controls
15% Technology and Analytics
This course covers the CMA Exam material in much more depth. There will be other companion practice tests covering every section of the Part 1 exam as I will continue to develop more in-depth material for the other sections.
I earned my CMA 2 Years ago. I have taught CMA courses and consistently had an 85% to 90% pass rate. I have marked thousands of CMA final accreditation exams.
Passing CMA exams will not be easy..
Obtaining your CMA designation - believe me - will pay you BIG dividends for the rest of your career. It did for me.
In order to do well, you’ll need to exercise the following skills:
Knowledge
Comprehension
Application
Analysis
Synthesis
Evaluation
Keep in mind that the CMA exam requires a higher level of thinking than just reciting facts or working with basic equations. You’ll need to demonstrate the skills listed above in each knowledge area on the test.
A. External Financial Reporting Decisions – 15%
Financial Statements
Recognition, Measurement, Valuation, and Disclosure
B. Planning, Budgeting and Forecasting – 20%
Strategic planning
Budgeting Concepts
Forecasting techniques
Budgeting methodologies
Annual profit plan and supporting schedules
Top-level planning and analysis
C. Performance Management – 20%
Cost and Variance Measures
Responsibility Centers and Reporting Segments
Performance Measures
D. Cost Management – 15%
Measurement concepts
Costing Systems
Overhead costs
Supply Chain Management
Business Process Improvement
E. Internal Controls – 15%
Governance, Risk, and Compliance
Systems Controls and Security Measures
F. Technology and Analytics – 15%
Information Systems
Data Governance
Technology-Enabled Finance Transformation
Comprehensive Preparation Test for CMA Part 1 (450+ Questions)
Url: View Details
What you will learn
- External Financial Reporting Decisions
- Planning, Budgeting, and Forecasting
- Performance Management
Rating: 3.61111
Level: Intermediate Level
Duration: 478 questions
Instructor: Mohemin Mehmood
Courses By: 0-9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
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