If you really intend to grow in your career then you must attempt to pass the CMA-Financial-Planning-Performance-and-Analytics exam, which is considered as most esteemed and authorititive exam and opens several gates of opportunities for you to get a better job and higher salary. But passing the CMA-Financial-Planning-Performance-and-Analytics exam is not easy as it seems to be. With the help of our CMA-Financial-Planning-Performance-and-Analytics Exam Questions, you can just rest assured and take it as easy as pie. For our CMA-Financial-Planning-Performance-and-Analytics study materials are professional and specialized for the exam. And you will be bound to pass the exam as well as get the certification.

The IMA CMA-Financial-Planning-Performance-and-Analytics (CMA Part 1: Financial Planning - Performance and Analytics) Certification Exam is designed for individuals who want to pursue a career in financial planning and analysis. This certification is recognized globally and offers a comprehensive understanding of financial planning and analysis concepts. The exam covers a wide range of topics, including financial statement analysis, budgeting, forecasting, performance management, and decision analysis. The CMA Part 1 exam is considered a prerequisite for the CMA Part 2 exam, which focuses on financial decision making.

The third section of the exam is dedicated to cost management, which includes understanding and applying various cost management techniques to help organizations reduce costs and increase profitability. Finally, the fourth section covers internal controls, which includes implementing and maintaining effective internal control systems to ensure that financial data is accurate and reliable.

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The CMA Part 1 exam is the first of two exams required to earn the CMA certification. This exam is focused on financial planning, performance, and analytics and covers topics such as budgeting, forecasting, financial statement analysis, and performance measurement. The exam consists of 100 multiple-choice questions and candidates have four hours to complete it.

IMA CMA Part 1: Financial Planning - Performance and Analytics Exam Sample Questions (Q30-Q35):

NEW QUESTION # 30
MJC Co. is considering adopting a variable costing system using variable costing rather than absorption costing will be more advantageous to MJC because the variable costing system

A. allows the financial statements released to internal users to agree with the GAAP financial statements issued for external useB. assigns all costs of manufacturing to products in order to properly match cost of production with revenuesC. more readily provides data needed for cost/volume/profit analyses done by managementD. focuses on gross profit as the best indicator of a company's ability to cover its expenses

Answer: C


NEW QUESTION # 31
A company s accounting department is run by only one accountant. Which one of the following can be implemented as a detective control?

A. Require the accountant to double-check his workB. Train another employee to record journal entries.C. Train another employee to perform bank reconciliationsD. Require the accountant to update cash balance regularly

Answer: C


NEW QUESTION # 32
Inherent risk factors involved in the revenue recognition process include each of the following except

A. legal factors that affect product warranties, returns and liabilitiesB. Industry factors that affect pricing, terms and discountsC. computerization of the process by which sates receipts and credit memoranda are recordedD. breakdown of segregation of duties controls

Answer: D


NEW QUESTION # 33
In developing a risk-based approach to internal control, a company is considering the risks posed to various accounts due to the complex calculations involved as well as industry factors that make measurement difficult.
These risk factors are part of

A. systems riskB. account level riskC. control riskD. inherent risk

Answer: D


NEW QUESTION # 34
A company has prepared the following pro forma income statements. It plans to sell 10,000 units in the current year and 11.500 units next year.

A. Reduce cost of goods sold by $1.00 per unitB. Increase sales revenue by 15%.C. Reduce operating expenses by $1.00 per unitD. Increase gross profit margin by 15%

Answer: A


NEW QUESTION # 35
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