
Knowing the three levels on MCQ's that the CMA uses on their exams gives you an advantage
Levels B & C are the more challenging IMA questions therefore worth more marks. If Level A questions are worth one mark then Level B would be 3 and Level C - 5. It is like in golf - all par 4 holes are not equal - there is a difficulty index. The IMA has a difficulty index for each question on the exam. So focus on Level B & C questions.
The IMA published Learning outcomes for financial reporting
The researched answers to all the concepts that could be tested on Financial Reporting
Extensive notes on Financial Reporting Concepts. Download and study.
Please go to socrative.co, Register as a student
enter room CMA1A1
Then you name
This lecture is a short video on all topics in Section B. Planning, Budgeting and Forecasting. Print off the the IMA Learning Outcomes for Section B - Budgeting that I have restated as questions for you to research.
This section is most important - 30% of MC questions will be in this area. Also a case question will likely be on budgeting - so know the learning objectives in section B 5.
Try and answer the Master Budget Critical thinking questions.
An introductory video on Strategic Planning along with extensive notes on the topic. Read the relevant chapters in Horngren. Chapter 13 for example. Use the "Strategy learning Outcomes as questions" for this section B1, research the questions and create your own answers to those questions, You can check what past candidates have produced as answers for this section.
These are answers to the questions developed from the IMA learning outcomes. In Resources are a pdf file you can download.
These are answers to the questions developed from the IMA learning outcomes. In Resources are a pdf file you can download.
and demonstrate an understanding of learning curve analysis
and calculate the results under a cumulative average-time learning model
Room CMA1B1
For many years, I marked the CMA final exams and know what the IMA is looking for in the ideal candidate
There are hundreds of learning outcomes that the IMA publishes that could be tested on the Part 1 exam. I have turned these learning outcomes into questions that past (successful) CMA candidates have researched the answers to. Their answers are provided but I recommend that you research the answers yourself as that will help you in mastering the content.
IMA multiple choice questions are not all equal - know the three levels of questions and how much each level is worth.
I have over five hundred multiple choice questions with answers and analysis at Level A, B and C. You can practice answering these questions in a number of 10 minute quizzes or 13 minute assignments..Look for quizzes and assignment in each module of this course. Also, there are two mock exams to practice.
This course is a comprehensive study program to help you pass the Certified Management Accountants exam. It begins by first understanding how a professional organization such as the Institute of Management Accountants of America sets and marks the exams that lead to the professional designation as a Certified Management Accountant, The exams are offered three times a year - January, June and September.
I will be continually adding material to help you master the content.
Dr John