us cma essay questions

The two types of CMA exam questions account for the following percentage of your overall score: MCQs: 75%. Essays: 25%. The essays are graded by trained subject matter experts using an approved scoring rubric to ensure objectivity and consistency. In contrast, the MCQs are graded by a computer.

CMA Part 2 - Strategic Financial Management - Examination Sample Questions 4 1. Gordon has had the following financial results for the last four years. Year 1 Year 2 Year 3 Year 4 Sales $1,250,000 $1,300,000 $1,359,000 $1,400,000 Cost of goods sold 750,000 785,000 825,000 850,000 Gross profit 500,000 515,000 534,000 550,000

To provide candidates with a brief view of some of the types of questions on the CMA ® (Certified Management Accountant) exam, the following are five with correct answers and explanations for each.. You can also check out these additional practice multiple-choice and essay questions to test your CMA knowledge.. CMA Exam Part 1: A company has a fixed overhead volume variance that is $10,000 ...

The CMA exam consists of two parts: Part 1: Financial Planning, Performance, and Analytics. Part 2: Financial Decision Making. Each part of the exam consists of 100 MCQs and two essay questions. The MCQs are worth 75% of your total score for each exam part, and you must answer 50% of the MCQs correctly in order to progress to the essays.

The CMA Exam essay questions stress a lot of people out. After all, Certified Management Accountants typically have a background in accounting or finance — we're not writers! As long as you've mastered the exam content enough to do well on the multiple-choice questions, some simple strategies will help you succeed on the essays, too.

CMA Part 1 Sample Questions. The CMA Part 1 exam includes 100 multiple-choice questions and two 30-minute essays. See if you can answer these free questions now. At the end of Year 3, the managers of Guardian Company are planning for Year 4. In Year 3, manufacturing overhead was $349,600, direct labor hours equaled 16,000 hours, and machine ...

In this edition, we'll focus on the essay questions. The essay portion of the CMA exam comprises 25% of the total exam time, or one hour, for each exam part. Both exam parts include two essay problems/scenarios, and each can have five to seven questions associated with it. Candidates are given 30 minutes to respond to each essay problem/scenario.

Pair those with these 12 essay hacks and you'll be well-prepared to master CMA exam essay questions: Stay positive and stop fearing the essay section. Write down your calculations, work, and assumptions to earn partial credit. Keep in mind, this all must be done on the computer's exam simulation.

The essay questions in Part 2 aim to assess candidates' cognitive skills at various levels, including: Knowledge: Understanding key concepts and principles. Comprehension: Grasping the meaning and implications of financial information. Application: Applying financial tools and techniques to real-world scenarios.

To provide candidates with a brief view of some of the types of questions on the CMA ® (Certified Management Accountant) exam, below are five questions - with correct answers and explanations for each. You can also check out these additional practice multiple-choice and essay questions (in PDF format) and try the interactive practice quiz ...

The CMA exam consists of two separate exams. Both Part 1 and Part 2 include 100 multiple-choice questions and 2 essay questions. Candidates must answer at least 50% of multiple-choice questions on each exam before proceeding to the essay portion. Multiple-choice questions account for 75% of the total exam score for each Part.

4.Pay attention to verbs: The essay questions in the US CMA exam give you a hint on how to answer based on the verb you start the sentence with. Here are a few common verbs: contrast/compare, define, examine, calculate, apply, or interpret. Ensure your answer fulfills a specific verb. 5.Use your scratch paper: You don't have to try everything ...

Set a timer and practice answering questions within the allocated time frame. This not only enhances your time management skills but also helps you become more comfortable with the essay format. Tip No. 13: Prioritize High-Point Questions. If the essay questions have different point values, consider prioritizing those with higher point values.

To provide candidates with a brief view of some of the types of questions on the CMA ® (Certified Management Accountant) exam, the following are five questions - with correct answers and explanations for each. You can also check out these additional practice multiple-choice and essay questions (in PDF format) and try the new interactive practice quiz, available on the IMA ® (Institute of ...

Achieving a passing score of 360 (out of 500) on the CMA Exam requires a lot of studying, dedication and hard work. You'll take the exam in two parts, each including a three-hour section with 100 multiple-choice questions, followed by a one-hour essay section comprising 10-12 written response or calculation questions based on typical business ...

The first section of the exam consists of 100 multiple choice questioeans that need to be answered over the course of 3 hours. The multiple choice questions make up 75% of your total score. The essay section consists of two questions and you're given 30 minutes per question. This section makes up 25% of your score.

Below are key things you need to know about the MCQ questions in your US CMA Exam. Time allotted three hours. Number of questions 100 multiple choice questions. Marks representing 75% of the exam score i.e. 375. Time available per question is 108 secs or 1 min 48 secs ( 3 hrs x 60 mins x 60 sec ) / 100 questions.

CMA Exam Part 1: 1. Bertram Company had a balance of $100,000 in retained earnings at the beginning of the year and $125,000 at the end of the year. Net income for the year was $40,000. Bertram's statement of financial position indicated that dividends payable had decreased by $5,000 throughout the year, although both cash dividends and a ...

Multiple-choice questions have a different way of answering than essay-writing questions, for obvious reasons. Some candidates find MCQs easy, while other candidates find them difficult. The reasons for them being easy are: 1 out of the 4 options is correct. There are 100 MCQs in all; lots of scope to score, it is okay if a few are missed out.

We hope that these practice questions will be a valuable resource as you pursue your goal of certification. Good luck! Page 2 fCMA Part 1 Essay Practice Questions (Answers begin on Page 42) Question 1.1 -Brawn Technology Brawn Technology, Inc. is a manufacturer of large wind energy systems.

When the 46th President of the United States took the debate stage a week ago, it became apparent, even from his first answer, that this would not be the performance he hoped for.

You can also check out these additional practice multiple-choice and essay questions (in PDF format) and try the new interactive practice quiz, available on the IMA ® (Institute of Management Accountants) website, to test your skills and expertise. CMA Exam Part 1: 1. A company has $100 million of debt due in March Year 3.

Mr. Eagleton is a journalist and the author of "The Starmer Project." He wrote from London. The outcome seems predestined. The British Conservative Party, moribund after 14 years in office and ...

Sponsored content: The following insights are brought to you by Gleim, IMA Strategic Partner and the original CMA Review provider. The essay portion of the CMA ® (Certified Management Accountant) exam consists of two scenarios that usually ask five to seven questions each, and you're expected to write professional responses that show a thorough understanding of the material.

The ultimate study resource: CMA Exam Guide Learn everything you need to know about becoming a CMA from the world's first CMA prep provider. › Get the free guide . Free CMA study materials Check out this list of the best free CMA prep resources from around the web. › View free resources . Free access to one CMA ex am topic