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CMA-Financial-Planning-Performance-and-Analytics Dumps - CMA Part 1: Financial Planning - Performance and Analytics Exam Practice Exam Questions

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IMA CMA-Financial-Planning-Performance-and-Analytics - CMA Part 1: Financial Planning - Performance and Analytics Exam Braindumps

IMA CMA-Financial-Planning-Performance-and-Analytics - CMA Certification Practice Exam

  • Certification Provider:IMA
  • Exam Code:CMA-Financial-Planning-Performance-and-Analytics
  • Exam Name:CMA Part 1: Financial Planning - Performance and Analytics Exam
  • Certification Name:CMA Certification
  • Total Questions:112 Questions and Answers With Detailed Explanations
  • Updated on:Based on the current CMA-Financial-Planning-Performance-and-Analytics exam blueprint. Updated on Apr 5, 2026
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IMA CMA-Financial-Planning-Performance-and-Analytics This Week Results

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    Exact Questions as in Real Exam Word by Word

  • 112
    Total Questions

    IMA CMA-Financial-Planning-Performance-and-Analytics Questions and Answers

CMA-Financial-Planning-Performance-and-Analytics Question and Answers

Question # 1

Which one of the following is not considered to be a Benefit of participative budgeting?

Options:

A.  

Managers are held responsible for reaching their goals and cannot shift responsibility by blaming the unrealistic goals demanded by the budget.

B.  

Budget estimates are prepared by those in direct contact with various activities

C.  

individuals at all organizational levels are recognized as being pan of the team resulting in greater support of the budget

D.  

When managers set the final targets for the budget, it reduces top management's concerns about the profitability of operations

Question # 2

As part of the COSO Internal Control Framework segregation of duties and documentation areincluded in which of the components of the COSO model below?

Options:

A.  

Operating environment

B.  

Risk assessment

C.  

Control activities

D.  

Information and communication

Question # 3

Grayson Inc. experienced the following costs per unit this year for one of the direct materials involved in producing its main product

3.1 pounds @ $4 20 per pound = $13.02 per finished unit

For the next year. Grayson expects to produce 7.400 finished units. The price per pound of the direct material is expected to rise 10%. To combat this increase. Grayson has adapted its manufacturing process to reduce the amount of the direct material needed per finished unit by 5% What is the direct materials budget for the next year?

Options:

A.  

$91,531

B.  

$100,684

C.  

$101,165

D.  

$105,983

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CMA-Financial-Planning-Performance-and-Analytics FAQs

CMA Part 1 is the first part of the Certified Management Accountant exam, focusing on financial planning, performance, and analytics. It tests candidates on financial reporting, budgeting, and performance management.

Candidates must have a bachelor’s degree from an accredited institution or a recognized professional certification and must be members of the Institute of Management Accountants (IMA).

The exam covers external financial reporting decisions, planning, budgeting, forecasting, performance management, cost management, internal controls, and technology and analytics.

The exam consists of 100 multiple-choice questions (MCQs) and two essay questions, with a total time allowance of 4 hours.

Candidates must achieve a minimum score of 360 out of 500 to pass the exam.

The fees include a one-time entrance fee of $280 for IMA membership and an exam registration fee of $460 for professional members or $345 for student members.

 Yes, you can reschedule your exam without a fee if done at least 30 days before the exam date. A rescheduling fee applies if you do so after the deadline but more than 72 hours before the exam.

There is no limit on the number of retakes. However, candidates must register and pay the exam fee for each attempt.

Candidates must have a bachelor's degree, be an IMA member, and have two years of professional work experience in management accounting or financial management.

Career options include management accountant, financial analyst, budget analyst, financial controller, cost accountant, internal auditor, and CFO.

The certification enhances skills in financial analysis, budgeting, performance management, cost control, and strategic decision-making.

Candidates must pass both parts of the CMA exam within three years of entering the CMA program.

Financial metrics in our CMA-Financial-Planning-Performance-and-Analytics Test Engine by Exams4sure highlight operational deviations.

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