***Ace the CMA Part 1 Exam and Get the Results You Deserve***
The CMA Part 1 exam is a challenging test and your results can make a huge difference when it comes to your future. If you do well on the exam, it can open doors and lead to wonderful opportunities. If you do poorly on the CMA Part 1 test, you will find yourself with a lot fewer options. You may have to put your plans for the future on hold, or even give up on them altogether. Preparing for your exam with our CMA Part 1 Exam Flashcard Study System can help you avoid this fate and give you a big advantage when you sit down to take the test.
The Planning, Budgeting and Forecasting section includes:
Purpose of budgets
Authoritative budgeting
Participative budgeting
Unattainable budget standards
Pro forma income statement
Pro forma statement of financial position
Pro forma cash flow statement
The Performance Management section includes:
Performance measurement
Variance analysis
Responsibility accounting
Contribution margin
Transfer pricing
ROI
Balanced scorecard approach
The Cost Management section includes:
Activity-based costing
Cost allocation methods
Just-in-time manufacturing systems
Outsourcing
Value chain analysis
Benchmarking
TQM
The Internal Controls section includes:
Internal control risk
Segregation of duties
Sarbanes-Oxley Act of 2002
Internal audit
Independent auditors
PCAOB
Disaster recovery plan
The Professional Ethics section includes:
Institute of Management Accountants Statement of Ethical Professional Practice
Competency standards of the Institute of Management Accountants
Confidentiality standards of the Institute of Management Accountants
Integrity standards of the Institute of Management Accountants
Credibility standards of the Institute of Management Accountants
...and much more!
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