IMA CMA-Financial-Planning-Performance-and-Analytics Q&A - in .pdf

  • Exam Code: CMA-Financial-Planning-Performance-and-Analytics
  • Exam Name: CMA Part 1: Financial Planning - Performance and Analytics Exam
  • Updated: Jul 24, 2026
  • Q & A: 112 Questions and Answers
  • PDF Price: $59.98
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IMA CMA-Financial-Planning-Performance-and-Analytics Q&A - Testing Engine

  • Exam Code: CMA-Financial-Planning-Performance-and-Analytics
  • Exam Name: CMA Part 1: Financial Planning - Performance and Analytics Exam
  • Updated: Jul 24, 2026
  • Q & A: 112 Questions and Answers
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IMA CMA-Financial-Planning-Performance-and-Analytics Exam Syllabus Topics:
SectionWeightObjectives
Topic 1: External Financial Reporting Decisions15%
Topic 2: Planning, Budgeting and Forecasting20%
Topic 3: Internal Controls25%
Topic 4: Cost Management20%
Topic 5: Performance Management20%
IMA CMA Part 1: Financial Planning - Performance and Analytics Sample Questions:

1. Hill Corporation sola some of its accounts receivable including one from Custom Company, to Dale incorporated without recourse, Because of this transaction.

A) Hill Corporation has no recourse against Dale Incorporated
B) Dale incorporated has no recourse against mil Corporation
C) Custom Company has no recourse against Dale incorporated
D) Custom Company has no recourse against Hill Corporation


2. The master budget for a company contains me following production requirements.
Quarter 1- 50,000 units
Quarter 2 - 55,000 units
Quarter 3 - 45,000 units
Quarter 4 - 52,000 units
Each unit of product requires four pounds of direct material. The company has a policy to begin each quarter with an inventory of aired materials equal to 20% of that quarter's direct material requirements The budgeted direct mate da I purchases for the third quarter would be

A) 49, 400 pounds
B) 36, 000 pounds
C) 185, 600 pounds
D) 41,400 pounds


3. A company's controller is preparing to allocate service department costs. The controller would like to use a cost allocation method that would be most accurate. The method the controller would most likely use is the

A) dual allocation method
B) direct method
C) reciprocal method
D) step-down method


4. Which one of the following items is included in accumulated other comprehensive income?

A) Effect of a change in accounting method
B) Realized gains on available-for-sale securities
C) Gains and losses on the sale of equipment
D) Foreign currency translation adjustments


5. One major output of an accounting information system's financing cycle is a summary of

A) forecasted cash needs
B) actual operating cash outflows
C) current cash balances.
D) actual operating cash inflows


Solutions:

Question # 1
Answer: B
Question # 2
Answer: C
Question # 3
Answer: C
Question # 4
Answer: D
Question # 5
Answer: A

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