Full Description
The only IMA-approved study system for the CMA certification exam
Wiley CMA Learning System Exam Review 2014 + Test Bank provides you with a complete textbook plus one-year access to our exclusive online test bank containing over 900 multiple-choice questions. This comprehensive set provides all the information candidates need in order to pass the CMA Exam. * Includes access to the IMA Test Bank, Part 1, which contains over 900 multiple-choice questions * Provides all the knowledge needed to pass Part 1 of the CMA Exam * Features sample essay questions that have appeared on previous exams, knowledge checks, study tips, and practice questions
Get ready for Test Day. Packed with key formulas, knowledge checks at the end of each topic, study tips, and practice questions, Wiley CMA Learning System equips you to easily pass the CMA Exam.
Contents
Acknowledgments of Subject Matter Experts ix
Candidate Study Information xi
How to Use the CMA Learning System(R) xv
Create a Study Plan xix
Introduction 1
Section A Planning, Budgeting, and Forecasting 3
Topic 1: Budgeting Concepts 25
Topic 2: Forecasting Techniques 43
Topic 3: Budgeting Methodologies 67
Topic 4: Annual Profi t Plan and Supporting Schedules 79
Topic 5: Top-Level Planning and Analysis 107
Practice Questions: Planning, Budgeting, and Forecasting 125
Section B Performance Management 135
Topic 1: Cost and Variance Measures 151
Topic 2: Responsibility Centers and Reporting Segments 185
Topic 3: Performance Measures 197
Practice Questions: Performance Management 225
Section C Cost Management 235
Topic 1: Measurement Concepts 255
Topic 2: Costing Systems 281
Topic 3: Overhead Costs 313
Topic 4: Operational Effi ciency 331
Topic 5: Business Process Performance 349
Practice Questions: Cost Management 365
Section D Internal Controls 377
Topic 1: Risk Assessment, Controls, and Risk Management 389
Topic 2: Internal Auditing 411
Topic 3: Systems Controls and Security Measures 425
Practice Questions: Internal Controls 445
Section E Professional Ethics 451
Topic 1: Ethical Considerations for Management Accounting and Financial Management Professionals 457
Practice Questions: Professional Ethics 469
Essay Exam Support Materials 471
Essay Exam Study Tips 475
Examples of Essay Question Answers 477
Practice Essay Questions and Answers 487
Answers to Section Practice Questions 565
Appendix A: ICMA Learning Outcome Statements Part 1 629
Bibliography 641
Index 645
