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

  • Exam Code: CMA-Financial-Planning-Performance-and-Analytics
  • Exam Name: CMA Part 1: Financial Planning - Performance and Analytics Exam
  • Updated: Jul 31, 2026   Q&As: 112 Questions and Answers

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IMA CMA-Financial-Planning-Performance-and-Analytics Exam Syllabus Topics:

SectionWeightObjectives
Cost Management20%
Internal Controls25%
Performance Management20%
Planning, Budgeting and Forecasting20%
External Financial Reporting Decisions15%

IMA CMA Part 1: Financial Planning - Performance and Analytics Sample Questions:

1. A scatterplot is an effective visualization technique that is used to

A) illustrate the composition of an aggregate data point that changes over several periods
B) display the distribution of data points for a single variable
C) compare and track the change in data points over multiple time periods.
D) show the relationship of data points for two specific variables


2. A manufacturing company is considering implementing activity-based costing. Which one of the following statements is a valid consideration when making this change?

A) Activity-based costing systems may not replace traditional costing systems used for prepar.ng external financial statements.
B) Companies that make diverse products are least likely to benefit from activity based costing
C) An activity-based costing system is more costly to maintain than a traditional costing system
D) In an activity-based costing system, all costs including idle capacity costs, are allocated to products, customers and other costing objects


3. A fitness company produces workout video content and snares it online. The company has subscribers all over the world and its subscriber base has shown steady growth Management has approached a popular workout apparel company to discuss potential sponsorship opportunities. The goal is to impress the potential sponsor by showing the growth in total subscribers over the last 12 months. All of the following would be appropriate options for visualizing this data except a

A) pie chart
B) line graph
C) table
D) bar graph


4. Which one of me following statements is correct concerning the Sarbanes-Oxley Act of 2002?

A) Corporate executives must personally certify the financial statements and company disclosures under the possibility of imprisonment
B) A company's Chief Accounting Officer cannot have been employed by the company's audit firm for the five years preceding the audit
C) The company's audit firm must be rotated every five years and the lead auditor must be rotated every year
D) The five-member Public Company Accounting Oversight Board will be overseen by the AICPA and the FASB working together


5. La Salle Company purchased 2.150 shares of Barry Chocolates Corporation's common stock at $25.16 per share on November 17 of last year. The broker's commission was $85. The shares were sold on January 11 of the current year for $27.50 per share. The broker's commission on the sale was $76 Barry declared and paid dividends of $0 50 per share on March 26. June 25. September 25. and December 23 during the last two years La Salle's current year income statement would reflect a realized gain of

A) $5,022
B) $5,031
C) $4,870
D) $4,946


Solutions:

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

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