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IMA CMA-Financial-Planning-Performance-and-Analytics Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| External Financial Reporting Decisions | 15% | |
| Internal Controls | 25% | |
| Planning, Budgeting and Forecasting | 20% | |
| Performance Management | 20% | |
| Cost Management | 20% |
IMA CMA Part 1: Financial Planning - Performance and Analytics Sample Questions:
If a company s disaster recovery planning includes the use of a cold site the company will
- A. resume Its business processes immediately at a remote site with no preinstalled equipment
- B. restart its IT operations using the real-time mirroring performed at the cold site
- C. restore its IT function after equipment is made ready at a site with prewired IT access
- D. relaunch its major business processes from a site with preinstalled equipment
Correct Answer: C 🗳️
The type of data anarytics mat seeks to identify the best action to take in oraer to achieve a desired result is
- A. prescriptive analytics
- B. predictive analytics
- C. diagnostic analytics
- D. directive analytics
Correct Answer: A 🗳️
Trans Action inc. (TAI) is a multidivisional supplier of power train components to the automobile industry.
Following is selected information for the year just ended for each of the three divisions. Gear Axle and Housing.
The tai Board of Directors has decided to reward the employees or the divisions by allowing them to share in a bonus pool equal to S100.000 for each percentage point the return on investment (ROI) earned by their division exceeded the ROI of comparable firms as shown in the table below.
Rank the amounts in the bonus pools for the respective divisions from highest to lowest.
- A. Axle, Gear, Housing
- B. Axle, Housing, Gear
- C. Gear. Housing, Axle
- D. Housing, Axle, Gear.
Correct Answer: D 🗳️
in order for the IT manager in cnarge of a company's disaster recovery plan to have complete planning documentation, he should ensure that the documentation includes all of the following except
- A. program and operating system documentation
- B. the results of the latest disaster recovery test run
- C. vendors who win set up the hot site
- D. the phone numbers of key employees
Correct Answer: C 🗳️
Aeronautics Inc. has designed a new airplane that entails an extremely complex manufacturing process Upon reviewing the market Aeronautics' management believes the price of the plane will need to be set below current manufacturing costs. Some on the management team have recommended stopping the project, however, the CFO believes that the plane will become profitable in the near future. The CFO most likely used which forecasting method?
- A. Cost-volume-profit analysis
- B. Time series.
- C. Learning curve analysis
- D. Exponential smoothing
Correct Answer: B 🗳️
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