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: Jun 07, 2026
  • Q & A: 112 Questions and Answers

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

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

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


2. The contribution margin data is shown below for several strategic business units (SBU).

which SBU has the lowest contribution margin ratio?

A) SBU C.
B) SBU B.
C) SBU A.
D) SBU D.


3. A company announced a stock dividend under which 1.000.000 shares will be issued to the holders of the
10.000.000 shares that are currently outstanding The stock which has a par value of $1 per share, traded at $10 on the dividend declaration date. How will shareholders' equity be affected by this stock dividend?

A) Retained earnings will decrease by $1.000.000
B) Common stock will increase by $10.000.000
C) Retained earnings will decrease by $9.000.000
D) Paid-in capital will increase by $9,000.000


4. Inherent risk factors involved in the revenue recognition process include each of the following except

A) legal factors that affect product warranties, returns and liabilities
B) computerization of the process by which sates receipts and credit memoranda are recorded
C) Industry factors that affect pricing, terms and discounts
D) breakdown of segregation of duties controls


5. COSO's Internal Control-Integrated Framework is the widely accepted internal control framework in the U S Five major Internal control components are Included in this framework Control environment consists of

A) the actions, policies, and procedures that reflect the overall attitudes of top management directors and owners about internal control
B) management's ongoing and periodic assessment of the quality of internal control performance to determine if controls are operating as intended
C) policies and procedures that management has established to meet its objectives for financial reporting
D) management s identification and analysis of risks relevant to the preparation of financial statements according to generally accepted accounting principles


Solutions:

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

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