Certified Management Accountant (CMA)
Examination Practice Test Exam
1. Which organization offers the Certified Management
Accountant certification?
A. IMA
B. AICPA
C. FASB
D. SEC
Answer: A
Rationale: The Institute of Management Accountants offers the
Certified Management Accountant certification.
2. How many parts are in the CMA examination?
A. Two
B. Three
C. Four
D. Five
Answer: A
,Rationale: The CMA examination consists of two parts.
3. What is the focus of CMA Part 1?
A. Financial Planning, Performance, and Analytics
B. Strategic Financial Management
C. Auditing and Attestation
D. Taxation
Answer: A
Rationale: CMA Part 1 focuses on Financial Planning,
Performance, and Analytics.
4. What is the focus of CMA Part 2?
A. Strategic Financial Management
B. Financial Planning, Performance, and Analytics
C. Auditing and Attestation
D. Taxation
Answer: A
Rationale: CMA Part 2 focuses on Strategic Financial
Management.
,5. What is the minimum education required to become a CMA?
A. Bachelor degree
B. Associate degree
C. High school diploma
D. Master degree
Answer: A
Rationale: A bachelor degree from an accredited institution is
required to become a CMA.
6. How many years of professional experience are required for
CMA certification?
A. Two years
B. One year
C. Three years
D. Five years
Answer: A
Rationale: Two years of professional experience in management
accounting or financial management are required.
7. How often must a CMA renew their certification?
, A. Every year
B. Every two years
C. Every three years
D. Every five years
Answer: A
Rationale: CMAs must renew their certification annually.
8. How many continuing education hours are required annually
for CMAs?
A. 30 hours
B. 20 hours
C. 40 hours
D. 50 hours
Answer: A
Rationale: CMAs must complete 30 hours of continuing
education annually.
9. What is the pass rate for the CMA exam?
A. It varies
B. Always 50 percent
Examination Practice Test Exam
1. Which organization offers the Certified Management
Accountant certification?
A. IMA
B. AICPA
C. FASB
D. SEC
Answer: A
Rationale: The Institute of Management Accountants offers the
Certified Management Accountant certification.
2. How many parts are in the CMA examination?
A. Two
B. Three
C. Four
D. Five
Answer: A
,Rationale: The CMA examination consists of two parts.
3. What is the focus of CMA Part 1?
A. Financial Planning, Performance, and Analytics
B. Strategic Financial Management
C. Auditing and Attestation
D. Taxation
Answer: A
Rationale: CMA Part 1 focuses on Financial Planning,
Performance, and Analytics.
4. What is the focus of CMA Part 2?
A. Strategic Financial Management
B. Financial Planning, Performance, and Analytics
C. Auditing and Attestation
D. Taxation
Answer: A
Rationale: CMA Part 2 focuses on Strategic Financial
Management.
,5. What is the minimum education required to become a CMA?
A. Bachelor degree
B. Associate degree
C. High school diploma
D. Master degree
Answer: A
Rationale: A bachelor degree from an accredited institution is
required to become a CMA.
6. How many years of professional experience are required for
CMA certification?
A. Two years
B. One year
C. Three years
D. Five years
Answer: A
Rationale: Two years of professional experience in management
accounting or financial management are required.
7. How often must a CMA renew their certification?
, A. Every year
B. Every two years
C. Every three years
D. Every five years
Answer: A
Rationale: CMAs must renew their certification annually.
8. How many continuing education hours are required annually
for CMAs?
A. 30 hours
B. 20 hours
C. 40 hours
D. 50 hours
Answer: A
Rationale: CMAs must complete 30 hours of continuing
education annually.
9. What is the pass rate for the CMA exam?
A. It varies
B. Always 50 percent
