CMA-Financial-Planning-Performance-and-Analytics exam dumps

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  • Exam Code: CMA-Financial-Planning-Performance-and-Analytics
  • Exam Name: CMA Part 1: Financial Planning - Performance and Analytics Exam
  • No. of Questions: 112 Questions and Answers
  • Updated: Jun 19, 2026

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

1. Music Masters Inc. has three departments: Instrument Sales, Music Instruction and Recording Studio The three segments are staffed by different customer service personnel but share space and administrative staff Condensed income statement information follows.

Management wants to eliminate the Recording Studio because of its losses. Because of the configuration of the building it is doubtful the space could be sublet and none of the common fixed costs would be eliminated However, additional space allocated to either Instrument Sales or Music Instruction might increase revenue from those sources In making this decision, all of the following outcomes are correct except.

A) elimination of the Recording Studio will increase net income by $10,000
B) elimination of the Recording Studio will decrease net income by $10,000
C) net income will remain the same if the Recording Studio is eliminated and Music Instruction revenue increases $20,000
D) net income will increase if the Recording Studio is eliminated and instrument Sales increase $25,000


2. A company recently used 500 direct labor hours to manufacture ten units of a new product, if the company employs the cumulative average-time learning model with a 90% learning curve, the number of direct labor hours the company would expect to use to produce the next ten units of this product is

A) 400
B) 500
C) 450
D) 475


3. As part of the COSO Internal Control Framework segregation of duties and documentation are included in which of the components of the COSO model below?

A) Operating environment
B) Control activities
C) Information and communication
D) Risk assessment


4. Marsalis Products Inc. manufactures and sells batteries and cables for computers. The latest information on the products and their costs is shown in the following table.

Note: 1 Fixed manufacturing cost of S1.500,000 per year is allocated to products based on the number of machine hours required to produce the product at a rate of S3 per machine hour.
Based on the information above, what is the annual amount of earnings before interest and taxes (EBIT)?

A) $1,460,000.
B) $4,420,000.
C) $2,920,000.
D) $2,960.000.


5. A company has developed a core competency in data mining. Which one of the following best describes this core competency?

A) SQL mastery for structuring data as a oasis for applying data analytics
B) Ability to derive valid information from large databases using statistical techniques
C) Expertise in extracting data from large volumes of unstructured text using query tools
D) Ability to develop recommendations for action based on the analysts of large data sets


Solutions:

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

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