Wiley CMA Learning System Exam Review 2013, Complete Set, Online Intensive Review + Test Bank

by Unknown

• ISBN13: 9781118480663
• ISBN10: 111848066X
• Edition: 1st
• Format: Paperback
• Copyright: 2012-11-20
• Publisher: Wiley

Summary

This bundled product suite includes the Wiley CMA Learning System Part 1: Financial Planning, Performance and Control which covers the topics of Planning, Budgeting, and Forecasting, Performance Management, Cost Management, Internal Controls, and Professional Ethics. As well as Part 2: Financial Decision Making covers the topics of Financial Statement Analysis, Corporate Finance, Decision Analysis and Risk Management, Investment Decisions, and Professional Ethics. It contains key formulas, knowledge checks at the end of each topic, study tips, and practice questions providing candidates with what they need to pass the CMA Exam. In addition, it includes Parts 1 and 2 of the self-study online intensive review as well as access to the test bank with over 2,000 questions (Part 1: 900 and Part 2: 1,100).

Author Biography

IMA (Montvale, NJ) is the worldwide association for accountants and financial professionals working in business. The organization was founded in 1919 as the National Association of Cost Accountants (NACA) to promote knowledge and professionalism among cost accountants and foster a wider understanding of the role of cost accounting in management. Today the IMA is a worldwide organization with over 60,000 members, working to provide a forum for research, practice development, education, knowledge sharing, and the advocacy of the highest ethical and best business practices in management accounting and finance.

Table of Contents

Acknowledgements of Subject Matter Experts ix

Candidate Study Information xi

How to Use the CMA Learning System xv

Create a Study Plan xix

Registration for the Wiley CMA Learning System Exam Review xxi

Introduction 1

Section A Planning, Budgeting, and Forecasting 3

Topic 1: Budgeting Concepts 5

Topic 2: Forecasting Techniques 23

Topic 3: Budgeting Methodologies 47

Topic 4: Annual Profi t Plan and Supporting Schedules 59

Topic 5: Top-Level Planning and Analysis 87

Practice Questions: Planning, Budgeting, and Forecasting 105

Section B Performance Management 115

Topic 1: Cost and Variance Measures 117

Topic 2: Responsibility Centers and Reporting Segments 151

Topic 3: Performance Measures 163

Practice Questions: Performance Management 191

Section C Cost Management 201

Topic 1: Measurement Concepts 203

Topic 2: Costing Systems 229

Topic 3: Overhead Costs 261

Topic 4: Operational Efficiency 279

Topic 5: Business Process Performance 297

Practice Questions: Cost Management 313

Section D Internal Controls 325

Topic 1: Risk Assessment, Controls, and Risk Management 327

Topic 2: Internal Auditing 349

Topic 3: Systems Controls and Security Measures 363

Practice Questions: Internal Controls 383

Section E Professional Ethics 389

Topic 1: Ethical Considerations for Management Accounting and Financial Management Professionals 393

Practice Questions: Professional Ethics 405

Essay Exam Support Materials 407

Essay Exam Study Tips 411

Examples of Essay Question Answers 413

Practice Essay Questions and Answers 423

Answers to Section Practice Questions 481

Appendix A: ICMA Learning Outcome Statements—Part 1 545

Bibliography 557

Index 561