Questions and Answers
What is the total duration of the CMA Foundation exam?
What is the minimum aggregate percentage required to pass the CMA Foundation exam?
Which of the following is NOT a subject covered in the CMA Foundation exam?
Which study material is considered essential for effective preparation for the CMA Foundation exam?
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What is one recommended method to assess preparation and time management for the CMA Foundation exam?
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Study Notes
CMA Foundation 2024
Exam Pattern
- Mode of Examination: Online (Computer-based Test)
- Duration: 3 hours
- Total Questions: 100 Multiple Choice Questions (MCQs)
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Marking Scheme:
- Each question carries 1 mark.
- No negative marking for wrong answers.
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Subjects Covered:
- Fundamentals of Accounting
- Business Laws
- Business Mathematics and Statistics
- Business Economics
- Passing Marks: Minimum of 40% in each subject and an aggregate of 50% across all subjects.
Study Materials
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Recommended Textbooks:
- Subject-wise textbooks aligned with the CMA syllabus.
- Reference books by recognized authors in accounting and finance.
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Study Guides:
- CMA Foundation study guides and question banks.
- Revision notes summarizing key concepts.
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Online Resources:
- Official CMA Institute website for updates and resources.
- Online courses and video lectures for interactive learning.
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Practice Papers:
- Previous years’ question papers for familiarization with exam format.
- Mock tests to assess preparation and time management.
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Study Groups:
- Joining study groups for discussion and clarification of doubts.
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Flashcards:
- Creating flashcards for quick revision of key terms and concepts.
CMA Foundation 2024 Overview
- Conducted online as a Computer-based Test.
- Exam duration is set at 3 hours.
- Comprises a total of 100 Multiple Choice Questions (MCQs).
- Each question is worth 1 mark with no negative marking for incorrect answers.
Subjects and Evaluation Criteria
- Subjects included in the exam:
- Fundamentals of Accounting
- Business Laws
- Business Mathematics and Statistics
- Business Economics
- To pass, candidates need a minimum of 40% in each subject and an overall aggregate of 50%.
Study Materials for Preparation
- Recommended textbooks aligned with the CMA syllabus are essential.
- Reference books authored by recognized experts in accounting and finance are beneficial.
- CMA Foundation study guides and question banks are crucial for focused preparation.
- Revision notes summarizing key concepts should be utilized for efficient review.
Online Learning and Practice Resources
- The official CMA Institute website provides essential updates and learning resources.
- Online courses and video lectures enhance interactive learning and understanding.
- Previous years’ question papers offer insight into the exam format.
- Mock tests are important for assessing preparation levels and improving time management.
Collaborative Learning and Revision Techniques
- Joining study groups encourages discussion and helps clarify doubts.
- Creating flashcards aids in quick revision of key terms and concepts, enhancing memory retention.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
Description
Prepare for the CMA Foundation 2024 exam with this comprehensive overview of the exam pattern, subjects covered, and essential study materials. Understand the marking scheme, recommended textbooks, and resources to help you achieve success in each subject tested. Get ready to excel in your online test with this guide.
