CMA Part 1 Practice Test

Prepare for your test with realistic questions.

The Certified Management Accountant (CMA) certification exam is designed to assess the knowledge and skills of accountants. This page covers all of the information you need to know about Part 1 of the exam: Financial Planning, Performance, and Analytics.

Click “Start Test” above to take a free CMA Part 1 practice test, and check out our premium-quality CMA test prep resources by clicking the links below!

What’s on the CMA Exam Part 1?

The first part of the CMA exam contains 100 multiple-choice questions and two essays, and you will be given a time limit of 4 hours.

exam outline for part one of the CMA exam

The CMA exam Part 1 topics are as follows:

External Financial Reporting Decisions (15%)
  • Financial statements
  • Recognition
  • Measurement
  • Valuation
  • Disclosure
Planning, Budgeting, and Forecasting (20%)
  • Strategic planning
  • Budgeting concepts
  • Forecasting techniques
  • Budgeting methodologies
  • Annual profit plan and supporting schedules
  • Top-level planning and analysis
Performance Management (20%)
  • Cost and variance measures
  • Responsibility centers and reporting segments
  • Performance measures
Cost Management (15%)
  • Measurement concepts
  • Costing systems
  • Overhead costs
  • Supply chain management
  • Business process improvement
Internal Controls (15%)
  • Governance, risk, and compliance
  • System controls and security measures
Technology and Analytics (15%)
  • Information systems
  • Data governance
  • Technology-enabled finance transformation
  • Data analytics

FAQs

Q

How many questions are on the CMA exam Part 1?

A

There are 100 multiple-choice questions and two essays on this part of the exam.

Q

How long is the CMA exam Part 1?

A

The time limit for this part of the exam is 4 hours.

Q

What is the passing score for the CMA exam Part 1?

A

To pass this part of the exam, you must achieve a minimum scaled score of 360.


By Peter Rench

Peter Rench joined Mometrix in 2009 and serves as Vice President of Product Development, responsible for overseeing all new product development and quality improvements. Mr. Rench, a National Merit Scholar, graduated magna cum laude with a Bachelor of Science in Mechanical Engineering and a minor in mathematics from Texas A&M University.

 

by Mometrix Test Preparation | This Page Last Updated: December 6, 2023