As you know, the CMA exam is comprised of two parts. Each part is designed to test your knowledge and understanding of core competencies in management accounting. And what you also … Read More
CMA Part 1 Q&A – Bad Debt Expense Formula
Student Question “Please help me understand the answer with a solution before the journal entry.” – Marco MCQ Madison Corporation uses the allowance method to value its accounts receivable and is … Read More
CMA Part 1 Q&A – Available for Sale Securities Cash Flow Statements
Student Question “Can you please explain why the gain from available for sale securities is subtracted in this problem? I would think it would be a cash inflow?” – Anna Test … Read More
CMA Part 1 Q&A: Appropriated Retained Earnings
Student Question “I have another question for you. I got the below question right but I thought that this was a tricky question. Why is it that D is the … Read More
CMA Part-One Mini-Lesson: How did We Calculate the Cash Flow from Operating Activities (CFO)?
Student Question “Hello Nathan, For the below, I’m confused how was the CFO calculated to be 700,000? There’s a step in the calculation that I’m missing??” – Mohammad MCQ SUL Company’s cash … Read More
CMA Part 1: Cash Inflow & Outflow from Operating Activities
Student Question “Hi, I have another question on cash flow from operations. I’m confused on how they arrived at their calculation of depreciation. I would have that depreciation would result … Read More
CMA Part-One Mini-Lesson: How to Calculate the Started and Completed Units?
Student Question “Hi Nathan, I’m having a problem understanding how to calculate the started and completed units. I see in the problem below it says that there are 80,000 units … Read More
CMA Part 1 Q&A – The Difference Between Covariance and Correlation
Student Question “I don’t understand the difference between Covariance and Correlation. The book implies that Covariance and Correlation are the same things.” – Syed. 1-on-1 CMA Coaching Support Here’s how to … Read More
CMA Part-One Mini-Lesson: How to Determine Transfer Pricing?
Student Question “I thought the answer is B but why is it D??” – Shaymill. MCQ – Transfer Pricing Kem Manufacturing has several divisions and evaluates performance using segment income. … Read More
CMA Exam Part 1 Q&A – Operating Investing and Financing Activities
Student Question “My toughest area so far is the statement of cash flows. Classifying what is in operating, investing, and financing. For example, if i purchased a building for $100,000 … Read More
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