150 Test Bank Questions - CMA Part 1

150 Test Bank Questions - CMA Part 1 - Section A

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What you'll learn

You'll be able to get familiar & answer questions related to "Balance Sheet"
You'll be able to get familiar & answer questions related to "Income Statement"
You'll be able to get familiar & answer questions related to "Statement of Comprehensive Income"
You'll be able to get familiar & answer questions related to "Statement of Owners Equity and Limitations of Financial Statements"
You'll be able to get familiar & answer questions …

Rating 0 out of 5 (0 ratings in Udemy)

What you'll learn

You'll be able to get familiar & answer questions related to "Balance Sheet"
You'll be able to get familiar & answer questions related to "Income Statement"
You'll be able to get familiar & answer questions related to "Statement of Comprehensive Income"
You'll be able to get familiar & answer questions related to "Statement of Owners Equity and Limitations of Financial Statements"
You'll be able to get familiar & answer questions related to "Statement of Cash Flows"
You'll be able to get familiar & answer questions related to "Statement of Cash Flows - The Indirect Method"
You'll be able to get familiar & answer questions related to "Investing and Financing Activities, SCF Disclosures"
You'll be able to get familiar & answer questions related to "Integrated Reporting"
You'll be able to get familiar & answer questions related to "Accounts Receivable"
You'll be able to get familiar & answer questions related to "Inventory Tracking Methods"
You'll be able to get familiar & answer questions related to "Inventory Count, Errors, and Valuation"
You'll be able to get familiar & answer questions related to "Investments Overview, Debt Securities"
You'll be able to get familiar & answer questions related to "Equity Investments"
You'll be able to get familiar & answer questions related to "Business Combinations and Consolidations"
You'll be able to get familiar & answer questions related to "Recording Fixed Assets"
You'll be able to get familiar & answer questions related to "Depreciation of Fixed Assets"
You'll be able to get familiar & answer questions related to "Intangible Assets"
You'll be able to get familiar & answer questions related to "Reclassifying Short-Term Liabilities"
You'll be able to get familiar & answer questions related to "Warranties"
You'll be able to get familiar & answer questions related to "Accounting for Income Taxes"
You'll be able to get familiar & answer questions related to "Owners Equity and Retained Earnings"
You'll be able to get familiar & answer questions related to "Common Stock"
You'll be able to get familiar & answer questions related to "Preferred Stock"
You'll be able to get familiar & answer questions related to "Revenue Recognition"
You'll be able to get familiar & answer questions related to "Right of Return and Consigned Goods"
You'll be able to get familiar & answer questions related to "Long-Term Contracts"

Description

The aim of this test bank is to focus on Section A which is the External Financial Reporting, in particular in the following areas:

Balance Sheet - 13 Questions
Income Statement - 12 Questions
Statement of Comprehensive Income - 15 Questions
Statement of Owners Equity and Limitations of Financial Statements - 4 Questions
Statement of Cash Flows - 22 Questions
The Indirect Method - 26 Questions
Investing and Financing Activities, SCF Disclosures - 12 Questions
Integrated Reporting - 10 Questions
Accounts Receivable - 17 Questions
Inventory Tracking Methods - 19 Questions
Inventory Count, Errors, and Valuation
Investments Overview, Debt Securities
Equity Investments
Business Combinations and Consolidations
Recording Fixed Assets
Depreciation of Fixed Assets
Intangible Assets
Reclassifying Short-Term Liabilities
Warranties
Accounting for Income Taxes
Leases
Owners Equity and Retained Earnings
Common Stock
Preferred Stock
Revenue Recognition
Right of Return and Consigned Goods
Long-Term Contracts

Throughout these materials, we have chosen particular language, spellings, structures, and grammar in order to be consistent and comprehensible for all readers. We are aware that our choices may not always adhere to “formal” standards, but my effort is focused on making the study process easy for all candidates. Nonetheless, I continue to welcome your meaningful corrections and ideas for creating better materials.

It is worth mentioning that Section A - External Financial Reporting weighs around 15% of the CMA Part 1 Exam.

Therefore, this test bank is designed to cover the above-mentioned topics by ideas that you might face during the exam. However, this material is designed exclusively to assist people in their exam preparation. No information in the material should be construed as authoritative business, accounting, or consulting advice. Appropriate professionals should be consulted for such advice and consulting.

I understand the commitment that you have made to the exams, and I will match that commitment in my effort to help you. Furthermore, I understand that your time is too valuable to study for an exam twice, so we will do everything possible to make sure that you pass the first time.

I wish you success in your studies.

Please remember that practice makes perfect or at least permanent.

Sincerely,

Tariq Al-Basha, MSc, CMA®, FMVA®, CMSA®, CBCA™, BIDA™, CRE

Duration 0 Hours 58 Minutes

Paid

Self paced

All Levels

English (US)

Rating 0 out of 5 (0 ratings in Udemy)

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