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CMA Part 1: Financial Planning, Performance, and Analytics Practice Exam

CMA-PART-1

First part of the Certified Management Accountant exam covering financial planning, budgeting, performance management, cost analysis, internal controls, and technology.

Exam Details

Official CMA-PART-1 exam format

Questions
100
Time Limit
240 minutes
Passing Score
360/500
Domains
6
2,500+
Practice Questions
100
Unique Practice Exams

Exam Domains

The CMA Part 1: Financial Planning, Performance, and Analytics exam covers 6 domains with different weight percentages

Domain 1: External Financial Reporting Decisions

15%

Financial statements, GAAP/IFRS, and financial disclosures.

Topics covered:
  • Financial statements
  • Revenue recognition
  • Asset valuation
  • IFRS vs. US GAAP differences

Domain 2: Planning, Budgeting, and Forecasting

20%

Strategic and operational planning, budget types, and forecasting methods.

Topics covered:
  • Strategic planning
  • Budget types
  • Pro forma statements
  • Forecasting methods
  • Top-level planning

Domain 3: Performance Management

20%

Performance measurement frameworks, variance analysis, and responsibility accounting.

Topics covered:
  • Cost and revenue variances
  • Balanced Scorecard
  • Responsibility centers
  • Transfer pricing
  • Business intelligence

Domain 4: Cost Management

15%

Costing methods, cost-volume-profit analysis, and ABC costing.

Topics covered:
  • Cost classification
  • Job and process costing
  • Activity-based costing (ABC)
  • CVP analysis
  • Relevant costing

Domain 5: Internal Controls

15%

Control frameworks, risk management, and governance.

Topics covered:
  • COSO framework
  • Control types
  • Enterprise risk management
  • Audit and compliance

Domain 6: Technology and Analytics

15%

Data analytics, AI, blockchain, and digital transformation in management accounting.

Topics covered:
  • Data analytics for management
  • Data visualization
  • ERP systems
  • Emerging technologies

What You Get with BetaStudy

2,500+ Questions

Comprehensive question bank covering all exam domains

Timed Exams

Practice under real exam conditions with 240-minute timer

Detailed Explanations

Understand why answers are correct with detailed explanations

Progress Tracking

Track your performance by domain and watch yourself improve

Frequently Asked Questions

Common questions about the CMA Part 1: Financial Planning, Performance, and Analytics certification exam

How many questions are on the CMA Part 1: Financial Planning, Performance, and Analytics exam?
The CMA Part 1: Financial Planning, Performance, and Analytics (CMA-PART-1) exam contains 100 questions that must be completed within 240 minutes.
What is the passing score for CMA Part 1: Financial Planning, Performance, and Analytics?
You need to score 360 out of 500 (72%) to pass the CMA Part 1: Financial Planning, Performance, and Analytics certification exam.
What topics are covered in the CMA Part 1: Financial Planning, Performance, and Analytics exam?
The exam covers 6 main domains: External Financial Reporting Decisions, Planning, Budgeting, and Forecasting, Performance Management, Cost Management, Internal Controls, Technology and Analytics. Each domain has different weight percentages based on importance.
How can BetaStudy help me pass the CMA Part 1: Financial Planning, Performance, and Analytics exam?
BetaStudy provides 2,500+ practice questions covering all 6 exam domains, 100 unique practice exams that simulate real exam conditions, detailed explanations for every answer, and progress tracking to identify your weak areas.
Are the practice questions updated for the latest CMA-PART-1 exam?
Yes, our questions are automatically updated whenever the official exam syllabus changes. We monitor the official IMA — Institute of Management Accountants certification page and regenerate questions to match the current exam format.

Official Resources

Official Exam GuideIMA — Institute of Management Accountants Documentation

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