Q. # 1: What is the IMA CMA-Strategic-Financial-Management Exam?
The IMA CMA-Strategic-Financial-Management Exam is a certification exam designed to validate the strategic financial management skills of professionals.
Q. # 2: Who should take the IMA CMA-Strategic-Financial-Management Exam?
The IMA CMA-Strategic-Financial-Management exam is ideal for professionals seeking to advance their careers in management accounting, financial analysis, budgeting, or corporate finance. It's particularly valuable for accountants, financial analysts, controllers, and aspiring business leaders.
Q. # 3: What topics are covered in the IMA CMA-Strategic-Financial-Management Exam?
The IMA CMA-Strategic-Financial-Management exam focuses on several key areas:
- Financial statement analysis (20%)
- Corporate finance (20%)
- Business decision analysis (25%)
- Enterprise risk management (10%)
- Capital investment decisions (10%)
- Professional ethics (15%)
Q. # 4: How many questions are on the IMA CMA-Strategic-Financial-Management Exam?
The IMA CMA-Strategic-Financial-Management exam consists of 100 multiple-choice questions.
Q. # 5: How long is the IMA CMA-Strategic-Financial-Management Exam?
The IMA CMA-Strategic-Financial-Management exam duration is 4 hours.
Q. # 6: What is the passing score for the IMA CMA-Strategic-Financial-Management Exam?
The passing score for the IMA CMA-Strategic-Financial-Management Exam is 360 out of 500.
Q. # 7: What is the difference between IMA CMA-Strategic-Financial-Management and CMA-Financial-Planning-Performance-and-Analytics Exams?
The IMA CMA-Strategic-Financial-Management Exam and the CMA-Financial-Planning-Performance-and-Analytics Exam are both part of the Certified Management Accountant (CMA) certification but focus on different areas of financial management:
- IMA CMA-Strategic-Financial-Management Exam: The IMA CMA-Strategic-Financial-Management Exam focuses on strategic financial management, emphasizing high-level financial decision-making, corporate finance, risk management, and investment decisions.
- IMA CMA-Financial-Planning-Performance-and-Analytics Exam: The IMA CMA-Financial-Planning-Performance-and-Analytics Exam centers on financial planning, performance management, and analytics, covering areas like budgeting, forecasting, cost management, and the use of technology and data analytics.
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