Preparing for the IMA CMA Part 2: Strategic Financial Management while holding down a full-time job is a real challenge, and study hours are hard to come by. The CMA-Strategic-Financial-Management practice questions from Lead2Passed let you turn a commute or a lunch break into productive review time, with 125 targeted items ready whenever you are.
IMA CMA-Strategic-Financial-Management Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Enterprise Risk Management | 10% | - Managing Enterprise Risk - Risk Mitigation Strategies - Risk Identification and Assessment - Types of Risk |
| Topic 2: Financial Statement Analysis | 20% | - Special Issues in Financial Statement Analysis - Comparative Financial Statement Analysis - Profitability Analysis - Financial Ratios |
| Topic 3: Corporate Finance | 20% | - International Finance - Long-Term Financial Management - Raising Capital - Corporate Restructuring - Working Capital Management - Financial Risk and Return |
| Topic 4: Professional Ethics | 15% | - Ethical Considerations for Management Accountants - IMA Statement of Ethical Professional Practice - Organizational Ethics |
| Topic 5: Capital Investment Decisions | 10% | - Net Present Value (NPV) - Discount Rates - Capital Budgeting Process - Sensitivity Analysis - Incremental Cash Flow Analysis - Payback Analysis - Internal Rate of Return (IRR) |
| Topic 6: Business Decision Analysis | 25% | - Pricing Methodologies - Cost-Volume-Profit Analysis - Marginal Analysis |
IMA CMA Part 2: Strategic Financial Management FAQ: Straight Answers for Candidates
Yes. A free PDF demo is available so you can review the question quality and format before you pay anything. And once you do purchase, your IMA CMA Part 2: Strategic Financial Management material includes 365 days of free updates — if that update period expires, you can extend it later at a 50% discount from your member zone.
The CMA-Strategic-Financial-Management exam includes 102 (100 Multiple-Choice Questions + 2 Essay Questions) questions, and you have 240 minutes to complete them. That makes pacing a real part of the challenge. Before test day, work out roughly how much time you can afford per question, get used to flagging a hard item and coming back to it instead of burning five minutes on one answer, and run at least a couple of full timed sessions in the Lead2Passed test engine so the clock feels familiar when it counts.
The official blueprint divides the IMA CMA Part 2: Strategic Financial Management into 6 domains. The main areas include Professional Ethics (15%), Capital Investment Decisions (10%), Financial Statement Analysis (20%). Each domain breaks down into its own subtopics, so scroll up to the complete exam outline above before you plan your study schedule.
Candidates must complete both CMA exam parts and satisfy IMA education and professional experience requirements to earn the CMA designation. No prerequisite exam is required before taking Part 2. Certification vendors do adjust these requirements from time to time, so we recommend confirming the current criteria on the official exam page — official CMA-Strategic-Financial-Management exam information before you register.
The CMA-Strategic-Financial-Management exam is the official test you need to pass to earn the CMA Certification certification at the Professional level. Passing it validates your skills to employers, and for many IT professionals it is a direct step toward better roles and better pay. It also connects to related credentials such as Certified Management Accountant (CMA), so it is worth understanding where this exam sits on your certification path.
The passing score for the CMA-Strategic-Financial-Management exam is 360/500, and the official registration fee is USD 495 (Professional Member) / USD 445 (Academic Member) / USD 370 (Student Member). One thing candidates often overlook: if you do not pass, a retake means paying that fee again in full. It is a strong argument for drilling with the 125 practice questions from Lead2Passed until your mock scores sit comfortably above the bar before you book a seat.
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IMA CMA Part 2: Strategic Financial Management Sample Questions:
Explain two potential benefits for Guda if it acquires Blue Moon.
Essay
Food Depot Ltd, (FDL) is a privately-held company that provides catering services to airlines and operates several restaurant chains including fast food, casual dining, and fine dining restaurants, FDL has been profitable in recent years and has a very strong cash position. FDL's newest division. Food_TO-Go is an online meal ordering and delivery platform acquired by FDL two year ago.
In 20X7, sales for the entire company were $1 billion, with 50% of the business coming from the Airline Catering division. FDL is the country 's leading airline catering services provider and control 60% of the market share. However, the outlook of the airline catering industry is gloomy. The compound annual growth rate of the industry for the past five years was only 0.5% as airline networks have increasingly dropped catering on short domestic flights.
The Food-To-division only contribution 5% of FDL's total sales in 20X7 and is far behind in competing for marketing for market share of the online meal ordering and delivery industry, it is estimated that Food-To-Go's sales were only 20% of the industry leader's sales. However, the outlook for the online meal ordering and delivery services industry is bright. The compound annual growth rate of the industry since it started three years ago was 50%. It is estimated the rapid growth of the industry will continue in the foreseeable future.
Susan Willey, the head of Food-To-Go, does not agree that the Airline Catering division is the best-performing division in the company. Wiley argues that ber division bad the highest ROI in 20X7, and it deserves more capital finding. FDL's requested rate of return is 12%. The selected financial data for the Airline Catering division and Food-To-Go division in 20X7 are as follow (in $ millions)
Correct Answer:
See the explanation for the answer.
Explanation
They will get stability in their earnings and cash flows as the current sources of income is facing a declining trend and no growth and in maturity stage. The unsystem risk can also be diversified by investing in a different industry, hence lower cost of capital for the company.
Identify and describe two defenses Blue Moon could use if it does not wish to be acquired by Guda.
Essay
Food Depot Ltd, (FDL) is a privately-held company that provides catering services to airlines and operates several restaurant chains including fast food, casual dining, and fine dining restaurants, FDL has been profitable in recent years and has a very strong cash position. FDL's newest division. Food_TO-Go is an online meal ordering and delivery platform acquired by FDL two year ago.
In 20X7, sales for the entire company were $1 billion, with 50% of the business coming from the Airline Catering division. FDL is the country 's leading airline catering services provider and control 60% of the market share. However, the outlook of the airline catering industry is gloomy. The compound annual growth rate of the industry for the past five years was only 0.5% as airline networks have increasingly dropped catering on short domestic flights.
The Food-To-division only contribution 5% of FDL's total sales in 20X7 and is far behind in competing for marketing for market share of the online meal ordering and delivery industry, it is estimated that Food-To-Go's sales were only 20% of the industry leader's sales. However, the outlook for the online meal ordering and delivery services industry is bright. The compound annual growth rate of the industry since it started three years ago was 50%. It is estimated the rapid growth of the industry will continue in the foreseeable future.
Susan Willey, the head of Food-To-Go, does not agree that the Airline Catering division is the best-performing division in the company. Wiley argues that ber division bad the highest ROI in 20X7, and it deserves more capital finding. FDL's requested rate of return is 12%. The selected financial data for the Airline Catering division and Food-To-Go division in 20X7 are as follow (in $ millions)
Correct Answer:
See the explanation for the answer.
Explanation
They can simply revalue their assets and hence ask for a higher price for their company or they are structure their financing structure by either issuing debts or reducing me equity by paying a special one off dividend.
Which one of the following statements best describes an offering after an initial public offering where a benchmark stock price will already exist?
- A. Subsequent or secondary public offering.
- B. Private placement
- C. Over-the-counter offering
- D. Stock repurchase
Correct Answer: A 🗳️
According to the IMA Statement of Ethical Professional Practice, identify and explain the standard(s) that Matthew would violate if he chooses not to report the issue regarding the accounting manager.
Apex Manufacturing lnc. (AMI) is a Canada-based company that manufactures a manufactures and unique part for aircrafts. It has few competitors in the market. The company is exposed to exchange rate risk because about 90% of its products are exported to the U.S, and most of its sales contracts are in U.S. dollars. AMI has the capacity to manufacture 1,500 units of the part per year. For the year just ended. AMI manufactured and sold 1,000 units. The operating results are shown below.
Recently, A new customer made a one-area order of 500 units of the part at $1.200 per unit. The CTO asked the controller to analyze this offer. AMI is considering adjusting its sales price next year in a recent meeting, the CFO suggested to use the market-based approach for pricing decisions, bat the controller insisted that the cost-based approach is more favorable to the company.
Correct Answer:
See the explanation for the answer.
Explanation
Mathew will breach credibility principle as it requires that the information when can affect management decision 4 should be disclosed. So if the does not informs what is known to him he will be breaching me standard of credibility as it is affecting adversely on the shareholders.
A company currently offers all of its customers trade credit with terms of 1/15 net 45 of the following alternatives which would not Increase the company's average collection period from its current level?
- A. III only
- B. Ill and Iv only.
- C. I only.
- D. I and II only
Correct Answer: D 🗳️
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