A complete study solution for Part 2 of the CMA exam Consisting of Part 2 of the CMA Exam plus one-year access to an online test bank with 1,100 multiple-choice questions, Wiley CMA Learning System consists Part 2: Financial Decision Making. Key formulas and knowledge checks are provided at the end of each topic, as well as study tips and practice questions providing candidates with what they need to pass the CMA Exam. Also included is one year of access to the CMA Test Bank containing over 1,100 questions.
- Provides students with access to IMA-approved study materials
- Includes access to Part 2 of the IMA Test Bank containing over 1,100 multiple-choice questions
- Provides all the knowledge needed to pass Part 2 of the CMA Exam
- Includes sample essay questions that have appeared on previous exams, knowledge checks, study tips, and practice questions
Be fully prepared to pass the CMA Exam with the study solution found in Wiley CMA Learning System and Part 2 Online Test Bank.
Table of Contents:
Acknowledgments of Subject Matter Experts ix Candidate Study Information xi
How to Use the CMA Learning System® xv
Create a Study Plan xix
Introduction 1
Section A Financial Statement Analysis 3
Topic 1: Basic Financial Statement Analysis 27
Topic 2: Financial Performance Metrics—Financial Ratios 39
Topic 3: Profitability Analysis 61
Topic 4: Analytical Issues in Financial Accounting 85
Practice Questions: Financial Statement Analysis 105
Section B Corporate Finance 115
Topic 1: Risk and Return 145
Topic 2: Managing Financial Risk 165
Topic 3: Financial Instruments 171
Topic 4: Cost of Capital 211
Topic 5: Managing Current Assets 229
Topic 6: Raising Capital 265
Topic 7: Corporate Restructuring 285
Topic 8: International Finance 293
Practice Questions: Corporate Finance 313
Section C Decision Analysis and Risk Management 323
Topic 1: Cost/Volume/Profi t Analysis 339
Topic 2: Marginal Analysis 361
Topic 3: Pricing 377
Topic 4: Risk Assessment 407
Practice Questions: Decision Analysis and Risk Management 423
Section D Investment Decisions 435
Topic 1: Capital Budgeting Process 449
Topic 2: Discounted Cash Flow Analysis 465
Topic 3: Payback and Discounted Payback 479
Topic 4: Ranking Investment Projects 485
Topic 5: Risk Analysis in Capital Investment 493
Topic 6: Valuation 503
Practice Questions: Investment Decisions 531
Section E Professional Ethics 541
Topic 1: Ethical Considerations for the Organization 547
Practice Questions: Professional Ethics 561
Essay Exam Support Materials 563
Essay Exam Study Tips 566
Examples of Essay Question Answers 568
Practice Essay Questions and Answers 578
Answers to Section Practice Questions 659
Appendix A: Time Value of Money Tables 725
Appendix B: ICMA Learning Outcome Statements—Part 2 729
Bibliography 745
Index 749