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 CMAexcel Learning System consists of key formulas and knowledge checks 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.
- Covers all 2015 exam changes
- 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 CMAexcel 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 Wiley CMAexcel Learning System xv
Create a Study Plan xix
Introduction 1
Section A
Financial Statement Analysis 3
Topic 1: Basic Financial Statement Analysis 19
Topic 2: Financial Ratios 27
Topic 3: Profitability Analysis 49
Topic 4: Special Issues 73
Practice Questions: Financial Statement Analysis 93
Section B
Corporate Finance 103
Topic 1: Risk and Return 129
Topic 2: Long-Term Financial Management 149
Topic 3: Raising Capital 205
Topic 4: Working Capital Management 223
Topic 5: Corporate Restructuring 257
Topic 6: International Finance 267
Practice Questions: Corporate Finance 287
Section C
Decision Analysis 293
Topic 1: Cost/Volume/Profit Analysis 305
Topic 2: Marginal Analysis 327
Topic 3: Pricing 343
Practice Questions: Decision Analysis 372
Section D
Risk Management 383
Topic 1: Enterprise Risk 389
Practice Questions: Risk Management 404
Section E
Investment Decisions 407
Topic 1: Capital Budgeting Process 415
Topic 2: Discounted Cash Flow Analysis 431
Topic 3: Payback and Discounted Payback 445
Topic 4: Risk Analysis in Capital Investment 451
Practice Questions: Investment Decisions 461
Section F
Professional Ethics 469
Topic 1: Ethical Considerations for Management Accounting and
Financial Management Professionals 479
Topic 2: Ethical Considerations for the Organization 493
Practice Questions: Professional Ethics 507
Essay Exam Support Materials 509
Essay Exam Study Tips 512
Examples of Essay Question Answers 514
Practice Essay Questions and Answers 524
Answers to Section Practice Questions 629
Appendix A: Time Value of Money Tables 685
Appendix B: ICMA Learning Outcome Statements—Part 2 689
Bibliography and References 703
Index 707