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Institute of Certified Management Accountants Page 1 © Copyright 2023 Institute of Certified Management Accountants Certified Management Accountant Learning Outcome Statements (Content Specification Outlines effective September 1, 2024) Part 1 – Financial Planning, Performance, and Analytics Section A. External Financial Reporting Decisions (15% - Levels A, B, and C) Part 1 – Section A.1. Financial statements For the balance sheet, income statement, statement of changes in equity, a...

Section A Answer all questions in this section. box Which of the following does not have an interest charge? [1 mark] A Bank loan B Debenture C Mortgage D Ordinary shares Which is the correct formula for trade payable days? [1 mark] Cost of Sales A Trade Payables × 365 Credit Purchases B Trade Payables × 365 C Trade Payables Cost of Sales D Trade Payables × 365 × 365 Credit Purchases 2 0 1 0 3 Do not write outside the A business has budgeted that overheads ...

Please write clearly in block capitals. Centre number Candidate number Surname Forename(s) Candidate signature I declare this is my own work. A-level ACCOUNTING Paper 1 Financial Accounting Time allowed: 3 hours Materials For this paper you must have: • a calculator. Instructions • Use black ink or black ball-point pen. • Fill in the boxes at the top of this page. • Answer all questions. • You must answer the questions in the spaces provided. Do not write outside...

AQA-71272-Accounting for analysis and decision-making Marking Scheme

A-level ACCOUNTING 7127/1 Paper 1 Financial Accounting Mark scheme Version: 1.0 Final Mark Scheme

Mock Exam #1 – CMA Part 2 NOTE: Present value tables are provided on the final pages of this exam. Question 1: Which of the following is true concerning the calculation of operating income? a) b) c) d) Operating income is calculated as sales revenue minus cost of goods sold minus selling, general, and administrative expenses, plus earned interest and dividend income. Operating income is calculated as sales revenue minus cost of goods sold minus selling, general, and administrative ex...

sample Part 2 Mock 2 answers

Mock Exam #1 – CMA Part 2 Question 1: Birch Corporation had income available to common shareholders for the year of $101,504 and a simple capital structure. At the beginning of the year, there were 24,000 shares outstanding. On March 1, 5,400 new shares were issued for cash. On July 1, 6,600 new shares were issued for cash. On December 1, the company reacquired 960 Treasury shares. Basic Earnings Per Share, rounded to the nearest cent, were a) $3.20 b) $3.45 c) $3.26 d) $2.90 Question 2:...

Part2 Mock1 Answer

Global Business Environment – INBM 103