May 14, 2018 at 4:53 am #1796138
Does anyone know how close do the actual CMA exam questions are as compared to Wiley CMA test bank ?May 14, 2018 at 11:52 am #1796549AnonymousInactive
I passed both CMA tests first try with Gleim CMA. The gleim bank is harder than the test. I just took far and I think CMA part 1 was more difficult. There's a lot more math and you need to have a lot more formulas internalized. I'd recommend gleim cma test bank if you can get it. Felt very prepared.May 17, 2018 at 10:55 am #1800343May 17, 2018 at 11:33 am #1800397SKParticipantMay 17, 2018 at 1:40 pm #1800583AnonymousInactive
I probably put in about 125 hours for CMA part 1 and like 75 for CMA Part 2. I also got a couple of questions straight from the Gleim cma test bank on my part 1.May 19, 2018 at 6:06 pm #1802974McGeeAndMeParticipant
Gleim recycles some CPA questions in their CMA prep. Which is why you get questions that take 5 minutes to calculate dealing with FIFO and LIFO and other topics that are simply absent on the CMA exam. So Gleim is harder than the actual cma exam… in part because it's sometimes prepping you for a more difficult exam.
My only real complaint with Wiley cma (so far) is the full length exam prep. I'd like there to be more, because it feels like you can burn through them too quickly. I may end up buying Power Resource's full length tests to supplement. It's $100 for full length practice exams for both sections, so may be worth it. I don't want their book or MCQ test bank tbh.May 31, 2018 at 4:02 pm #1815604
I wrote my part 1 exam today – it was so heavy on calculations… partly left one of my essay questions… did anyone else face a time crunch ? Fingers crossed, hoping for a miracle 🙂June 24, 2018 at 6:02 am #1843346
Guys – need help with this exam problem – Answer to this question option A, but I am not able to understand the rationale behind the answer
Lark Industries accepted a contract to provide 30,000 units of Product A and 20,000 units of Product B. Lark’s staff developed the following information with regard to meeting this contract :
Product A Product B
SP $75 $125
VC $30 $48
Machine hours 3 5
Total hours available – 160,000
Cost if outsourced $45 $60
Lark’s operations manager has identified the following alternatives. Which alternative should be recommended to Lark’s management?
1. Make 30,000 units of Product A, utilize the remaining capacity to make Product B, and outsource the remainder.
2. Make 25,000 units of Product A, utilize the remaining capacity to make Product B, and outsource the remainder.
3. Make 20,000 units of Product A, utilize the remaining capacity to make Product B, and outsource the remainder
4. Rent additional capacity of 30,000 machine hours which will increase fixed costs by $150,000.
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