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IMA CMA-Strategic-Financial-Management exam : CMA Part 2: Strategic Financial Management Exam

CMA-Strategic-Financial-Management Exam Questions
  • Exam Code: CMA-Strategic-Financial-Management
  • Exam Name: CMA Part 2: Strategic Financial Management Exam
  • Updated: Aug 26, 2026
  • Q & A: 125 Questions and Answers
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About IMA CMA-Strategic-Financial-Management Exam Guide

IMA CMA-Strategic-Financial-Management exam is considered to be a challenging and rigorous exam that requires extensive preparation and study. Candidates must have a strong understanding of financial management concepts and techniques, as well as the ability to apply them in real-world scenarios. CMA-Strategic-Financial-Management exam is intended for professionals who work in financial management roles, such as financial analysts, investment managers, and corporate financial managers. Earning the CMA certification can enhance a candidate's career prospects and demonstrate their expertise in financial management.

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IMA CMA-Strategic-Financial-Management exam demo

IMA CMA-Strategic-Financial-Management exam is a critical step for professionals seeking to become Certified Management Accountants (CMAs). CMA-Strategic-Financial-Management exam is the second part of the two-part CMA exam series and focuses on strategic financial management. It is designed to test candidates' knowledge of financial planning, analysis, control, and decision-making in organizations.

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IMA CMA-Strategic-Financial-Management Exam Syllabus Topics:

SectionWeightObjectives
Corporate Finance20%- Risk and return
  • 1. Raising capital and dividend policy
    • 2. Cost of capital: debt, equity, WACC
      • 3. Capital structure and optimal financing
        • 4. Working capital management
          • 5. Types of risk and return measurement
            Financial Statement Analysis20%- Basic financial statement analysis
            • 1. GAAP vs IFRS differences
              • 2. Financial ratios: liquidity, leverage, activity, profitability
                • 3. Common-size and common-base year statements
                  • 4. Earnings quality and quality of financial reporting
                    Professional Ethics15%- IMA Statement of Ethical Professional Practice
                    • 1. Ethical principles and standards
                      • 2. Resolution of ethical conflict
                        • 3. Corporate responsibility and governance
                          Enterprise Risk Management10%- Risk identification and classification
                          • 1. Types of business risk: financial, operational, legal, strategic
                            • 2. Risk assessment and mitigation strategies
                              • 3. ERM framework and governance
                                Capital Investment Decisions10%- Capital budgeting process
                                • 1. Real options and valuation
                                  • 2. Discounted cash flow techniques: NPV, IRR, payback
                                    • 3. Project risk and sensitivity analysis
                                      Business Decision Analysis25%- Cost-volume-profit analysis
                                      • 1. Risk analysis and uncertainty
                                        • 2. Decision-making under risk
                                          • 3. Pricing decisions: market-based and cost-based
                                            • 4. Marginal analysis and relevant costs

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