200+ Free CMA Part 1 Practice Questions
Pass your Certified Management Accountant - Part 1: Financial Planning, Performance, and Analytics exam on the first try with exam-style questions and AI tutor.
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Key Facts: CMA Part 1 Exam
~45%
First-Time Pass Rate
IMA
360/500
Passing Score
Scaled score
150-200 hrs
Study Time
Recommended
100K+
CMA Holders
Worldwide, IMA
$460-575
Exam Fee
IMA member/non-member
4 hrs
Time Limit
MCQs + Essays
CMA Part 1 has a first-time pass rate of approximately 45% (IMA data). The exam has 100 multiple-choice questions (MCQs) and 2 essay scenarios, with a 4-hour time limit. A scaled score of 360 out of 500 is needed to pass. Part 1 covers financial reporting (25%), planning/budgeting/forecasting (20%), cost management (20%), internal controls (15%), and technology/analytics (15%). The CMA credential is offered by the Institute of Management Accountants (IMA) and has over 100,000 holders worldwide.
About the CMA Part 1 Exam
CMA Part 1 covers Financial Planning, Performance, and Analytics. It tests management accounting skills including financial reporting, planning & budgeting, cost management, and internal controls. The CMA is globally recognized with over 100,000 certified professionals.
Questions
100 scored questions
Time Limit
4 hours
Passing Score
360/500
Exam Fee
$460-575 (IMA (Prometric))
CMA Part 1 Exam Content Outline
External Financial Reporting Decisions
Financial statements, recognition, measurement, valuation, disclosure
Planning, Budgeting & Forecasting
Strategic planning, budgets, forecasting techniques, variance analysis
Performance Management
Cost measurement, cost management, performance measures, benchmarking
Cost Management
Cost accounting systems, overhead allocation, operational efficiency, supply chain
Internal Controls
Governance, risk management, internal audit, systems controls
Technology & Analytics
IT systems, data governance, data analytics, visualization
How to Pass the CMA Part 1 Exam
What You Need to Know
- Passing score: 360/500
- Exam length: 100 questions
- Time limit: 4 hours
- Exam fee: $460-575
Keys to Passing
- Complete 500+ practice questions
- Score 80%+ consistently before scheduling
- Focus on highest-weighted sections
- Use our AI tutor for tough concepts
CMA Part 1 Study Tips from Top Performers
Frequently Asked Questions
What is the CMA Part 1 pass rate?
CMA Part 1 has a first-time pass rate of approximately 45%. The exam has 100 MCQs and 2 essay scenarios over 4 hours. You need a scaled score of 360 out of 500 to pass. The relatively low pass rate reflects the depth of management accounting knowledge required.
How hard is CMA Part 1?
CMA Part 1 is considered quite challenging with its 45% pass rate. Financial reporting and cost management require deep understanding of GAAP, variance analysis, and cost accounting systems. The essay portion tests your ability to apply concepts in real-world scenarios. Plan for 150-200 hours of study.
What is on CMA Part 1?
CMA Part 1 covers: External Financial Reporting (25%), Planning/Budgeting/Forecasting (20%), Performance Management (20%), Cost Management (15%), Internal Controls (15%), and Technology & Analytics (5%). The exam has 100 MCQs (3 hours) and 2 essay scenarios (1 hour).
How long should I study for CMA Part 1?
Plan for 150-200 hours of study over 3-6 months. Focus on financial reporting (25% of exam) and planning/budgeting (20%) first, as they're the largest sections. Practice MCQs extensively and write practice essays. Aim for 75%+ on practice exams before scheduling.
CMA vs CPA ā which is better?
CMA focuses on management accounting (internal decision-making, planning, performance) while CPA focuses on financial accounting (auditing, tax, external reporting). CMAs typically work in corporate finance, FP&A, and strategic roles. The CMA has 2 parts vs. CPA's 4 parts, and generally requires less total study time.