Cma 2011 Case Exam Solution

CASE EXAMINATION

Ferndale Public Library

(FPL)

MAY 2011

© 2011 The Society of Management Accountants of Canada. All rights reserved.

®/™ Registered Trade-Marks/Trade-Marks are owned by The Society of Management Accountants of Canada.

No part of this document may be reproduced in any form without the permission of the copyright holder. May 2011 Case Examination

TABLE OF CONTENTS

May 2011 Case Examination

Page

Case Question:

Backgrounder ................................................................................... 1

Additional Information ..................................................................... 17

General Comments on Performance ....................................................... 26

Steps for Approaching Business Strategy ................................................ 35

Marker Assessment Guide ....................................................................... 39

Solution Notes for Markers ....................................................................... 49

Sample Response – Successful Attempt #1 ............................................ 60

Sample Response – Successful Attempt #2 ............................................ 90

Sample Response – Unsuccessful Attempt ........................................... 112 May 2011 Case Examination

CMA Canada Page 1

May 2011

Case Examination

Backgrounder

The background information relating to the Case Examination (Backgrounder) is

provided to candidates in advance of the examination date. The Backgrounder contains

information about both the fictitious company and the industry involved in the case.

Candidates are expected to familiarize themselves with this information in preparation

for the analysis that will be required during the Case Examination.

Candidates should note that they will not be allowed to bring any written material,

including the advance copy of this Backgrounder, into the examination centre. A

new copy of this...