Cma Mock Exam Solution

ssFall 2011 Mock Entrance Examination 2 Solutions

© 2011 Certified Management Accountants of Ontario. All rights reserved. ®/™ Registered Trade-Marks/Trade-Marks are owned by the Certified Management Accountants of Ontario. No part of this document may be reproduced in any form without the permission of the copyright holder.

Fall 2011 – Mock Entrance Examination 2

TABLE OF CONTENTS

Examination: Instructions ....................................................................................... 1 Strategic Management...................................................................... 3 Risk Management and Governance .................................................. 6 Performance Management .............................................................. 10 Performance Measurement ............................................................. 31 Financial Management .................................................................... 37 Financial Reporting .......................................................................... 48 Cross Competencies ....................................................................... 66

© 2011 Certified Management Accountants of Ontario. All rights reserved. ®/™ Registered Trade-Marks/Trade-Marks are owned by the Certified Management Accountants of Ontario. No part of this document may be reproduced in any form without the permission of the copyright holder.

Fall 2011 – Mock Entrance Examination 2

Answer Key

Question Answer Question Answer Question Answer Question Answer

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30

b b d c a d c b c d d c a b d a d b b d c a a b a c d b b d

31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60

a a a a d a a c d c c b d d b c a b d d a b d c c b b a d b

61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90

c d b c b c c a b d b c a c d b c d d d a d...