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CMA (Certified Management Accountant) Practice Questions

  • 20 free practice questions, every one explained · no signup
  • Timed mock exam (20 questions, 20 minutes) — free
  • Study guide: free to read online
Practice free 20 questions · explanations · no signup
01

Test what you know · free, all of it

Four ways to practise.

The same 20 questions, dealt four ways. Pick the one that fits the time you have.

02

Learn what the questions test

Practice · free
20
questions, each explained — finds what you don't know yet
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5
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The five chapters, free online

every chapter free online
  1. 1Planning, Budgeting & Forecasting22% of the exam — the largest sectionRead free →
  2. 2Performance Management20%Read free →
  3. 3Cost Management22% — the largest sectionRead free →
  4. 4Internal Controls16%Read free →
  5. 5Financial Statement Analysis20%Read free →
03

Before you sit

Know the exam you're walking into.

04

See the questions first

Two from the bank, answered.

Real items, with the answer marked and the reason written out — the same format as all 20.

Financial Statement Analysis

The current ratio measures:

  1. AMarket value
  2. BLong-term leverage
  3. CProfitability
  4. DShort-term liquidity (current assets to current liabilities)Correct

Why: Current ratio = current assets / current liabilities, a liquidity measure.

Internal Controls

Segregation of duties is an internal control that:

  1. AIncreases fraud risk
  2. BSpeeds up all transactions
  3. CPrevents one person from controlling all parts of a transactionCorrect
  4. DEliminates the need for audits

Why: Separating authorization, recording, and custody reduces fraud and error risk.

Read all 20 questions with answers →

06

The exam itself

CMA (Certified Management Accountant) Practice Questions, by the numbers.

SectionsPlanning, Budgeting & Forecasting · Performance Management · Cost Management · Internal Controls · Financial Statement Analysis
Our bank20 questions · updated August 2026Written from IMA
LanguagesEnglish
SourceIMA
09

Questions

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Practice questions are AI-assisted study material written from IMA and reviewed by PrepPass — for practice only, not official exam questions. Bank updated August 2026. PrepPass is an independent study resource and is not affiliated with, endorsed by, or approved by IMA. Always confirm current exam details with IMA.
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