CMA Foundation MCQ’s are very useful for self assessment practice.
Subject and chapter wise for preparation of CMA Foundation exams.
Basic Concepts of Economics
Basic Concepts of Economics – Micro & Macro Economics
(a) The Fundamentals of Economics
(b) Utility, Wealth, Production
(c) Theory of Demand (meaning, determinants of demand, law of demand, elasticity of demand- price, income and cross elasticity) and Supply (meaning, determinants, law of supply and elasticity of supply)
(d) Equilibrium
(e) Theory of Production (meaning, factors, laws of production- law of variable proportion, laws of returns to scale)
(f) Cost of Production (concept of costs, short-run and long-run costs, average and marginal costs, total, fixed and variable costs)
Forms of Market
Pricing strategies in various forms of markets
Money and Banking
(a) Definition of Money, Types, Features and Functions
(b) Definition, functions, utility, principles of Banking
(c) Commercial Banks, Central Bank
(d) Measures of credit control and Money Market
Management Process
(a) Introduction, planning, organizing, staffing, leading, control, communication, co-ordination (b) Concept of Power, Authority, Delegation of Authority, Responsibility, Accountability
(c) Leadership & Motivation – Concept & Theories
(d) Decision-making – types of decisions, decision-making process.
Fundamentals Of Accounting
Fundamentals Of Accounting contain
A Fundamentals of Financial Accounting 80 Marks
B Fundamentals of Cost Accounting 20 Marks
Fundamentals of Financial Accounting
1.Accounting Fundamentals 35 marks.
2. Accounting for Special Transactions 20 marks
3. Preparation of Final Accounts 25 marks
