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Home » Computer Application » CMA Foundation Mock Test 2021-2022: Get Here Question Paper

CMA Foundation Mock Test 2021-2022: Get Here Question Paper

by AglaSem EduTech
May 10, 2021
in Computer Application

CMA Foundation Mock Test 2020-2021 – The Institute of Cost Accountants of India (ICMAI) conducts CMA Foundation Exam in June and December. ICMAI has releases CMA foundation mock tests online on the official website, icmai.in. It has been provided so that the students preparing for the examination. It helps candidates get familiar with the pattern, questions, sections in the examination. Candidates preparing for CMA Foundation 2021 must practice and take mock test before appearing the examination. To know more about CMA Foundation mock test 2021-2022, scroll down the article.

CMA Foundation Mock Test 2021-2022

CMA Foundation Mock test are available on the official website in the form of Sets of question paper for Foundation. Mock test plays a crucial role not only in preparation but also in increasing speed and accuracy. Through CMA Foundation mock test, candidates shall be able to learn time management and figure out the best strategy for themselves. To know how to take CMA Foundation 2020 mock test, candidates must follow the article.

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How to Download CMA Foundation 2021-2022 Mock Test 

Candidates preparing for CMA Foundation, can take the mock tests available for CMA Foundation on the official website by following the below given instructions. 

  • Visit the official website and click on the relevant link available for Mock Test. 
  • Candidates will find Mock test under learning resources. 
  • Click on ‘Foundation’ and sets of questions papers along with answer sheets shall be displayed on your screen. 
  • Candidates will ding two sets of Mock test available. 
  • Download it one by one and practice it as much as you can. 

CMA Foundation 2021-2022 Mock Test – Questions Paper and Solutions

Candidates can visit the official website or they can download the Mock test/question papers and their solutions from the below table.

Question Paper/Mock Test & Solution – SET 1

Questions Answers
Paper 1 – Fundamentals of Economics
and Management
Paper 1
Paper 2 – Fundamentals of AccountingPaper 2
Paper 3 – Fundamentals of Laws and Ethics
Paper 3
Paper 4 – Fundamentals of Business Mathematics
and Statistics
Paper 4

Question Paper & Solution – SET 2

Questions Answers
Paper 1 – Fundamentals of Economic
s and Management
Paper 1
Paper 2 – Fundamentals of AccountingPaper 2
Paper 3 – Fundamentals of Laws and EthicsPaper 3
Paper 4 – Fundamentals of Business Mathematics
and Statistics
Paper 4

ICMAI CMA Foundation 2021 Exam Pattern

Following is the exam pattern for CMA Foundation. Candidates are required to study the question paper pattern carefully.

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  • Mode of examination: The mode of examination will be announced shortly.
  • Type of examination: MCQ Mode
  • Each paper will carry 100 marks 50 Multiple Choice Questions (Each Question will carry 2 Marks). Each session will be a total of 100 Multiple Choice Questions of 200 marks.
  • Papers: CMA Foundation is broadly divided into Four Papers. The distribution of the same is provided below.

Paper 1: Fundamentals of economics and management

ContentsWeightage
Section A: Fundamentals of Economics 
Basic concepts of Economics20%
Forms of Market20%
Money and Banking10%
Section B: Fundamentals of Management 
Management Process50%

Paper 2: Fundamentals of accounting

ContentsWeightage
Section A: Fundamentals of Financial Accounting 
Accounting Fundamentals35%
Accounting for Special Transactions20%
Preparation of Final Accounts25%
Section B: Fundamentals of Cost Accounting 
Fundamentals of Cost Accounting20%

Paper 3: Fundamentals of Laws and Ethics

ContentsWeightage
Section A: Fundamentals of Commercial Laws 
Indian Contracts Act, 187240%
Sale of Goods Act, 193020%
Negotiable Instruments Act, 188110%
Section B: Fundamentals of Ethics 
Ethics and Business30%

Paper 4: Fundamentals of Business Mathematics and Statistics

ContentsWeightage
Section A: Fundamentals of Business Mathematics 
Arithmetic20%
Algebra20%
Section B: Fundamentals of Business Statistics 
Statistical representation of Data10%
Measures of Central Tendency and Dispersion30%
Correlation and Regression10%
Probability10%

About ICMAI

The Institute of Cost Accountants of India (erstwhile The Institute of Cost and Works Accountants of India) was first established in 1944 as a registered company under the Companies Act with the objective of promoting, regulating and developing the profession of Cost Accountancy. The Institute of Cost Accountants of India is the only recognized statutory professional organisation and licensing body in India specialising exclusively in Cost and Management Accountancy.

CMA Foundation Complete Information

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