Certified Management Accountants must understand budgeting. Access the Institute of ManagementAccountants website (imanet.org), click on the “CMA Certification” tab, and select “Taking the Exam.” Scroll down and select “Review the Most Recent Content Specifications Outline.”

Required

1. List the budgeting methodologies that are covered on the CMA exam.

2. List the types of budgets (“annual profit plans”) covered on the CMA exam.