2005 Entrance Examination – Part 1

The Societies of Management Accountants of Alberta, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Ontario, Prince Edward Island, Saskatchewan, and the Yukon, Certified Management Accountants Society of British Columbia, Ordre des comptables en management accrédités du Québec

2005 Entrance Examination Part 1
Notes: i) ii) All answers must be indicated on the scannable multiple-choice answer sheet. Work done on the question paper and examination foolscap will NOT be marked. Included in the examination envelope is a supplement consisting of formulae and tables. It is a standard supplement that may be useful for answering questions on this paper. Examination materials must NOT BE REMOVED from the examination writing centre. All examination materials (i.e. answer sheet, used and unused foolscap sheets, envelope, supplement and question paper) must be submitted to the presiding officer before you leave the examination room.

iii)

Disclaimer: In order to provide associates with questions that reflect the depth of knowledge required for the core topics of Financial Accounting, Managerial Accounting, Taxation and Corporate Finance, this exam has been altered to remove the extended topics which will no longer be tested on the Entrance Exam. As a result this exam is short and is not representative of what could be expected in terms of number of questions that will be included in the June 2007 exam (approximately 100-120 questions).

CMA Canada

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2005 Entrance Examination – Part 1

INSTRUCTIONS:
Use the multiple-choice answer sheet provided to record your answers to the questions. Be sure to enter your four-digit PART 1 envelope number on the multiple-choice answer sheet. Select the BEST answer for each of the following 145 questions and record your answer on the multiple-choice answer