Tuesday, February 11, 2025

Sure Success in CIA and US CMA Exam..if you follow this..you pass in first attempt with 85%+scale

 Sure Success in CIA and US CMA Exam..if you follow this..you pass in first attempt with 85%+scale

For sure success in US CMA exam.. following prerequisites required..

*Consistent efforts 

*Every Day Question ⁉️ solving 

*All topic subtopic concept updated 

*Fast reading of question to know core part 

*Familiar with MCQ types 

*Familiar with question types 

*Familiar with key terms, phrases, which corresponds to specific topic subtopic, sometimes without referring options students click probable answer in mind with in few seconds 

*Higher Risk ability to aggressive approach 

*Planned study..know in advance..which topic subtopic... question type .with right tagwords, with grade, scale , difficult level etc 

*Concentration for and Degree of integrity with subject, Professional course must be High 

*Business Acumen skills updated 

*Logical skill and critical analysis techniques

*Application of topic subtopic concept updated 

*Time Management 

*Stress Management 

*Memorization of key terms,few formulas, logical sequence,steps for the major practical topic example In case of variance analysis.. computation of variable,fixed mfg overhead variance etc 

*Last but not least...you develop your own confidence, competitive approach,Risk ability and balance mind

Further.. you can discuss with me..text or call 🤙 9773464206... Sure i will guide you 

Regards 

Prof Mahaley Head Gmsisuccess Mumbai 

Tuesday, February 4, 2025

Tips for students who are struggling with MCQ section in CIA & CMA exam

 Very important tips for Students who are struggling with MCQ section in CIA & CMA exam

*Common mistakes students make while attempting objective type questions:*


1. Lack of time management:⏳ Not allocating sufficient time for each question.


2. Insufficient reading❌: Failing to read questions and options carefully.


3. Misinterpreting questions:⁉️ Misunderstanding the question's intent.


4. Ignoring keywords: 📍Overlooking crucial words or phrases.


5. Guessing randomly: ⁉️Making uninformed guesses.


6. Not eliminating options: Failing to remove obviously incorrect choices.❌


7. Overthinking: 😌Spending too much time on a single question.


8. Careless marking: 😕Incorrectly marking answers.


9. Not reviewing: 🫵Failing to review answers before submission.


10. Panic and stress:🥸 Allowing anxiety to impact performance.


11. Lack of practice: 👎🏾Insufficient exposure to objective-type questions.


12. Poor understanding of concepts: 🏷️Weak grasp of subject matter.


13. Confusing similar options:⁉️ Mixing up similar-looking choices.


14. Not using the process of elimination: 🗑️Failing to remove incorrect options.


15. Changing answers: 👎🏾Unnecessarily altering correct answers.

To avoid these mistakes, students should:✅


- Practice time management⏳

- Read questions carefully🔎

- Understand the question's intent🔖

- Focus on keywords🔐

- Eliminate obvious incorrect options⁉️

- Stay calm and composed☺️

- Review answers before submission💯

- Practice regularly✍️

- Strengthen subject knowledge📈


By being aware of these common mistakes, students can develop strategies to improve 📈their performance in objective-type questions.

*Students..feel free 🆓 to discuss with me if you want to clarify 👉some doubts.. ✍️Text on 9773464206..*⭕


Regards from Prof Mahaley Head Gmsisuccess Mumbai 🎓

Monday, January 20, 2025

Why Essay section Window not 🚫 open?

 Why you are slow or your essay window not opening..Few Reasons..

1.Your reading habit is slow and MCQ Questions ⁉️ interpretation skill is missing 

2. Not familiar with Basic Concept of important topic subtopic, relevant key terms from syllabus, Business acumen and its application skill missing..

3. Concentration level at High peak.. required during MCQ section,as every MCQ are from different topic, sometimes theoretical or practical..

Don't worry..most of the students facing same issues..if you follow few tips, instructions in systematic & discipline manner..you can regain confidence..even you can expect 410+/500.

As a tutor..I saw so many miracles..in my students during exam session.

Many things..o want to share... guide you..I need your response.. your queries.. your opinion..I want to help all students..

Best wishes 🍀 

Regards from Prof Mahaley Head Gmsisuccess Mumbai 

Tel 9773464206

Friday, January 17, 2025

Before attempting CIA or US CMA Part 1 Part 2 Exam..you must read this..

 🌿Before you go for main exam..⏳either CIA or CMA ♻️check👉 yourself ,focus on major topics 🎯 you must be familiar with terms..key words.. check confidence level 💯, your Risk tolerance level 💯 your study performance level 📈 but no excuse for any single topic to skipp at any cost ⁉️


Why and for what you are afraid?

Check yourself 👍

📍1 All important topic concept are grasped?

📍2 you practice enough questions on each topics

📍3 You know key words,which save your time effort...this technique helps students to reach 50%right options in unbelievable time

4 Types of questions.. theoretical and practical,one line and paragraph,simple understandable and logical etc example on cashflow statement & cash budget examiner always ask practical, numerical illustration type question ⁉️ whereas internal control, stretegical management, Technology Data analytics question are always theoretical..but variance analysis, performance measurement etc this topic question ⁉️ are both theoretical and practical..

5 Understand concept of the topic subtopic but also analysis few important topic subtopic question how they asked and their types example in case of budgetory control, variance analysis..you must know steps to reach answer or logical conclusion..


6

7

8

9

10

🔖Best wishes  🫵

🧮Feel free 🆓 to discuss with me if you have any questions🔐it's free 🆓 Guidence 🏷️

Text on 9773464206✍️

How to interpret MCQ Questions ⁉️ from US CMA & CIA exam?

 Dear student,

Most of the students experience unfavorable situation while solving MCQ Questions ⁉️ both Part 1 and Part 2.This happened due to many reasons.
Yes, MCQ Questions what they solved before exam from various well known publication and actual MCQ Questions ⁉️ asked in exam are not same in their presentation.No doubt 🧐 MCQ question ⁉️ solved before exam from various sources are only helpful for understanding concept..that is Exam Stretegy step 1..but Smart 🤓 student know step 2 and 3.. then how that MCQ Questions can be solve or crack..what is the hidden things students don't know or most of the tutors don't know or not discussed.. average students attempt exam..but most of them..couldn't open essay window..or few reach score upto 280+-
I will guide you..step by step.. technique are not difficult..
First you respond me here ✍️ that do you experienced this.. ask your friends.. Sure i will guide you..how to overcome this limitations how to interpret MCQ Questions ⁉️ how to crack down this exam how to score 410+
Regards from Prof Mahaley Head Gmsisuccess Goregaon West Mumbai Tel 9773464206

Thursday, January 16, 2025

Crash Batch for US CMA Part 1 May June 25 Exam..Call now 9773464206

 Crash Batch for US CMA Part 1 for May June 2025 exam, evening lecture at 7pm to 9pm starting from this February 4th..just 2 months..Call now 9773464206 & book your seat..You can expect 410+/500.. 

Salient Feature.. 1.Interpretation of MCQ Questions ⁉️ 

2.Key terms gimmick 

3.Any difficult question ❓ how to reach 50% probable answer 

4.Stretegy to complete 100MCQ,in less than 3hours.

CIA GMSI Training Centre on Google... Write here ✍️ your name location Tel no. And get Auto enrolment ..


Saturday, January 11, 2025

Question ⁉️ on Internal Audit Standards, ethics etc

 CIA Part 1...

Q1 . According to the IIA Standards, which of the following is not included in the scope of the internal audit function?


a. Appraising the effectiveness and efficiency of operations and programs.


b. Reviewing the strategic  management process,


assessing the quality of management decision


making both quantitatively and qualitatively and


reporting the results to the audit committee.


c. Reviewing the means of safeguarding assets.


d. Complying with the laws, regulations, policies, procedures,


and contracts.


 


Q2. An internal auditor is auditing the financial operations


of an organization. Which of the following is not


specified by the IIA Standards for inclusion in the scope


of the audit?


a. Reviewing the reliability and integrity of financial and


operational information.


b. Reviewing the compliance with laws, regulations,


policies, procedures, and contracts.


c. Appraising the effectiveness and efficiency of operations


and programs.


d. Reviewing the financial decision-making process.


 


Q3. The audit committee of an organization has charged the


chief audit executive (CAE) with bringing the department


into full compliance with the IIA Standards. The


CAE’s first task is to develop a charter. Identify the item


that should be included in the statement of objectives:


a. Report all audit findings to the audit committee every


quarter.


b. Notify governmental regulatory agencies of unethical


business practices by organization management.


c. Determine the adequacy and effectiveness of the


organization’s systems of internal controls.


d. Submit departmental budget variance reports to


management every month.


 


Q4. In which of the following situations does the auditor


potentially lack objectivity?


a. An auditor reviews the procedures for a new electronic


data interchange connection to a major customer


before it is implemented.


b. A former purchasing assistant performs a review


of internal controls over purchasing four months


after being transferred to the internal auditing


department.


c. An auditor recommends standards of control and


performance measures for a contract with a service


organization for the processing of payroll and


employee benefits.


d. A payroll accounting employee assists an auditor in


verifying the physical inventory of small motors.


 


Q5. Which of the following actions would be a violation


Of auditor independence?


a. Continuing on an audit assignment at a division


for which the auditor will soon be responsible as


the result of a promotion.


b. Reducing the scope of an audit due to budget


restrictions.


c. Participating on a task force which recommends


standards for control of a new distribution system.


d. Reviewing a purchasing agent’s contract drafts prior


to their execution.


 


Q6. The IIA’s Code of Ethics includes which of the following


two essential components?


a. Definition of internal auditing and administrative


directives.


b. Principles and Rules of Conduct.


c. Integrity and objectivity.


d. Confidentiality and competency.


 


Q7. A Certified Internal Auditor (CIA) is working in a non–


internal audit position as the director of purchasing. The


CIA signs a contract to procure a large order from the


supplier with the best price, quality, and performance.


Shortly after signing the contract, the supplier presents


the CIA with a gift of significant monetary value. Which


of the following statements regarding the acceptance


of the gift is correct?


a. Acceptance of the gift would be prohibited only if it


were noncustomary.


b. Acceptance of the gift would violate the IIA Code


of Ethics and would be prohibited for a CIA.


c. Since the CIA is no longer acting as an internal auditor,


acceptance of the gift would be governed only


by the organization’s code of conduct.


d. Since the contract was signed before the gift was


offered, acceptance of the gift would not violate


either the IIA Code of Ethics or the organization’s


code of conduct.


 


Q8. An auditor, nearly finished with an audit, discovers that


the director of marketing has a gambling habit. The


gambling issue is not directly related to the existing


audit, and there is pressure to complete the current


audit. The auditor notes the problem and passes the


information on to the chief audit executive but does


no further follow-up. The auditor’s actions would:


a. Be in violation of the IIA Code of Ethics for withholding


meaningful information.


b. Be in violation of the Standards because the auditor


did not properly follow-up on a red flag that might


indicate the existence of fraud.


c. Not be in violation of either the IIA Code of Ethics


or the Standards.


d. Both a and b.


Q9. As used by the internal auditing profession, the IIA


Standards refer to all of the following except:


a. Criteria by which the operations of an internal audit


department are evaluated and measured.


b. Criteria which dictate the minimum level of ethical


actions to be taken by internal auditors.


c. Statements intended to represent the practice of


internal auditing, as it should be.


d. Criteria that is applicable to all types of internal audit


departments.


 


Q10. Which of the following situations would be a violation


of the IIA Code of Ethics?


a. An auditor was subpoenaed in a court case in which


a merger partner claimed to have been defrauded


by the auditor’s company. The auditor divulged confidential


audit information to the court.


b. An auditor for a manufacturer of office products


recently completed an audit of the corporate


marketing function. Based on this experience, the


auditor spent several hours one Saturday working


as a paid consultant to a hospital in the local area,


which intended to conduct an audit of its marketing


function.


c. An auditor gave a speech at a local IIA chapter meeting


outlining the contents of a program the auditor


had developed for auditing electronic data interchange


connections. Several auditors from major


competitors were in the audience.


d. During an audit, an auditor learned that the


company was about to introduce a new product


that would revolutionize the industry. Because


of the probable success of the new product, the


product manager suggested that the auditor buy


additional stock in the company, which the auditor


did.


 


Q11. In applying the standards of conduct set forth in the


Code of Ethics, internal auditors are expected to:


a. Exercise their individual judgment.


b. Compare them to standards in other professions.


c. Be guided by the desires of the auditee.


d. Use discretion in deciding whether to use them or


not.


 


Q12. Reinforcing the Code of Conduct and ethical behavior


standards for all internal auditors can protect which of


the following?


a. Business risk.


b. Audit failures.


c. Audit false assurance.


d. Audit reputation risk.


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