CMA PART 1 PART 2.. EXAM STRETEGY..1

GMSISUCCESS

CMA PART1 & PART2  EXAM STRETEGY   …1

1.                    LAST 5 UNITS : BUDGETORY CONTROL , VARIANCE ANALYSIS,  PERFORMANCE MEASUREMENT , INTERNAL CONTROL, SYSTEM CONTROL  AND   TECHNOLOGY & DATA ANALYTICS …COMPETED 100% FROM TEXTBOOK?  >> CONCEPTUALLY CLEARED OR STILL CONFUSION ?

2.                  STILL YOU ARE REFERING TEXTBOOK YES OR NO

3.                HOW MANY QUESTIONS MCQ OR OTHER FORMATS TYPE OF QUESTIONS , SOLVE ON BUDGETORY CONTROL , VARIANCE ANALYSIS & PERFORMANCE MEASUREMENT EACH TOPIC …TELL ME ???    THERE IS NO TIME MANAGEMENT REQUIRED IN THIS TOPIC …MAIN CRITERIA IS UNDERSTANDING CORE PART OF QUESTION & ATTEMPTING QUESTION & CORRECTNESS …THATS IT …OK?  ALLMOST 200+ SCALE OUT OF 500 ARE COVERED IN THIS TOPICS

4.             DO YOU SOLVE MY ALL MOCKTEST , CHALLENGING MOCKTEST???, IF ANY QUESTION WRONGLY ATTEMPTED THEN DO YOU UNDERSTOOD QUESTION , ANSWER EXPLANATION ...YES OR NO?

5.                ANY TERMS , WORDS , PARA , CONCEPTS OF ANY TOPIC SUBTOPIOCS ,,,NOT CLICKED NOT GRASPED …PLEASE ASK AT EARLIEST , GIVE ME SCREENSHOT ..I WILL HELP YOU…

6.             WHICH TOPIC IS PRESENTLY GOING ON …TELL ME ATLEAST THREE TOPICS ….

7.             DO YOU FAMILIAR WITH TYPES OF MCQ QUESTIONS ????   LIKE Q FOLLOWING ARE THE LIMITATIONS OF INTERNAL CONTROL SYSTEM EXCEPT ...WHAT IS MEANING OF QUESTION?  OR Q WHICH ONE OF THE FOLLOWING IS HIGHEST POSSIBILITY OF PREVENTION CONTROL? IT MEANS ALL 4 ARE SUPPORTING TO PREVENTION CONTROL BUT AMONG THEM EXTREM ATTACHED TO PREVENTION CONTROL ...IS YOUR ANSWER

8.                EXAM =4 HOURS >>> FIRST 3 HOURS 100 MCQ …NO NEGATIVE  MARKING , SO IT IS COMPULSORY TO SOLVE ALL 100 MCQ & IF 50+ MCQ CORRECT THEN ONLY SECOND WINDOW …ESSAY SECTION OPEN..WHICH IS FOR 1 HOUR ( 60 MINUTES )…TWO ESSAY ..EACH CARRYING 6 QUESTIONS ..BUT GOOD ASPECT… NO QUESTION IS LOGICAL , YOU CAN READ ESSAY… SIMULATNEOUSLY WRITE YOUR ANSWER AS & WHEN QUESTION FLASHED ON SCREEN , IMA EXPECT YOUR ANSWERF SHORT , TO THE POINT , LOGICAL , NOT VAGUE,MAY BE IN 2 OR THREE SENTENCE ,KEEP IT IN PARA IF IT IS DISCRIPTIVE OR IF THEY ASK TWO MERITE TWO DEMERITS , WRITE MERIT 1 …. MERIT2…. DEMERIT1.. DEMERT2….DONT WRITE IT IN VAGUE PARAGRAPH

9.              HOW TO TAKLE MCQ IS MAIN CHALLENGE FOR YOU… BCOZ NO QUESTION IS REPEATED OR FAMILIAR FROM ANY SOURCES..

MCQ LANGUAGE IS NOT STRAIGHTFORAWRD TO EASILY CLICK BY AVERAGE STUDENTS ...MAX 25 MCQ OUT OF 100 MCQ CAN EASILY SOLVABLE.

NOT A SINGLE MCQ ARE FROM GLIEM, HOCK, BECKER,WILEY PUBLICATIONS QUESTION BANK

REMEMBER ….TYPES OF QUESTIONS THAT WE DISCUSSED DURING LECTURE , REVISION LECTURE , MOCKTEST SESSION …ARE THERE IN EXAM…BUT NO SINGLE QUESTION REPLICA ARE THERE IN YOUR EXAM..DONT EXPECT THAT ..OK?

REMEMBER …IMA EXAM COMMITTEE NEVER PUBLISH ANY SINGLE EXAM QUESTION ON PUBLIC DOMAIN…IMA DO THOROUGH RESEARCH WHILE COMPILING EXAM MCQ QUESTIONS

 

DEFINE BPR , INTERNAL CONTROL ETC :IN ESSAY …THERE IS NO DEFINATION ..YOU JUST DESCRIBE THIS TERMS >>>

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Feel free 🆓 to discuss with me if you want guidence on exam stretegy..Tel 9773464206

How to foster a Growth Mindset in students

 How to Foster a Growth Mindset in Students

Learning how to foster a growth mindset in students requires time and practice. The approach requires consistent instruction that reinforces and demonstrates the idea that students can improve their ability. At the most basic level, mindset techniques involve shifting emphasis away from outcomes and toward efforts and process. Rather than praising an accomplishment, the instructor praises the efforts and learning steps that led to the positive outcome.

Looking at examples of how instruction and language can be altered to encourage a growth mindset illustrates how teachers can change the way that students perceive the learning process:

Fixed mindset statement: “It’s OK if you’re having trouble. Maybe algebra isn’t one of your strengths.”

Growth mindset statement: “When you learn how to do a new kind of problem, it develops your math brain.”

Another example stresses the importance of encouraging students to work through problems:

Fixed mindset statement: “Great effort. You tried as hard as you could.”

Growth mindset statement: “The goal isn’t to get it right immediately. The goal is to improve your understanding step by step. What can you try next?”

Teaching students to be encouraged when they experience difficulty can also reinforce growth mindset:

Fixed mindset statement: “Don’t worry, you’ll get it if you keep trying.”

Growth mindset statement: “That feeling you’re experiencing of algebra being hard is the feeling of your brain developing.”

A growth mindset approach still demands optimal performance from a student—simply rewarding efforts isn’t effective, and, in fact, it can be harmful if the student’s efforts are ultimately fruitless.

Part of growth mindset instruction is teaching students to ask for help and to use any resources that can assist them. Just as students are still responsible for learning the material, teachers are still responsible for giving them the tools they need to learn.

Feel free 🆓 to discuss, comment on this topic 

Regards from Prof Mahaley Head Gmsisuccess Goregaon West Mumbai Tel 9773464206

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The departments in A LTD 's organization structure and their primary responsibilities are: SELECT APPROPRIATE FUNCTION FOR EACH DEPARTMENT .

 TODAYS STUDENT ASSIGNMENT                                                                                            

 A LTD , Company is a manufacturing company that uses forms and documents in its accounting information systems for record keeping and internal control. 

The departments in A LTD 's organization structure and their primary responsibilities are: SELECT APPROPRIATE FUNCTION FOR EACH DEPARTMENT . 

  DEPARTMENT             FUNCTION(Primary responsibilities)

1)Accounts Payable --                  ? 

2)Accounts Receivable –               ?

3)Billing --                                        ? 

4)Cashier --                                      ? 

5)Credit Department --                    ? 

6)Cost Accounting --                        ? 

7)Finished Goods Storeroom –       ?

8)General Accounting --                   ? 

9)Internal Audit --                               ? 

10)Inventory Control –                       ?

11)Mailroom --                                     ? 

12)Payroll --                                         ? 

13)Personnel --                                    ? 

14)Purchasing --                                  ? 

15)Production --                                   ? 

16)Production Planning --                   ? 

17)Receiving --                                      ? 

18)Sales --                                              ? 

19)Shipping --                                        ? 

20)Stores Control --                              ? 

21)Timekeeping --                                             ?

SELECT SUITABLE FUNCTION FROM THIS DATA :

A) place orders for materials and supplies. 

B) manufacture finished goods. 

C)decide the types and quantities of products to be produced. 

D) receive all materials and supplies. 

E) accept orders from customers. 

F) ship goods to customers. 

G)safeguard all materials and supplies until needed for production. 

H) prepare and control time worked by hourly employees

I) authorize payments and prepare vouchers. 

J) maintain customer accounts. 

K) prepare invoices to customers for goods sold. 

L) maintain a record of cash receipts and disbursements. 

M) verify the credit rating of customers. 

N) accumulate manufacturing costs for all goods produced. 

O) maintain the physical inventory and related stock records of finished goods

P)maintain all records for the company's general ledger. 

Q) appraise and monitor internal controls, as well as conduct operational and management audits. 

R) maintain perpetual inventory records for all manufacturing materials and supplies. 

S) process incoming, outgoing, and interdepartmental mail. 

T) compute and prepare the company payroll. 

U) hire employees, as well as maintain records on job positions and employees.

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*Answers*

A LTD  Company is a manufacturing company that uses forms and documents in its accounting information systems for record keeping and internal control. The departments in A LTD 's organization structure and their primary responsibilities are:

1.Accounts Payable -- authorize payments and prepare vouchers.

2.Accounts Receivable -- maintain customer accounts.

3.Billing -- prepare invoices to customers for goods sold.

4.Cashier -- maintain a record of cash receipts and disbursements.

5.Credit Department -- verify the credit rating of customers.

6.Cost Accounting -- accumulate manufacturing costs for all goods produced.

7.Finished Goods Storeroom -- maintain the physical inventory and related stock records of finished goods.

8.General Accounting -- maintain all records for the company's general ledger.

9.Internal Audit -- appraise and monitor internal controls, as well as conduct operational and management audits.

10.Inventory Control -- maintain perpetual inventory records for all manufacturing materials and supplies.

11.Mailroom -- process incoming, outgoing, and interdepartmental mail.

12.Payroll -- compute and prepare the company payroll.

13.Personnel -- hire employees, as well as maintain records on job positions and employees.

14.Purchasing -- place orders for materials and supplies.

15.Production -- manufacture finished goods.

16.Production Planning -- decide the types and quantities of products to be produced.

17.Receiving -- receive all materials and supplies.

18.Sales -- accept orders from customers.

19.Shipping -- ship goods to customers.

20.Stores Control -- safeguard all materials and supplies until needed for production.

21Timekeeping -- prepare and control time worked by hourly employees