CGMA Exam

Question 1

Recommend

Answer 1

Propose a course of action

Question 2

Advise

Answer 2

Council, inform or notify

Question 3

Discuss

Answer 3

Examine in detail by argument

Question 4

Examine

Answer 4

Inspect thoroughly

Question 5

Analyse

Answer 5

Examine in detail the structure of

Question 6

Review

Answer 6

Asses and evaluate in order, to change if necessary

Question 7

Communicate

Answer 7

Share or exchange information

Question 8

Evaluate

Answer 8

Appraise or asses

Question 9

Answer plannings steps ?

Answer 9

Allocate time splits

Read question / look out for AND

What is being examined ? Can I build out the start of answer ?

Read and re read trigger and ALL reference material pull out information to accompany answer structure

Review verbs

4/5 key words as headings for each paragraph

Use question (ie marking traits) to build out main headings

Use reference material to build sub headings and or technical content & pre seen

Build out with what, so what, now what?
Or what, how, why to add depth … really drill into the scenario
Justify everything

Re read answer as I go to save time, get it right first time round

Question 10

What are the 5 core activities?

Answer 10

Core Activity A - Evaluate opportunities to add value

Core Activity B - Implement senior management decisions

Core Activity C - Manage performance and costs to aid value creation

Core Activity D - Measure performance

Core Activity E - Manage Internal and external stakeholders

Question 11

Core Activity A -

Answer 11

Evaluate opportunities to add value
- Investment Appraisal techniques
- Big Data
- Pricing strategies
- Identify business models to create value, Inc digital eco system
- Impact of business models in the context of the digital eco system

Question 12

Core Activity B -

Answer 12

Implement senior management decisions
- Project management tools
- Projects management personnel
- Tools for managing risk & uncertainty in capital projects
- Characteristics of finance sources (D/E)
- Teams

Question 13

Core Activity C -

Answer 13

Manage performance and costs to aid value creation
- Responsibility centres
- Employee engagement, team and Individual performance
- leadership styles
- Cost transformation
- TQM
- Value management techniques
- Techniques to quantify risks

Question 14

Core Activity D -

Answer 14

Measure performance
- Tools and techniques for managing risk (Performance related)
- Tools and techniques for managing risk (Business models)
- Interpret Financial performance using financial statements
- Improve performance
- Accounting treatments

Question 15

Core activity E -

Answer 15

Manage internal and external stakeholders
- Additions to the group
- Transfer pricing
- Integrated reporting
- Communication
- Negotiation
- Conflict management

Question 16

Answer steps

Answer 16

• Use questions as main headings (Verb)
• Use unseen and technical knowledge as sub headings.
• Whats your point? How would you do this ? Why would you do this?
  Dig into scenario by explaining examples Pros/cons

Have I answered the question?

Question 17

Identify

Answer 17

Recognise, establish or select after careful consideration

Question 18

Explain

Answer 18

Make clear or intelligible (well understood) / State the meaning or purpose of

Question 19

How can I add depth

Answer 19

Invert, what not to do biggest risk etc

Question 20

How can I add depth

Answer 20

Invert, what not to do biggest risk etc

Question 21

Key items to remember for question planning ?

Answer 21

Format
Format, objective, recipient, my role, action/verb, time allocation

Pearl
Point, explained in depth, argument built, related application, link back