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Exam Code: CMA-Strategic-Financial-Management
Exam Name: CMA Part 2: Strategic Financial Management Exam
Vendor: IMA

60 Questions & Answers
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NEW QUESTION: 1
Each department manager at your company is responsible for managing his or her own department's budgets.
The budget manager decides that some departments must use a different budget threshold than other departments.
You need to configure Microsoft Dynamics AX to ensure that the new policies are enforced.
What should you configure?
A. Budget planning scenario constraints
B. Budget allocation terms
C. Budget control rules
D. Budget funds available calculation
Answer: B

NEW QUESTION: 2
What are automatically replicated in SAP SuccessFactors Employee Central Payroll and the data from payroll runs is correctly posted in Accounting in SAP S/4HANA Cloud?
A. Implementers
B. Administrators
C. End-users
D. Cost Center Changes
Answer: D

NEW QUESTION: 3
Your client submitted the Annual Close application to close their fiscal year.
When you dose a fiscal year, which AAI Items does the system use?
A. 6LG4 retained earnings and GLGxx all GL accounts
B. GLG4 retained earnings, GLG12 ending profit and loss, and the ICCC Inter-company account
C. GLG4 retained earnings and FSxx interim subtotals
D. GLG4 retained earnings, GLG12 ending profit and loss, and GLG7 year-end close account
E. GLG4 retained earnings, GLG6 beginning revenue account and GLG12 ending profit and loss
Answer: E

NEW QUESTION: 4
Time constraints and expanded needs have been found by an IS auditor to be the root causes for recent violations of corporate data definition standards in a new business intelligence project.
Which of the following is the MOST appropriate suggestion for an auditor to make?
A. Enforce standard compliance by adopting punitive measures against violators
B. Achieve standards alignment through an increase of resources devoted to the project
C. Delay the project until compliance with standards can be achieved
D. Align the data definition standards after completion of the project
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Provided that data architecture, technical, and operational requirements are sufficiently documented, the alignment to standards could be treated as a specific work package assigned to new project resources.
The usage of nonstandard data definitions would lower the efficiency of the new development, and increase the risk of errors in critical business decisions. To change data definition standards after project conclusion (choice B) is risky and is not a viable solution. On the other hand, punishing the violators (choice D) or delaying the project (choice C) would be an inappropriate suggestion because of the likely damage to the entire project profitability.


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