This book is specifically designed to meet the requirements of the Foundation Level Cost & Management Accountancy Examination. It includes comprehensive past exam questions and detailed answers aligned with the latest ICMAI syllabus.

The Present Publication is the Latest Edition for the CMA Foundation | Dec. 2024/June 2025 Exams. This book is authored by CA Tarun Agarwal, with the following noteworthy features:

• [Strictly as per the Latest ICMAI Syllabus] Ensures complete alignment with the latest requirements
• [Comprehensive Content Coverage]
  • Chapter-wise Introductions highlighting essential concepts
  • 900+ MCQ-based Past Exam Questions, including the CMA Foundation | June 2024 Exam covering both theory questions and numerical questions
  • Practice Questions at the end of each chapter for thorough preparation
• [Detailed and Well-Structured Answers] to aid in conceptual clarity and exam-oriented study
• [Point-wise Answers] Designed for quick and easy recall
• [Marks Distribution Analysis] Module-wise breakdown from December 2022 onwards
• [Comparison with ICMAI Study Material] for a better understanding of module coverage

The contents of this book are as follows:

• Arithmetic
  • Ratios, Variations and Proportions
  • Time Value of Money and Annuity – Simple and Compound Interest
  • Arithmetic Progression and Geometric Progression
  • Time and Distance
• Algebra
  • Set Theory, Venn Diagram
  • Indices and Logarithms
  • Permutations and Combinations
  • Quadratic Equation
• Calculus – Application in Business
  • Concept of Calculus and its Application in Business
  • Revenue and Cost Function
  • Optimization Techniques
• Statistical Representation of Data
  • Introduction
  • Diagrammatic Representation of Data
  • Frequency Distribution
  • Graphical Representation of Frequency Distribution – Histogram, Frequency Polygon Curve, Ogive, Pie-chart
• Measures of Central Tendency and Dispersion
  • Mean, Median, Mode, Mean Deviation
  • Range, Quartiles and Quartile Deviation
  • Standard Deviation
  • Co-efficient of Variation
  • Karl Pearson and Bowley’s Co-efficient of Skewness
• Correlation and Regression
  • Scatter Diagram
  • Karl Pearson’s Co-efficient of Correlation
  • Regression Analysis
• Probability
  • Concept and Terminologies
  • Primary Application of Probability Theorems
• Index Numbers and Time Series
  • Use of Index Numbers, Methods of Construction of Index Number
  • Components of Time Series and Calculation of Trend by Moving Average Method