In Wiley,
Click on the Test Bank Icon on the left menu:
Mode: Choose Exam or Study: There really is no difference except the study tells you if you're correct or not. You may want to build up confidence by choosing study.
Source: Choose Test Bank or Assessment,,,I choose Test Bank
Type: Multiple Choice or Essay ....your choice.
You will find if you choose exam select 100 for MCQ so it feels like an exam and it does have a timer to show that you have 4 hours to complete the test.
The good thing is it is random each time you test yourself but many questions do appear over and over.
The exam uses mostly CMA adapted questions.
As far as the Wiley prep to the exam; I found part 1 to be very hard. The IT systems study material does not prepare you for the questions very well including the Wiley questions. I read study guides and find the questions are from another universe!
Wiley seems to simple for me. It test for fundamentals but did not truly prepare me for the critical thinking and deep interpretation of the questions in the exam.
An example was process costing problems. In Wiley PC is straight forward (at least for me) but the exam had two process cost problems with "normal and abnormal spoilage issues" as part of the problem Which Wiley doesn't go deep into that.
I also had an essay on TRANSFER PRICING! That was the last thing I needed because that's my weakness. The essay was very confusing to figure out and very descriptive. It truly was a case study while Wiley test for the fundamentals.
According to Wiley, I should get a 90+ on part one and I'm waiting for my score in six weeks but I'll be happy if I pass by one point.
Don't get me wrong, Wiley is good but I also bought Surgent to supplement as Surgent is very hard.
Now, keep in mind, there are 10 questions that CMA puts in the exam that are being tested for future exams and we are not graded on them. In reality, we are graded on 90 MCQ. However, we don't know what those questions are. So don't spend too much time on any question you are overwhelmed with. Flag it, go back if you have time and guess if you have to.
You need more than an hour for essays. I suggest 1 hour and 15 minutes.
It is passable so good luck.
Peter Berardi MBA,
Chief Financial Officer - Middle Market PE owned Firms
<maskemail>peterberardi@...</maskemail>
21 Hillside Terrace
Longmeadow, MA 01106
413-333-8663 (Cell)