25.12.14
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Cost Management

Thanha Kadeeja K

This badge indicates competence and understanding of Measurement as it relates to Cost (types and behavior, actual/normal/standard, plus absorption, variable, and joint/by-product costing). Additional areas of competence include Cost Systems (job order, activity-based, etc.), Overhead (fixed/variable, corporate/departmental, etc.), Supply Chain Management (ERP, Lean Resource management, and Capacity management) and Business Process Improvement (value-add, continuous improvement, benchmarking, and best practices).

Employers can trust that this badge-holder has the knowledge and ability to successfully complete Section D of the CMA Part 1 exam. This is one of 14 badges HOCK international offers related to studying for the CMA exam.

Skills / Knowledge

  • Costing: Variable/Direct
  • Costing: Joint/By-Product
  • Costing: Absorption
  • Systems: Costing - Job Ordcer
  • Systems: Costing - Activity-Based
  • Systems: Costing - Life Cycle
  • Overhead: Fixed v Variable
  • Ocerhead: Corporate v Departmental
  • Supply Chain: Lean Resource Management
  • Supply Chain: Enterprise Resource management (ERP)
  • Supply Chain: Capacity Management
  • Business Process Improvement: Benchmarking & Best Practices
  • Business Pricess Improvement: Analysis, Redesign, Standardization

Issued on

October 11, 2024

Expires on

Does not expire

Earning Criteria

Required

knowledge

Correctly answered 90% of the knowledge review questions.

exam

Scored an 80% or higher on a comprehensive review test.