Performance Management
This badge indicates competence and understanding of Cost and Variance Measurement (actual-to-planned, flexible budgeting, standard costing, and variance costing), Means to Measure Performance (product/unit/customer profitability, ROI, Residual Income, and KPI's) and Responsibility Centers and Reporting Segments related to transfer pricing and contribution margin.
Employers can trust that this badge-holder has the knowledge and ability to successfully complete Section C of the CMA Part 1 exam. This is one of 14 badges HOCK international offers related to studying for the CMA exam.
Skills / Knowledge
- Analysis: Performance via Flexible Budgeting
- Analysis: Variation via Standard Cost Expectation
- Reporting: Organizational Segments
- Performance: Analysis via Product/Unit/Customer Profitability
- Performance: ROI and Residual Income
- Performance: Key Performance Indicators (KPI)
- Responsibility Centers: Types and Reporting Metrics
Earning Criteria
Required
Correctly answered 90% of the knowledge review questions.
Scored an 80% or higher on a comprehensive review test.