CMA Foundation Paper 4 (FBEM) study plan

Build a one-page concept map linking scarcity, opportunity cost, demand, supply and equilibrium, then annotate each link with a real market example

Solve 25 demand/supply shift scenarios and classify each as a movement along the curve versus a shift of the curve

Compute price elasticity of demand and income elasticity for 10 given data sets and state whether demand is elastic, inelastic or unitary in each case

Explain in writing why elasticity determines incidence of a tax and who bears the larger burden

Distinguish the four market structures and derive price and output behaviour under perfect competition versus monopoly

Summarise national income concepts (GDP, GNP, NNP, personal income, disposable income) and calculate each from one shared data set

Define the functions of management and map each to two concrete workplace actions you have observed

Compare Maslow, Herzberg and McGregor and state which theory best explains a motivation problem you have seen

Draw and label organisation structures (line, line-and-staff, functional, matrix) and list two advantages and two disadvantages of each

Apply the span of control and delegation concepts to redesign a 20-person department into a defensible structure

Sequence the control process and identify the corrective action point in three short scenarios

Explain the difference between centralisation and decentralisation and recommend one for a stated business situation

Apply the accounting equation to 20 transactions and prove the balance sheet stays in balance after each

Prepare journal entries, post to ledger accounts and extract a trial balance from a single 15-transaction set

Pass adjusting entries for accruals, prepayments, depreciation and bad debts, then close the books

Distinguish capital expenditure from revenue expenditure across 12 borderline items

Prepare a statement of profit or loss and a balance sheet from an adjusted trial balance within a timed 45-minute sitting

Compute depreciation under straight-line and reducing-balance methods and reconcile the difference in reported profit

Reconcile a bank statement and explain each reconciling item's effect on the cash book

Identify the accounting concepts (going concern, accrual, consistency, prudence, materiality) operating in 15 short scenarios

Classify 20 costs as direct, indirect, fixed, variable, semi-variable or sunk with a stated reason for each

Compute the high-low method and separate fixed and variable components from six mixed-cost data sets

Prepare a cost sheet for a manufacturing unit covering prime cost, works cost, cost of production and cost of sales

Calculate break-even point, margin of safety and required sales for a target profit across five scenarios

Compute simple and compound interest, present value and annuity values for eight given cash-flow problems

Calculate ratios, percentages, averages and weighted averages and use them to interpret a small business data set

Compute mean, median, mode, range and standard deviation for three data sets and state which measure best fits each

Construct and interpret a simple index number and explain the difference between correlation and causation

Draft a formal business email, a short report and a memo to a stated audience and purpose, then apply a self-check for tone, structure and clarity

Explain the components of a computer system, common application software and the role of a management information system in decision-making

Complete two full-length timed mock papers under exam conditions and mark them against the syllabus weightings

Revisit every logged error from weeks 1 to 7 and re-solve the underlying problem type until correct twice