Skip to content

CMA Foundation Mock Test with AI Answer Checking

Practise the exact ICMAI pattern: 4 papers, no negative marking. Then see your projected scores, paper by paper.

Start free CMA Foundation mockChapter-wise study guide

Free · No card · Results the moment you submit

CMA Foundation exam pattern

CMA Foundation has 4 papers of 100 marks each (400 total). Fundamentals of Business Laws and Business Communication, Fundamentals of Financial and Cost Accounting, Fundamentals of Business Mathematics and Statistics and Fundamentals of Business Economics and Management are objective (MCQ). There is no negative marking. At least 40% in each paper and 50% in aggregate of total marks. Exemption and carry forward of marks are not available at Foundation. The exam is held in June and December.

PaperMarksDurationTypeNegative marking
Paper 1: Fundamentals of Business Laws and Business Communication1001 hourObjective (MCQ)None: 50 MCQs of 2 marks each
Paper 2: Fundamentals of Financial and Cost Accounting1001 hourObjective (MCQ)None: 50 MCQs of 2 marks each
Paper 3: Fundamentals of Business Mathematics and Statistics1001 hourObjective (MCQ)None: 50 MCQs of 2 marks each
Paper 4: Fundamentals of Business Economics and Management1001 hourObjective (MCQ)None: 50 MCQs of 2 marks each

CMA Foundation syllabus, chapter by chapter

Every chapter below has its own practice set. Your diagnostic mock tells you which ones to open first.

Paper 1: Fundamentals of Business Laws and Business Communication

Paper 2: Fundamentals of Financial and Cost Accounting

Paper 3: Fundamentals of Business Mathematics and Statistics

Paper 4: Fundamentals of Business Economics and Management

Section A: Economics (70) · Section B: Management (30)

How FinsRise helps you clear CMA Foundation

Objective papers: speed and accuracy

Timed mocks with real negative marking, so you learn when to skip, not just what to answer.

Subjective papers: answers checked

Write by hand, upload a photo, and get marks plus the exact points an examiner would look for.

Revision that targets you

Your wrong answers return as revision cards on a schedule, until you stop getting them wrong.

CMA Foundation: frequently asked questions

How many papers are there in CMA Foundation?

Four papers of 100 marks each: Paper 1 Fundamentals of Business Laws and Business Communication, Paper 2 Fundamentals of Financial and Cost Accounting, Paper 3 Fundamentals of Business Mathematics and Statistics, and Paper 4 Fundamentals of Business Economics and Management.

What is the CMA Foundation exam pattern?

Every paper is fully objective: 50 multiple choice questions of 2 marks each with four options, all to be answered, on an offline OMR sheet at an exam centre. Each paper allows 1 hour; Papers 1 and 2 are written together in one 2-hour session and Papers 3 and 4 in a second 2-hour session on the same day.

Is there negative marking in CMA Foundation?

No. There is no negative marking in CMA Foundation.

What are the passing marks for CMA Foundation?

You need at least 40% in each paper and 50% in aggregate of total marks. Exemption and carry forward of marks are not available at Foundation.

When is the CMA Foundation exam held?

ICMAI holds its examinations twice a year, in the June and December terms. The December 2026 Foundation exam is on 13 December 2026.

See your CMA Foundation predicted marks today

One free diagnostic shows which paper is costing you the attempt.

Start the free mock