ICMAI CMA Answer Key 2025: Download Subject-Wise PDFs

Ashna Priyadashi
Ashna Priyadashi

Updated on - Feb 21, 2025

ICMAI CMA Answer Key 2025 will be made available on the official website of ICMAI after the exams. CMA answer key comprises questions and answers. The applicants can compare the answers with the CMA-suggested answer key and calculate the approximate mark they would obtain in the CMA 2025 exam.

ICMAI CMA June 2025 Inter and Final exams will be conducted from Jun 11 - 18, 2025. Furthermore, the CMA June 2025 Foundation test has been scheduled for Jun 14, 2025. Candidates can access the CMA answer key by entering their login credentials, once released.

The conducting body releases the CMA's final suggested answers and CMA Inter's suggested answers on the official website. The institute also provided answers for the CMA previous year question papers from 2022 to 2017. Hence, the students can refer to those answers and study for the upcoming exams as well.

CMA Exam Answer Key 2025

CMA exam answer key for all Final, Intermediate and Foundation paper for the June session will be released soon after the exam ends, probably by July 2025. The exam for Final and Inter has been scheduled from Jun 11 - 18, 2025 and the exam for Foundation program will take place on Jun 14, 2025.

The direct link to access the CMA Inter, Final, and Foundation program answer key for the June 2025 session will be shared with the students once it is released.

Particulars Links
ICMAI CMA 2025 June Session Intermediate Program Answer Key To be Updated
ICMAI CMA 2025 June Session Final Program Answer Key To be Updated
ICMAI CMA 2025 June Session Foundation Program Answer Key To be Updated

How to Check the ICMAI CMA 2025 Answer Key?

ICMAI CMA answer key 2025 is released on the official website after the exams are conducted. The ICMAI answer key for the previous year's question papers is also available, which is an excellent resource for students as they can study and get a fair idea about the exam pattern and type of questions in each section.

The students can follow the steps given below to access the ICMAI CMA answer sheet 2025 easily.

  • Step 1: Candidates must visit the official website of ICMAI and click on the 'Students' tab.
  • Step 2: They can click on the 'Examination' tab on the new page.
  • Step 3: Students must select 'ICMAI Suggested Answers' from the drop-down menu.
  • Step 4: They can click on the download link, which will be redirected to a new tab.
  • Step 5: Candidates must enter the registration number and verify.
  • Step 6: They can select the year, term and course for which the ICMAI answer key is required.
  • Step 7: Now, they can click on the download button to download the answers.

How to Calculate Score Through CMA Answer Key?

ICMAI announces the suggested answers for all the subjects on the official website. CMA inter suggested answers are provided by ICMAI cannot be interpreted as comprehensive responses. However, icmai suggested answers help in analyzing the score.

Candidates can refer to other sources to verify the answers rather than mindlessly follow the advice provided in the suggested answers. There is no negative marking in the CMA exam. The evaluators can use discretion while awarding the marks for partially answered questions.

The suggested answers icmai Dec 2022 to Dec 2017 are provided for the student’s reference in the table below.

Financial Accounting:

Candidates can find the CMA question paper with answer has been provided in the table below.

Particulars Download PDF
Dec 2022 Download PDF
Dec 2021 Download PDF
Dec 2019 Download PDF
Dec 2018 Download PDF
Dec 2017 Download PDF

Laws and Ethics:

Candidates can find the CMA question paper with answers provided in the table below.

Particulars Download PDF
Dec 2022 Download PDF
Dec 2021 Download PDF
Dec 2018 Download PDF
Dec 2017 Download PDF

Direct Taxation:

Candidates can find the CMA question paper with answers provided in the table below.

Particulars Download PDF
Dec 2022 Download PDF
Dec 2021 Download PDF
Dec 2019 Download PDF
Dec 2018 Download PDF
Dec 2017 Download PDF

Cost Accounting:

Candidates can find the CMA question paper with answers provided in the table below

Particulars Download PDF
Dec 2022 Download PDF
Dec 2021 Download PDF
Dec 2019 Download PDF
Dec 2018 Download PDF
Dec 2017 Download PDF

Operations Management and Strategic Management:

Candidates can find the CMA question paper with answers provided in the table below.

Particulars Download PDF
Dec 2022 Download PDF
Dec 2021 Download PDF
Dec 2019 Download PDF
Dec 2018 Download PDF
Dec 2017 Download PDF

Cost & Management Accounting and Financial Management:

Candidates can find the CMA question paper with answers provided in the table below.

Particulars Download PDF
Dec 2022 Download PDF
Dec 2021 Download PDF
Dec 2019 Download PDF
Dec 2018 Download PDF
Dec 2017 Download PDF

Indirect Taxation:

Candidates can find the CMA question paper with answers provided in the table below.

Particulars Download PDF
Dec 2022 Download PDF
Dec 2021 Download PDF
Dec 2019 Download PDF
Dec 2018 Download PDF
Dec 2017 Download PDF

Company Accounts and Audit:

Candidates can find the CMA question paper with answers provided in the table below

Particulars Download PDF
Dec 2022 Download PDF
Dec 2021 Download PDF
Dec 2019 Download PDF
Dec 2018 Download PDF
Dec 2017 Download PDF

CMA final suggested answer keys for December session 2022 are provided in the table below.

Corporate Laws:

Candidates can go through the CMA Final Previous year answer key pdf from 2022 to 2017 in the table below.

Particulars Download PDF
Dec 2022 Download PDF
Dec 2021 Download PDF
Dec 2019 Download PDF
Dec 2018 Download PDF
Dec 2017 Download PDF

Strategic Financial Management:

Candidates can go through the CMA Final Previous year answer key pdf from 2022 to 2017 in the table below.

Particulars Download PDF
Dec 2022 Download PDF
Dec 2019 Download PDF
Dec 2018 Download PDF
Dec 2017 Download PDF

Strategic Cost Management – Decision Making:

Candidates can go through the CMA Final Previous year answer key pdf from 2022 to 2017 in the table below.

Particulars Download PDF
Dec 2022 Download PDF
Dec 2021 Download PDF
Dec 2019 Download PDF
Dec 2018 Download PDF
Dec 2017 Download PDF

Direct Tax Laws and International Taxation:

Candidates can go through the CMA Final Previous year answer key pdf from 2022 to 2017 in the table below.

Particulars Download PDF
Dec 2022 Download PDF
Dec 2021 Download PDF
Dec 2019 Download PDF
Dec 2018 Download PDF
Dec 2017 Download PDF

Corporate Financial Reporting:

Candidates can go through the CMA Final Previous year answer key pdf from 2022 to 2017 in the table below.

Particulars Download PDF
Dec 2022 Download PDF
Dec 2021 Download PDF
Dec 2019 Download PDF

Indirect Tax Laws and Practice:

Candidates can go through the CMA Final Previous year answer key pdf from 2022 to 2017 in the table below.

Particulars Download PDF
Dec 2022 Download PDF
Dec 2021 Download PDF
Dec 2019 Download PDF

Cost and Management Audit:

Candidates can go through the CMA Final Previous year answer key pdf from 2022 to 2017 in the table below.

Particulars Download PDF
Dec 2022 Download PDF
Dec 2021 Download PDF
Dec 2019 Download PDF

Strategic Performance Management and Business Valuation:

Candidates can go through the CMA Final Previous year answer key pdf from 2022 to 2017 in the table below.

Particulars Download PDF
Dec 2022 Download PDF
Dec 2021 Download PDF
Dec 2019 Download PDF

FAQs on CMA Exam Answer Key

Q: Is CMA suggested answers available on the official website of ICMAI?

Q: How can candidates download ICMAI CMA answer key 2025 pdf and exam questions?

Q: When will the CMA Foundation June 2025 answer key be out?

Q: Are the registered candidates allowed to challenge ICMAI CMA 2025 answer key?

Q: Can candidates download the ICMAI CMA answer key 2025?

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