Title: Excellent prep material
Product review: This is an excellent book for passing the CMA part 1 exam. It covers every area of the exam. You should have a basic understanding of most of the material covered in the book, or it will be somewhat difficult to use it, as the material is summarized and not explained from the lowest level. But if you took a few economics or accounting courses, or have even limited experienc in the field, this book is what you need.The only weak area is the microeconomics material--you may have to find some other book to explain some of the tougher concepts.
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