CRACKER COMBO for CMA Foundation | Dec. 2026/June 2027 Exams – Papers 1 to 4 | CRACKER Series | FBLC/Law, FFCA/Accounting, FBMS/Maths, and FBEM/Economics | June 2026 Edition | Set of 4 Books

Book Type: CRACKER COMBO for CMA Foundation

Exam: CMA Foundation | Institute of Cost Accountants of India (ICMAI)

Edition: June 2026 Edition

Authors: CA. Leena Lalit Parakh & CA. Tarun Agarwal

Exam Pattern: Fully Objective, MCQ-Based, Centre-Based (OMR) Examination | 4 Papers | 100 Marks Each | 400 Marks Total | 50 Questions per Paper | 2 Marks per Question | No Negative Marking

Qualifying Criteria: 40% in Each Paper & 50% in Aggregate

Combo Includes:

• Paper 1 — Fundamentals of Business Laws & Business Communication (FBLC | Law)
• Paper 2 — Fundamentals of Financial & Cost Accounting (FFCA | Accounting)
• Paper 3 — Fundamentals of Business Mathematics & Statistics (FBMS | Maths)
• Paper 4 — Fundamentals of Business Economics & Management (FBEM | Economics)

Key Highlights:

• Fully Solved Past Papers up to June 2026
• 4,200+ MCQs Combined, including practice questions
• 16 Fully Solved Past Papers — December 2024, June 2025, December 2025 and June 2026 for each paper
• Descriptive Questions Recast as MCQs in line with the current objective pattern
• Step-by-Step Working Notes for Numerical Questions
• Tabular Quick Revision at the Start of Every Chapter
• Module-wise Marks Distribution of Past Exams
• Module-wise Comparison with the ICMAI Study Material
• Multiple Objective-Question Formats including True/False, fill-in-the-blanks and statement/criterion-based questions
• Built for a No-Negative-Marking, Speed Game

Paper 1 — Business Laws & Business Communication (Law):

Coverage: 5 Modules | 36 Chapters | 950+ MCQs

• Module 1 | Introduction (4 chapters)
• Module 2 | Indian Contract Act, 1872 (10 chapters)
• Module 3 | Sale of Goods Act, 1930 (6 chapters)
• Module 4 | Negotiable Instruments Act, 1881 (5 chapters)
• Module 5 | Business Communication (11 chapters)

Section-wise Weightage: Section A – Business Laws (80 Marks) & Section B – Business Communication (20 Marks)

Paper 2 — Financial & Cost Accounting (Accounting):

Coverage: 4 Modules | 20 Chapters | 1,200+ MCQs

• Module 1 | Accounting Fundamentals (10 chapters)
• Module 2 | Accounting for Special Transactions — Consignment, Joint Venture, Bills of Exchange (3 chapters)
• Module 3 | Preparation of Final Accounts — Sole Proprietorship & Not-for-Profit Organisation (2 chapters)
• Module 4 | Fundamentals of Cost Accounting (5 chapters)

Paper 3 — Business Mathematics & Statistics (Maths):

Coverage: 8 Modules | 27 Chapters | 1,100+ MCQs

• Module 1 | Arithmetic
• Module 2 | Algebra
• Module 3 | Calculus – Application in Business
• Module 4 | Statistical Representation of Data
• Module 5 | Measures of Central Tendency & Dispersion
• Module 6 | Correlation & Regression
• Module 7 | Probability
• Module 8 | Index Number & Time Series

Paper 4 — Business Economics & Management (Economics):

Coverage: 5 Modules | 21 Chapters | 950+ MCQs

• Module 1 | Basic Concepts
• Module 2 | Forms of Market (the highest-yield area—Pricing of Products & Services averages ~17.7 marks)
• Module 3 | Money and Banking
• Module 4 | Economic & Business Environment (PESTEL, Porter's Five Forces, VUCAFU)
• Module 5 | Fundamentals of Management (7 chapters)

Section-wise Weightage: Section A – Business Economics (Modules 1–4) & Section B – Management (Module 5)

Fully Solved Past Papers:

• December 2024
• June 2025
• December 2025
• June 2026

Each a complete 50-question paper in the real exam structure (2 marks per question) with suggested answers and working/explanations.

Target Audience:

• CMA Foundation Candidates of ICMAI preparing for all four papers together in a single, consistent system
• Students Targeting the December 2026 and June 2027 Attempts
• Self-study Aspirants looking for one affordable, all-in-one resource
• Coaching Students and Faculty needing a reliable, exam-tagged question bank plus revision tables and weightage maps
• Repeat Candidates and Fast-Track Revisers who need high-volume, objective-format practice with worked solutions and working notes
• Commerce Graduates and Working Aspirants entering the CMA pathway

Preparation Approach:

• Planning Tools — Module-wise Marks Distribution and ICMAI Study-Material Comparison
• Quick Revision of the Chapter — A compact recap of key concepts, provisions and formulae
• Past Examination Questions — Exam-tagged MCQs from previous attempts with correct options and Working Notes for numericals
• Practice Questions — Additional MCQ sets to reinforce recall and self-test
• Solved Papers at the End — Four recent fully solved papers for exam simulation and self-assessment

Within each subject, content proceeds module by module in line with the ICMAI study-material structure, and the two-section papers keep their respective sections clearly separated.