CGA Study Guide 2026
Everything you need to pass the CGA exam in one place: the exam format, every topic to study, real practice questions with explanations, flashcards, and full-length practice tests. Free, no sign-up needed.
📋 CGA Exam Format at a Glance
📚 CGA Topics to Study (22)
✍️ Sample CGA Questions & Answers
1. Which analysis technique compares actual results to budgeted figures to identify and explain differences?
Variance analysis decomposes the difference between actual and budgeted (or standard) results into price, volume, and efficiency components for management investigation.
2. What does the 'integrity' component of the CIA triad in information security mean?
Integrity ensures that data remains accurate and unaltered except through authorized processes, protecting against unauthorized modification.
3. Which term refers to costs that vary with production volume?
Variable costs are expenses that change in direct proportion to the volume of goods or services produced. As production increases, total variable costs rise, and as production decreases, they fall. Examples include raw materials and direct labor costs, which are directly tied to each unit manufactured, making them fluctuate with production levels.
4. What is the legal concept of 'piercing the corporate veil'?
Piercing the corporate veil occurs when courts hold shareholders personally liable for corporate debts because the corporate form was used improperly or fraudulently.
5. A company has a contribution margin ratio of 40% and fixed costs of $200,000. What is the breakeven point in sales dollars?
Breakeven sales = Fixed costs ÷ Contribution margin ratio = $200,000 ÷ 0.40 = $500,000.
6. A CGA discovers during an audit that a client is engaged in tax fraud. Under ethical standards, the CGA should first:
Professional standards require the accountant to first communicate with client management, and if unresolved, consider resignation to avoid association with the misconduct.