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CIMA BA2 valid - in .pdf

BA2 pdf
  • Exam Code: BA2
  • Exam Name: Fundamentals of management accounting
  • Q & A: 392 Questions and Answers
  • PDF Price: $69.99
  • Free Demo

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  • Exam Code: BA2
  • Exam Name: Fundamentals of management accounting
  • Q & A: 392 Questions and Answers
  • PDF Version + PC Test Engine + Online Test Engine
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CIMA BA2 valid - Testing Engine

BA2 Testing Engine
  • Exam Code: BA2
  • Exam Name: Fundamentals of management accounting
  • Q & A: 392 Questions and Answers
  • Software Price: $69.99
  • Testing Engine

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CIMA BA2 Exam Syllabus Topics:

SectionWeightObjectives
The Context of Management Accounting10%- Characteristics of useful financial information
- Role of CIMA and professional ethics
- Global Management Accounting Principles
- Role and purpose of management accounting
Decision Making35%- Cost-volume-profit analysis
- Investment appraisal techniques
- Risk and uncertainty analysis
- Pricing decisions
- Relevant costing for short-term decisions
Planning and Control30%- Standard costing and variance analysis
- Budgeting methods and techniques
- Performance measurement and reporting
- Budgeting concepts and preparation
Costing25%- Overhead allocation, apportionment and absorption
- Job, batch, process and service costing
- Cost estimation techniques
- Marginal and absorption costing
- Cost classification and behaviour

CIMA Fundamentals of management accounting Sample Questions:

Question 1

Which of the following statements is correct?
(i) Public sector bodies use annual budgets and thus have no need for longer term strategic planning information (ii) Public sector budgets are fixed budgets therefore the use of flexible budgets for cost control purposes is not appropriate (iii) Public sector performance indicators include both financial and non-financial information

A. (ii) and (iii)
B. (ii) only
C. (i) and (ii)
D. (iii) only


Question 2

A company that uses standard costing wishes to reconcile the difference between the profit for a period calculated using absorption costing with that calculated using marginal costing.
Which TWO of the following will NOT help with this reconciliation? (Choose two.)

A. The under or over absorbed fixed production overheads.
B. The opening inventory.
C. The fixed production overhead absorption rate.
D. The actual fixed production overheads.
E. The closing inventory.


Question 3

If a company has a limiting factor, profit will be maximized by:

A. Producing most of the product which uses least units of the limiting factor
B. Producing most of the product with the highest contribution per unit of the limiting factor
C. Producing most of the product with the highest contribution per unit
D. Producing most of the product with the highest profit per unit


Question 4

Refer to the exhibit.

The budgetary control report for the latest period shows the following. Variances in brackets are adverse.
The sales volume contribution variance for the period was

A. $500 favorable
B. $26,700 adverse
C. $4,500 favorable
D. $27,200 adverse


Question 5

Refer to the exhibit.

John Brown is a machine operative in a manufacturing company. An analysis of his gross pay for the week is given below:
During the week John was idle for 6 hours due to machine breakdown and maintenance.
The total indirect labour costs included in John's gross pay was:


Solutions:

Question 1
Answer: D
Question 2
Answer: C,D
Question 3
Answer: B
Question 4
Answer: D
Question 5
Answer: Only visible for members

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