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CIMA CIMAPRO17-BA2-X1-ENG Exam Syllabus Topics:

SectionWeightObjectives
The Context of Management Accounting10%- Business environment and organizational structure
- CIMA code of ethics
- Comparison with financial accounting
- Role of management accounting
Decision Making35%- Cost-volume-profit analysis
- Pricing decisions
- Capital investment appraisal
- Relevant costing for short-term decisions
- Risk and uncertainty in decision making
Planning and Control30%- Flexible budgets and standard costing
- Budgeting concepts and preparation
- Reporting for control and performance measurement
- Variance analysis
Costing25%- Activity-based costing
- Process costing and joint products
- Cost classification and behaviour
- Materials, labour and overhead costing
- Absorption and marginal costing

CIMA BA2 – Fundamentals of Management Accounting Question Tutorial Sample Questions:

Question 1

Which of the following statements about batch costing is true?

A. Batch costing must use absorption costing.
B. Batch costing must use marginal costing.
C. The cost of a unit is found by dividing the cost of a batch by the number of units in the batch.
D. The cost of a batch is found by multiplying the cost of one unit by the number of units in the batch.


Question 2

DRAG DROP
A company manufactures three products using the same direct labour which will be in short supply next month.
No inventories are held. Data for the three products are as follows:

The fixed costs are all committed costs and cannot now be altered for the next month.
Place the labels against the correct product to indicate the order of priority for manufacture that will maximise the profit for the next month.
Select and Place:


Question 3

Which THREE of the following are parts of the master budget? (Choose three.)

A. Cash flow budget.
B. Sales budget.
C. Budgeted statement of profit or loss.
D. Administration overhead budget.
E. Budgeted statement of financial position.
F. Finished goods inventory budget.


Question 4

FILL BLANK
The following data are available for a delivery company. The table shows the number of tonnes delivered (x) and the associated distribution cist (y) in recent periods.

Further analysis of this data has determined the following:
∑xy = 36,427 ∑x2 = 1,144
Using least squares regression analysis, calculate the variable cost per tonne delivered. Give your answer to the nearest cent.


Question 5

A sales manager has analysed a sample of 350 sales transactions from the latest period. The manager wishes to investigate:
how many customers made their purchase online using the internet and how many purchased by telephone.
how many were new customers and how many were placing repeat orders.
The following table shows the results of the analysis.

If the pattern of sales occurs next period, the probability of a particular sale being a repeat order placed online is closest to:

A. 0.40
B. 0.35
C. 0.11
D. 0.16


Solutions:

Question 1
Answer: C
Question 2
Answer: Only visible for members
Question 3
Answer: A,C,E
Question 4
Answer: Only visible for members
Question 5
Answer: A

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