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CIMA CIMAPRO17-BA2-X1-ENG Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Planning and Control | 30% | - Budgeting concepts and preparation - Reporting for control and performance measurement - Flexible budgets and standard costing - Variance analysis |
| Topic 2: Costing | 25% | - Materials, labour and overhead costing - Absorption and marginal costing - Process costing and joint products - Activity-based costing - Cost classification and behaviour |
| Topic 3: The Context of Management Accounting | 10% | - Business environment and organizational structure - Comparison with financial accounting - CIMA code of ethics - Role of management accounting |
| Topic 4: Decision Making | 35% | - Cost-volume-profit analysis - Risk and uncertainty in decision making - Capital investment appraisal - Relevant costing for short-term decisions - Pricing decisions |
CIMA BA2 – Fundamentals of Management Accounting Question Tutorial Sample Questions:
1. FILL BLANK
A company has three production departments X, Y and Z, and one service department.
The service department's overhead has been apportioned to the production departments in the ratio 3:2:5. As a result of this apportionment, $2,070 was given to Department Y.
What is the amount of service department overhead that would have been apportioned to Department Z? Give your answer to the nearest dollar.
2. Which TWO of the following are characteristics of Management Accounts? (Choose two.)
A) Statutory requirement
B) Internally focused
C) Governed by rules and regulations
D) Provide information to managers
E) Provide information needed by shareholders
3. The forecast costs per unit for a new product are as follows:
The company uses marginal cost plus pricing and all products are required to achieve a 40% margin.
What would be the selling price per unit?
A) $46.20
B) $55.00
C) $37.80
D) $45.00
4. Data for the latest period for a company which makes and sells a single product are as follows:
There were no budgeted or actual changes in inventories during the period.
The sales volume contribution variance for the period was:
A) $16,000 adverse.
B) $5,666 adverse.
C) $6,220 adverse.
D) $9,267 adverse.
5. The concept of the time value of money:
A) determines the higher interest rates that must be paid on longer term loans.
B) recognises the fact that a cash flow received today will always be worth more than a larger cash flow received in the future.
C) is used for making short term decisions.
D) recognises the fact that earlier cash flows are worth more because they can be reinvested.
Solutions:
| Question # 1 Answer: Only visible for members | Question # 2 Answer: A,D | Question # 3 Answer: A | Question # 4 Answer: B | Question # 5 Answer: B |






