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CIMA CIMAPRO17-BA2-X1-ENG Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Decision Making | 35% | - Pricing decisions - Risk and uncertainty in decision making - Capital investment appraisal - Relevant costing for short-term decisions - Cost-volume-profit analysis |
| Topic 2: Planning and Control | 30% | - Budgeting concepts and preparation - Reporting for control and performance measurement - Variance analysis - Flexible budgets and standard costing |
| Topic 3: The Context of Management Accounting | 10% | - CIMA code of ethics - Role of management accounting - Business environment and organizational structure - Comparison with financial accounting |
| Topic 4: Costing | 25% | - Materials, labour and overhead costing - Absorption and marginal costing - Process costing and joint products - Activity-based costing - Cost classification and behaviour |
CIMA BA2 – Fundamentals of Management Accounting Question Tutorial Sample Questions:
1. A company uses an integrated accounting system. The following data relate to the latest period.
At the end of the period, the entry in the production overhead control account in respect of under or over absorbed overheads will be:
A) $2,208 debit.
B) $2,208 credit.
C) $22,672 credit.
D) $22,672 debit.
2. A company uses standard absorption costing. Budgeted and actual data for the latest period are as follows.
What was the production overhead absorption rate per unit?
A) $29
B) $21
C) $27
D) $35
3. Which of the following would NOT require taking into account the time value of money?
A) Selecting an investment project on the basis that it has a positive net present value (NPV).
B) Taking a long-term investment decision on the basis of the project's internal rate of return (IRR).
C) Deciding to make a long-term investment in a project on the basis of its payback period.
D) Calculating the present value of a five-year annuity.
4. 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) $37.80
B) $45.00
C) $55.00
D) $46.20
5. A management accountant has forecast the following cash inflows from four potential projects.
All four projects require the same initial investment and will last for four years. They all result in a positive net present value but only one of the projects can be undertaken.
Which project should be selected?
A) Project A
B) Project B
C) Project C
D) Project D
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: D | Question # 4 Answer: D | Question # 5 Answer: A |




