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CIMA BA2 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Costing | 25% | - Costing techniques
|
| Topic 2: The Context of Management Accounting | 10% | - Professional ethics and CIMA
|
| Topic 3: Decision Making | 35% | - Short-term decision making
|
| Topic 4: Planning and Control | 30% | - Performance measurement and control
|
CIMA Fundamentals of management accounting Sample Questions:
1. The correlation coefficient is calculated using which of the following values;
A) Spread
B) Mean
C) Standard deviation
D) Mode
E) Variance
F) Range
2. Which of the following definitions best describes Zero based budgeting?
A) A method of budgeting where the sum of revenues and expenditures in each budget centre must equal zero
B) A method of budgeting whereby every item of expenditure does not have to be justified before its inclusion in the budget
C) A method of budgeting where an attempt is made to make the expenditure under each cost heading as close to zero as possible
D) A method of budgeting whereby all activities are re-evaluated each time a budget is formulated
3. A company wishes to achieve a 20% return on the capital of $937,500 invested in the company. Total costs for the next period are budgeted to be $1,250,000.
The standard cost for product P is $11 per unit.
In order to achieve the required return on investment the selling price per unit of product P must be:
Give your answer to 2 decimal places.
4. Refer to the exhibit.
The following information is available for a production process:
The cost per unit of good output is:
Give your answer to 2 decimal places.
5. Which of the following is the LEAST appropriate basis on which to apportion the insurance costs of plant and machinery:
A) Net book value
B) Original cost
C) Machine hours
D) Replacement cost
Solutions:
| Question # 1 Answer: B,C | Question # 2 Answer: D | Question # 3 Answer: Only visible for members | Question # 4 Answer: Only visible for members | Question # 5 Answer: C |


