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CIMA BA2 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| The Context of Management Accounting | 10% | - Purpose of management accounting and the role of the management accountant
|
| Planning and Control | 30% | - Budgeting
|
| Decision Making | 35% | - Long-term decision making
|
| Costing | 25% | - Cost identification and classification
|
CIMA Fundamentals of management accounting Sample Questions:
1. Which one of the following is NOT a main purpose of management accounting?
A) Reporting to shareholders
B) Controlling
C) Decision making
D) Planning
2. JB has fixed costs of $120,000 per annum. It manufactures a single product which it sells for $12 per unit. It has a profit/volume ratio of 60%.
JB's break-even point is
3. Refer to the exhibit.
Which is the correct journal entry required to record an adverse labour rate variance in an integrated accounting system?
The correct journal entry required to record an adverse labour rate variance in an integrated accounting system is:
A) B
B) D
C) A
D) C
4. Refer to the exhibit.
A company has the following budget information for next year:
The raw materials usage budget for the years is:
5. The direct labor rate variance is:
A) The difference between the actual wages paid and what should have been paid for the hours worked
B) The difference between the actual wages paid and the standard labor cost for the output produced
C) The difference between the actual rate of efficiency and the standard rate of efficiency for direct labor
D) The standard wage rate multiplied by the difference between the actual hours worked and the standard hours needed for the output produced
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: Only visible for members | Question # 3 Answer: C | Question # 4 Answer: Only visible for members | Question # 5 Answer: A |



