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CIMA BA2 guide torrent - Fundamentals of management accounting

Updated: Jul 24, 2026

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BA2 guide torrent
  • Exam Code: BA2
  • Exam Name: Fundamentals of management accounting

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CIMA BA2 Exam Syllabus Topics:

SectionWeightObjectives
The Context of Management Accounting10%- Purpose of management accounting and the role of the management accountant
  • 1. Functions of management accounting
  • 2. Need for management accounting
  • 3. Role of the management accountant
- Professional ethics and CIMA
  • 1. Role of CIMA
  • 2. Professional and ethical responsibilities
Planning and Control30%- Budgeting
  • 1. Preparation of budgets
  • 2. Cash budgeting
  • 3. Budgetary control
- Management reporting
  • 1. Preparation of management reports
  • 2. Interpretation of management information
- Performance measurement and control
  • 1. Non-financial performance measures
  • 2. Financial performance measures
  • 3. Variance analysis
Decision Making35%- Long-term decision making
  • 1. Investment appraisal principles
  • 2. Relevant cash flow analysis
- Short-term decision making
  • 1. Break-even analysis
  • 2. Contribution analysis
  • 3. Limiting factor analysis
- Risk and uncertainty
  • 1. Sensitivity considerations
  • 2. Risk assessment techniques
Costing25%- Cost identification and classification
  • 1. Relevant and irrelevant costs
  • 2. Fixed, variable and semi-variable costs
  • 3. Direct and indirect costs
- Costing techniques
  • 1. Absorption costing
  • 2. Marginal costing
  • 3. Cost behaviour analysis

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

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