CIMA BA2 Q&A - in .pdf

  • BA2 pdf
  • Exam Code: BA2
  • Exam Name: Fundamentals of management accounting
  • Updated: Sep 24, 2026
  • Q & A: 392 Questions and Answers
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  • Exam Code: BA2
  • Exam Name: Fundamentals of management accounting
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  • Updated: Sep 24, 2026
  • Q & A: 392 Questions and Answers
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CIMA BA2 Q&A - Testing Engine

  • BA2 Testing Engine
  • Exam Code: BA2
  • Exam Name: Fundamentals of management accounting
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  • Q & A: 392 Questions and Answers
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CIMA BA2 Exam Syllabus Topics:

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

CIMA Fundamentals of management accounting Sample Questions:

Question #1

The Chartered Institute of Management Accounting's definition of management accounting outlines four responsibilities of the accountant in terms of the value for the stakeholders. The management accountant should aim to have which of the following effects according to CIMA?

  • A. Decrease value for the stakeholder
  • B. Increase value for the stakeholder
  • C. Preserve value for the stakeholder
  • D. Create value for the stakeholder
  • E. Damage value for the stakeholder
  • F. Protect value for the stakeholder
Reveal Solution  Discussion  0

Correct Answer: B,C,D,F  🗳️

Question #2

Refer to the exhibit.

The profit/volume graph below has been prepared for a product for which the following data are available for a period:
Selling price - $28 per unit
Variable cost - $23 per unit
Fixed cost - $4 per unit
Forecast sales volume is 1,000 units each period.
The value of P in units is:

Reveal Solution  Discussion  0

Correct Answer:

800

Question #3

A feature of a normal curve is that it is asymptotic, meaning that _______.

  • A. the area under the curve = 1.
  • B. it extends into infinity.
  • C. the mean divides the curve exactly in half.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #4

The following list contains many different types of costs for a business. However, only four of them would be considered costs centres. Which four?

  • A. Equipment
  • B. Tax
  • C. Activity
  • D. Function
  • E. Staff
  • F. Material
  • G. Operations
  • H. Service location
Reveal Solution  Discussion  0

Correct Answer: A,C,D,H  🗳️

Question #5

Refer to the exhibit.

A company issued its production budget based on an anticipated output of 800 units. Actual output was 1000 units. The details of the costs are shown below:
The budget volume variance was:

Reveal Solution  Discussion  0

Correct Answer:

£5999 adverse

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