Learn with CIMA : CIMAPRO17-BA2-X1-ENG training material for 100% pass

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CIMA CIMAPRO17-BA2-X1-ENG Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Planning and Control30%- Flexible budgets and standard costing
- Variance analysis
- Budgeting concepts and preparation
- Reporting for control and performance measurement
Topic 2: Costing25%- Process costing and joint products
- Cost classification and behaviour
- Materials, labour and overhead costing
- Absorption and marginal costing
- Activity-based costing
Topic 3: Decision Making35%- Capital investment appraisal
- Risk and uncertainty in decision making
- Pricing decisions
- Cost-volume-profit analysis
- Relevant costing for short-term decisions
Topic 4: The Context of Management Accounting10%- Role of management accounting
- Comparison with financial accounting
- CIMA code of ethics
- Business environment and organizational structure

CIMA BA2 – Fundamentals of Management Accounting Question Tutorial Sample Questions:

Question #1

Which of the following is NOT a characteristic of useful operational level information?

  • A. Available immediately.
  • B. Sufficiently accurate.
  • C. Focused on the decision to be made.
  • D. Governed by financial reporting standards.
Answer: A
Question #2

The concept of the time value of money:

  • A. determines the higher interest rates that must be paid on longer term loans.
  • B. is used for making short term decisions.
  • C. recognises the fact that a cash flow received today will always be worth more than a larger cash flow received in the future.
  • D. recognises the fact that earlier cash flows are worth more because they can be reinvested.
Answer: C

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Question #3

Which of the following statements relating to risk and uncertainty is correct?

  • A. Risk exists when we do not know all of the possible outcomes.
  • B. Uncertainty exists when we know all of the possible outcomes but not their probabilities.
  • C. Risk exists when we know all of the possible outcomes but not their probabilities.
  • D. Uncertainty exists when we know all of the possible outcomes and their probabilities.
Answer: B
Question #4

An organisation's management report contains the following data:

Which division has the highest operating margin percentage?

  • A. Division C
  • B. Division A
  • C. Division B
  • D. Division D
Answer: A
Question #5

According to CIMA's Code of Ethics, CIMA members should not allow bias, conflict of interest of the influence of other people to override their professional judgement.
This is an example of:

  • A. integrity.
  • B. professional behaviour.
  • C. professional competence and due care.
  • D. objectivity.
Answer: D

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