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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Planning and Control | 30% | - Flexible budgets and standard costing - Variance analysis - Budgeting concepts and preparation - Reporting for control and performance measurement |
| Topic 2: Costing | 25% | - Process costing and joint products - Cost classification and behaviour - Materials, labour and overhead costing - Absorption and marginal costing - Activity-based costing |
| Topic 3: Decision Making | 35% | - 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 Accounting | 10% | - Role of management accounting - Comparison with financial accounting - CIMA code of ethics - Business environment and organizational structure |
Which of the following is NOT a characteristic of useful operational level information?
The concept of the time value of money:
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Which of the following statements relating to risk and uncertainty is correct?
An organisation's management report contains the following data:
Which division has the highest operating margin percentage?
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:
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