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CIMA CIMAPRO17-BA2-X1-ENG Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Planning and Control | 30% | - Performance Measurement and Control
|
| Topic 2: Costing | 25% | - Absorption and Marginal Costing
|
| Topic 3: Decision Making | 35% | - Investment and Strategic Decisions
|
| Topic 4: The Context of Management Accounting | 10% | - Purpose of Management Accounting
|
CIMA BA2 – Fundamentals of Management Accounting Question Tutorial Sample Questions:
1. An organisation's management report contains the following data:
Which division has the highest operating margin percentage?
A) Division A
B) Division C
C) Division B
D) Division D
2. The possible returns and associated probabilities of two independent projects are as follows:
It has been decided that both projects are to be launched.
Which TWO of the following statements are correct? (Choose two.)
A) The expected value of the total return is $41,500 gain.
B) The probability of the total return being a gain is less than 1.00.
C) The probability of the total return being a loss is 0.10.
D) The expected value of the total return is $40,000 gain.
E) The probability of making a total return of exactly $5,000 gain is 0.02.
3. The concept of the time value of money:
A) recognises the fact that a cash flow received today will always be worth more than a larger cash flow received in the future.
B) recognises the fact that earlier cash flows are worth more because they can be reinvested.
C) is used for making short term decisions.
D) determines the higher interest rates that must be paid on longer term loans.
4. Which of the following statements about batch costing is true?
A) The cost of a batch is found by multiplying the cost of one unit by the number of units in the batch.
B) The cost of a unit is found by dividing the cost of a batch by the number of units in the batch.
C) Batch costing must use marginal costing.
D) Batch costing must use absorption costing.
5. Which of the following would NOT require taking into account the time value of money?
A) Taking a long-term investment decision on the basis of the project's internal rate of return (IRR).
B) Selecting an investment project on the basis that it has a positive net present value (NPV).
C) Deciding to make a long-term investment in a project on the basis of its payback period.
D) Calculating the present value of a five-year annuity.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B,C | Question # 3 Answer: A | Question # 4 Answer: B | Question # 5 Answer: D |

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