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CIMA BA2 Exam Syllabus Topics:

SectionObjectives
Cost Classification and Behaviour- Fixed, variable, and semi-variable costs
- Cost behaviour patterns and analysis
Costing Methods- Process costing basics
- Overhead allocation and absorption costing
- Job costing and batch costing
Budgeting and Planning- Introduction to budgeting
- Basic forecasting techniques
Cost Accounting Fundamentals- Introduction to management accounting
- Role and purpose of cost accounting

CIMA Fundamentals of management accounting Sample Questions:

1. In an integrated cost and financial accounting system, the accounting entries for PAYE deducted from gross wages would be:

A) Debit: Wages control account Credit: PAYE payable account
B) Debit: PAYE payable account Credit: Bank account
C) Debit: Wages control account Credit: Bank account
D) Debit: Production overhead control account Credit: Bank account


2. The variable cost of a product is £7 per unit. The fixed costs of the product are £140,000. The break-even point is 70,000 units.
The selling price of the product is:
Give your answer to 2 decimal places.


3. Which of the following are NOT behavioural aspects of budgetary controls? (Select ALL that apply.)

A) Irrational spending
B) Budget negotiation
C) Motivation
D) Competitiveness
E) Long term focus
F) Short term focus


4. Which of the following statements is correct?
i. sector bodies use budgetary planning and control systems
ii. costing cannot be used by public sector bodies because they have no measurable output iii. in public sector bodies tend to focus on cost management therefore they have no need for non-financial information

A) (i) and (ii) only
B) (i) only
C) (i) and (iii) only
D) (ii) and (iii) only


5. A company currently allows a discount of 20% to customers who pay at the time of purchase. If 30% of customers pay immediately, the extra sales needed in July to increase the cash receipts in that month by £6,000 are:

A) £30000
B) £20000
C) £25000
D) £7500


Solutions:

Question # 1
Answer: A
Question # 2
Answer: Only visible for members
Question # 3
Answer: D,E
Question # 4
Answer: B
Question # 5
Answer: C

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