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CIMA CIMAPRO17-BA2-X1-ENG Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Costing | 25% | - Process costing and joint products - Activity-based costing - Materials, labour and overhead costing - Cost classification and behaviour - Absorption and marginal costing |
| Topic 2: Decision Making | 35% | - Pricing decisions - Capital investment appraisal - Risk and uncertainty in decision making - Relevant costing for short-term decisions - Cost-volume-profit analysis |
| Topic 3: The Context of Management Accounting | 10% | - CIMA code of ethics - Comparison with financial accounting - Role of management accounting - Business environment and organizational structure |
| Topic 4: Planning and Control | 30% | - Flexible budgets and standard costing - Reporting for control and performance measurement - Variance analysis - Budgeting concepts and preparation |
CIMA BA2 – Fundamentals of Management Accounting Question Tutorial Sample Questions:
1. An organisation produces and sells a single product. The organisation's management accountant has reported the following information for the most recent period.
Which TWO of the following statements are valid? (Choose two.)
A) If the sales volume changed to 220,000 units, the breakeven point would not change.
B) If the selling price changed to $22 per unit, the breakeven point would become lower.
C) If the variable cost changed to $16 per unit, the breakeven point would become lower.
D) If the fixed cost changed to $445,000, the breakeven point would not change.
E) If the contribution to sales ratio changed to 30%, the breakeven point would become higher.
2. Based upon extensive historical evidence, a company's daily sales volume is known to be normally distributed with a mean of 1,728 units and a standard deviation of 273 units.
What is the probability that, on any one day, the sales volume will be at least 1,300 units?
A) 73.89%
B) 44.18%
C) 94.18%
D) 5.82%
3. A company which manufactures and sells one product has fixed costs of $80,000 per period. The selling price per unit of $25 generates a contribution/sales ratio of 40%.
How many units would need to be sold in a period to earn a profit of $10,000?
A) 8,000
B) 36,000
C) 9,000
D) 32,000
4. A company makes and sells a range of products. The standard details per unit for one of these products, product X, are as follows.
To meet sales demand, the company must obtain 2,000 units of product X next month. There is sufficient labour capacity to produce 1,500 of these units in-house during normal time. However, any production above this level would require overtime working which would be paid at a premium of 50%.
The company can buy as many units of product X as it wishes next month from an external supplier at a price of $120 per unit.
What is the total financial benefit to the company of purchasing the appropriate number of units from the external supplier rather than producing them in-house?
A) $5,000
B) $30,000
C) $27,500
D) $20,000
5. A company is appraising two projects. Both projects are for five years. Details of the two projects are as follows.
Based on the above information, which of the following statements is correct?
A) The annuity factor for project A would double the annuity factor for project B.
B) An annuity could be used to calculate the net present value of the projects.
C) The annuity factor for project A would be lower than the annuity factor for the project B.
D) A perpetuity could be used to calculate the net present value of the projects.
Solutions:
| Question # 1 Answer: A,E | Question # 2 Answer: C | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: B |






