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CIMA CIMAPRO17-BA2-X1-ENG Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Costing | 25% | - Cost Identification and Classification
|
| Topic 2: Decision Making | 35% | - Short-Term Decision Making
|
| Topic 3: The Context of Management Accounting | 10% | - Role of CIMA
|
| Topic 4: Planning and Control | 30% | - Performance Measurement and Control
|
CIMA BA2 – Fundamentals of Management Accounting Question Tutorial Sample Questions:
1. The forecast costs per unit for a new product are as follows:
The company uses marginal cost plus pricing and all products are required to achieve a 40% margin.
What would be the selling price per unit?
A) $37.80
B) $46.20
C) $45.00
D) $55.00
2. The concept of the time value of money:
A) determines the higher interest rates that must be paid on longer term loans.
B) recognises the fact that a cash flow received today will always be worth more than a larger cash flow received in the future.
C) recognises the fact that earlier cash flows are worth more because they can be reinvested.
D) is used for making short term decisions.
3. A company's management accountant wishes to calculate the present value of the cost of renting a delivery vehicle. There will be five annual rental payments of $5,000, the first of which is due immediately. The company's discount rate is 12%.
Which TWO of the following are valid ways to calculate the present value of the rental payments? (Choose two.)
A) $5,000 + ($5,000 x 3.037)
B) $5,000 + $5,000/1.12 + $5,000/(1.12)2 + $5,000/(1.12)3 + $5,000/(1.12)4
C) $5,000 x 3.605
D) $5,000/1.12 + $5,000/(1.12)2 + $5,000/(1.12)3 + $5,000/(1.12)4+ $5,000/(1.12)5
E) $5,000 + ($5,000 x 3.605)
4. Which of the following is a valid definition of a cash budget?
A) A detailed budget of estimated cash inflows and outflows incorporating revenue items only.
B) A detailed budget of estimated cash outflows only, incorporating both depreciation and capital expenditure.
C) A detailed budget of estimated cash inflows and outflows incorporating both revenue and capital items.
D) A detailed budget of estimated cash inflows only, incorporating receipts from cash sales as well as from credit customers.
5. In responsibility accounting, costs and revenues are grouped according to:
A) the budget holder.
B) their behaviour.
C) the service provided.
D) their function.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B | Question # 3 Answer: C,E | Question # 4 Answer: A | Question # 5 Answer: B |







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