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CIMA BA2 Exam Syllabus Topics:

SectionWeightObjectives
Costing25%- Cost identification and classification
  • 1. Relevant and irrelevant costs
  • 2. Direct and indirect costs
  • 3. Fixed, variable and semi-variable costs
- Costing techniques
  • 1. Cost behaviour analysis
  • 2. Absorption costing
  • 3. Marginal costing
The Context of Management Accounting10%- Purpose of management accounting and the role of the management accountant
  • 1. Role of the management accountant
  • 2. Need for management accounting
  • 3. Functions of management accounting
- Professional ethics and CIMA
  • 1. Professional and ethical responsibilities
  • 2. Role of CIMA
Decision Making35%- Long-term decision making
  • 1. Investment appraisal principles
  • 2. Relevant cash flow analysis
- Risk and uncertainty
  • 1. Sensitivity considerations
  • 2. Risk assessment techniques
- Short-term decision making
  • 1. Limiting factor analysis
  • 2. Break-even analysis
  • 3. Contribution analysis
Planning and Control30%- Management reporting
  • 1. Preparation of management reports
  • 2. Interpretation of management information
- Budgeting
  • 1. Cash budgeting
  • 2. Budgetary control
  • 3. Preparation of budgets
- Performance measurement and control
  • 1. Non-financial performance measures
  • 2. Financial performance measures
  • 3. Variance analysis

CIMA Fundamentals of management accounting Sample Questions:

It is company policy that the closing inventory of finished goods must be equal to 10% of the following month's budgeted sales. The budget sales for November and December are 8,000 and 9,000 units respectively.
The budgeted production for November will be:

  • A. 1,700 units
  • B. 8,100 units
  • C. 900 units
  • D. 8,900 units
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

The principal budget factor can be defined as:

  • A. The factor which is most likely to result in an adverse variance
  • B. The factor which limits the activities of the organisation
  • C. The factor which is least likely to change in the future
  • D. The factor which has the highest value in the budget
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Refer to the exhibit.

A company is considering purchasing a machine that will have a useful life of three years after which time it will be sold. Relevant cash flows relating to the purchase and operation of the machine are as follows.
The annual cost of capital is 14%.
The net present value of the investment in the machine is, to the nearest whole $:

Reveal Solution  Discussion  0

Correct Answer:

$87625

In investment appraisal, the internal rate of return is

  • A. the rate at which the present value of a project's cash inflows is equal to the present value of its cash outflows
  • B. the target rate of return for all investment proposals
  • C. the rate at which the present value of a project's cash inflows is zero
  • D. the rate at which a project's cash inflows is equal to its cash outflows
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

A small airport's management accountant has prepared the following management report on the performance of its four retail outlets.

Which retail outlet has the highest contribution per square metre?

  • A. Outlet B
  • B. Outlet C
  • C. Outlet A
  • D. Outlet D
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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