CIMA BA2 – Fundamentals of Management Accounting Question Tutorial : CIMAPRO17-BA2-X1-ENG

  • Exam Code: CIMAPRO17-BA2-X1-ENG
  • Exam Name: BA2 – Fundamentals of Management Accounting Question Tutorial
  • Updated: Aug 06, 2026     Q & A: 60 Questions and Answers

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CIMA CIMAPRO17-BA2-X1-ENG Exam Syllabus Topics:

SectionObjectives
Topic 1: Introduction to Cost Accounting- Cost classification and behavior
  • 1. Direct and indirect costs
    • 2. Fixed, variable and semi-variable costs
      - Cost units and cost centers
      • 1. Overhead allocation basics
        • 2. Absorption of overheads
          Topic 2: Budgeting and Forecasting- Budget preparation
          • 1. Master budgets
            • 2. Functional budgets
              - Budgetary control
              • 1. Performance monitoring
                • 2. Variance analysis basics
                  Topic 3: Accounting for Materials, Labour and Overheads- Material control
                  • 1. Stock control systems
                    • 2. Inventory valuation methods
                      - Labour costing
                      • 1. Labour efficiency and productivity
                        • 2. Time-based remuneration
                          Topic 4: Decision Making Techniques- Short-term decision making
                          • 1. Make or buy decisions
                            • 2. Limiting factor analysis
                              - Cost analysis for decisions
                              • 1. Incremental cost analysis
                                • 2. Relevant costing principles
                                  Topic 5: Costing Methods- Marginal costing
                                  • 1. Contribution and break-even analysis
                                    • 2. Cost-volume-profit (CVP) relationships
                                      - Absorption costing
                                      • 1. Inventory valuation
                                        • 2. Over/under absorption of overheads

                                          CIMA BA2 – Fundamentals of Management Accounting Question Tutorial Sample Questions:

                                          1. 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) 44.18%
                                          B) 94.18%
                                          C) 5.82%
                                          D) 73.89%


                                          2. 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) $45.00
                                          B) $46.20
                                          C) $37.80
                                          D) $55.00


                                          3. According to CIMA's Code of Ethics, CIMA members should not allow bias, conflict of interest of the influence of other people to override their professional judgement.
                                          This is an example of:

                                          A) professional behaviour.
                                          B) professional competence and due care.
                                          C) integrity.
                                          D) objectivity.


                                          4. 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 fixed cost changed to $445,000, the breakeven point would not change.
                                          B) If the variable cost changed to $16 per unit, the breakeven point would become lower.
                                          C) If the selling price changed to $22 per unit, the breakeven point would become lower.
                                          D) If the contribution to sales ratio changed to 30%, the breakeven point would become higher.
                                          E) If the sales volume changed to 220,000 units, the breakeven point would not change.


                                          5. A new product requires an investment of $200,000 in machinery and working capital. The total sales volume over the product's life will be 5,000 units. The forecast costs per unit throughout the product's life are as follows:

                                          The product is required to earn a return on investment of 35%.
                                          What unit selling price needs to be achieved?

                                          A) $44.55
                                          B) $47.00
                                          C) $50.77
                                          D) $54.00


                                          Solutions:

                                          Question # 1
                                          Answer: B
                                          Question # 2
                                          Answer: B
                                          Question # 3
                                          Answer: D
                                          Question # 4
                                          Answer: D,E
                                          Question # 5
                                          Answer: A

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