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

CIMAPRO17-BA2-X1-ENG real exams

Exam Code: CIMAPRO17-BA2-X1-ENG

Exam Name: BA2 – Fundamentals of Management Accounting Question Tutorial

Updated: Sep 23, 2026

Q & A: 60 Questions and Answers

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

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

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

                                          Question #1

                                          The following is an extract from a budgetary control report for the latest period:

                                          The budget variance for prime cost is:

                                          • A. $18,580 adverse
                                          • B. $3,260 adverse
                                          • C. $3,340 adverse
                                          • D. $3,260 favourable
                                          Reveal Solution  Discussion  0

                                          Correct Answer: A  🗳️

                                          Question #2

                                          A company's policy is to hold closing inventory each month equal to 10% of the next month's budgeted sales volume. The budgeted sales volumes of product Q for months 1 and 2 are 1,660 units and 2,300 units respectively.
                                          The production budget for product Q for month 1 is:

                                          • A. 1,494 units
                                          • B. 1,596 units
                                          • C. 1,890 units
                                          • D. 1,724 units
                                          Reveal Solution  Discussion  0

                                          Correct Answer: A  🗳️

                                          Question #3

                                          The year-to-date results at the end of month 9 included sales revenue of $3,600,000 and variable costs of
                                          $2,100,000.
                                          During month 10, sales revenue was $450,000 and variable costs were $270,000.
                                          What year-to-date contribution to sales ratio (C/S ratio) would be reported at the end of month 10?

                                          • A. 41,5%
                                          • B. 40,0%
                                          • C. 58,5%
                                          • D. 70,9%
                                          Reveal Solution  Discussion  0

                                          Correct Answer: C  🗳️

                                          Question #4

                                          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. objectivity.
                                          • C. integrity.
                                          • D. professional competence and due care.
                                          Reveal Solution  Discussion  0

                                          Correct Answer: B  🗳️

                                          Explanation: Only visible for TrainingDumps members. You can sign-up / login (it's free).

                                          Question #5

                                          Which THREE of the following are parts of the master budget? (Choose three.)

                                          • A. Sales budget.
                                          • B. Budgeted statement of profit or loss.
                                          • C. Budgeted statement of financial position.
                                          • D. Administration overhead budget.
                                          • E. Cash flow budget.
                                          • F. Finished goods inventory budget.
                                          Reveal Solution  Discussion  0

                                          Correct Answer: B,C,E  🗳️

                                          Explanation: Only visible for TrainingDumps members. You can sign-up / login (it's free).

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