CIMA BA2 : Fundamentals of management accounting

  • Exam Code: BA2
  • Exam Name: Fundamentals of management accounting
  • Updated: Jun 01, 2026
  • Q & A: 392 Questions and Answers

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CIMA Fundamentals of management accounting Sample Questions:

1. Refer to the Exhibit.

Zepher Ltd. manufactures three products, which require the same type of machine. The following fixed cost and profit per unit is available:

In a period in which machine hours are in short supply, which of the following options is the rank order of production?
Answer is:

A) Option C
B) Option A
C) Option B
D) Option D


2. What is the purpose of performing an NPV?

A) It is a project appraisal technique that calculates a project's contribution to the wealth of the company.
B) It is technique that calculates the present value of all company assets in case of liquidation.
C) It allows the company to decide which departments will benefit the most from investment.


3. The wages of a machine operator who is paid by the hour would be described as A.

A) Fixed cost
B) Variable cost
C) Semi-variable cost
D) Stepped fixed cost


4. Refer to the exhibit.

Budget information for 'Crome Ltd' is as follows:
The budgeted cost allowance for the sale of 1000 units would be:

A) £25,846
B) £48,000
C) £32,000
D) £30,000


5. Data for the latest period for a company which makes and sells a single product are as follows:

There were no budgeted or actual changes in inventories during the period.
The sales volume contribution variance for the period was:

A) $5,666 adverse.
B) $9,267 adverse.
C) $6,220 adverse.
D) $16,000 adverse.


Solutions:

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

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