CIMA Fundamentals of management accounting : BA2

  • Exam Code: BA2
  • Exam Name: Fundamentals of management accounting
  • Updated: Sep 11, 2026
  • Q & A: 392 Questions and Answers

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CIMA BA2 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: The Context of Management Accounting10%- Purpose of management accounting and the role of the management accountant
  • 1. Need for management accounting
  • 2. Functions of management accounting
  • 3. Role of the management accountant
- Professional ethics and CIMA
  • 1. Role of CIMA
  • 2. Professional and ethical responsibilities
Topic 2: Costing25%- Costing techniques
  • 1. Marginal costing
  • 2. Absorption costing
  • 3. Cost behaviour analysis
- Cost identification and classification
  • 1. Fixed, variable and semi-variable costs
  • 2. Relevant and irrelevant costs
  • 3. Direct and indirect costs
Topic 3: Planning and Control30%- Performance measurement and control
  • 1. Non-financial performance measures
  • 2. Variance analysis
  • 3. Financial performance measures
- Management reporting
  • 1. Interpretation of management information
  • 2. Preparation of management reports
- Budgeting
  • 1. Cash budgeting
  • 2. Preparation of budgets
  • 3. Budgetary control
Topic 4: Decision Making35%- Long-term decision making
  • 1. Investment appraisal principles
  • 2. Relevant cash flow analysis
- Risk and uncertainty
  • 1. Risk assessment techniques
  • 2. Sensitivity considerations
- Short-term decision making
  • 1. Break-even analysis
  • 2. Contribution analysis
  • 3. Limiting factor analysis

CIMA Fundamentals of management accounting Sample Questions:

Question #1

Refer to the exhibit.

Xey Ltd. has the following budgeted information for product T4 in July:
The actual results for July were as follows:

What is the total sales margin variance?

  • A. £36,000 favourable
  • B. £35,000 favourable
  • C. £36,000 adverse
  • D. £35,000 favourable
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #2

Refer to the exhibit.

A company has the following budget information for next year:
The raw materials usage budget for the years is:

Reveal Solution  Discussion  0

Correct Answer:

$170800

Question #3

Refer to the exhibit.

JB Limited pays 60% of invoices for goods purchased on credit, in the month after purchase. The remaining
40% are paid a month later.
Invoices are received on the last day of each month. Invoices paid in the month following purchase attract a prompt payment discount of 2%, whilst those paid in the second month attract only a 1% discount.
Credit purchases for April to June are budgeted as follows:
The amount budgeted to be paid for credit purchases in June is:

Reveal Solution  Discussion  0

Correct Answer:

£27535

Question #4

When compiling profit statement using a marginal costing system we must calculate the contribution. Once we have the contribution, we must deduct a specific amount to calculate the profit. Which of these values should we NOT deduct? (Select ALL that apply.)

  • A. Fixed costs
  • B. Selling price
  • C. Cost of goods sold
Reveal Solution  Discussion  0

Correct Answer: B,C  🗳️

Question #5

A flat letting company analyses its costs by individual property. Which of the following costs would be considered an indirect cost of the property?

  • A. Council tax payable on vacant premises
  • B. Property maintenance costs
  • C. Solicitor's fees for collection of unpaid rent
  • D. Rent of office premises
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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