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

CIMAPRO17-BA2-X1-ENG Exam Simulator
  • Exam Code: CIMAPRO17-BA2-X1-ENG
  • Exam Name: BA2 – Fundamentals of Management Accounting Question Tutorial
  • Updated: Sep 10, 2026
  • Q & A: 60 Questions and Answers

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

SectionWeightObjectives
Decision Making35%- Risk and uncertainty in decision making
- Relevant costing for short-term decisions
- Cost-volume-profit analysis
- Pricing decisions
- Capital investment appraisal
Costing25%- Cost classification and behaviour
- Process costing and joint products
- Absorption and marginal costing
- Activity-based costing
- Materials, labour and overhead costing
The Context of Management Accounting10%- Business environment and organizational structure
- CIMA code of ethics
- Comparison with financial accounting
- Role of management accounting
Planning and Control30%- Variance analysis
- Budgeting concepts and preparation
- Reporting for control and performance measurement
- Flexible budgets and standard costing

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

Question #1

A company that uses standard costing wishes to reconcile the difference between the profit for a period calculated using absorption costing with that calculated using marginal costing.
Which TWO of the following will NOT help with this reconciliation? (Choose two.)

  • A. The closing inventory.
  • B. The actual fixed production overheads.
  • C. The opening inventory.
  • D. The under or over absorbed fixed production overheads.
  • E. The fixed production overhead absorption rate.
Answer: B,E
Question #2

A company is considering investing $57,000 in a machine that will last for five years, after which time it will have no value. The machine will generate additional revenue of $190,000 each year. Annual running costs, including depreciation of $11,400 will amount to $168,400.
Assuming that all cash flows occur evenly, the payback period of the investment in the machine is closest to:

  • A. 1 year 9 months
  • B. 2 years 6 months
  • C. 1 year 7 months
  • D. 2 years 8 months
Answer: C
Question #3

The possible returns and associated probabilities of two independent projects are as follows:

It has been decided that both projects are to be launched.
Which TWO of the following statements are correct? (Choose two.)

  • A. The expected value of the total return is $41,500 gain.
  • B. The probability of making a total return of exactly $5,000 gain is 0.02.
  • C. The expected value of the total return is $40,000 gain.
  • D. The probability of the total return being a gain is less than 1.00.
  • E. The probability of the total return being a loss is 0.10.
Answer: D,E
Question #4

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 variable overhead expenditure variance for the period was:

  • A. $2,202 adverse.
  • B. $2,202 favourable.
  • C. $462 adverse.
  • D. $462 favourable.
Answer: C
Question #5

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. $46.20
  • B. $55.00
  • C. $45.00
  • D. $37.80
Answer: A

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