Fundamentals of management accounting: BA2 Exam
"Fundamentals of management accounting", also known as BA2 exam, is a CIMA Certification. With the complete collection of questions and answers, PrepPDF has assembled to take you through 392 Q&As to your BA2 Exam preparation. In the BA2 exam resources, you will cover every field and category in CIMA Business Accounting Certification helping to ready you for your successful CIMA Certification.
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- Exam Code: BA2
- Exam Name: Fundamentals of management accounting
- Certification Provider: CIMA
- Corresponding Certification: CIMA Business Accounting
- Updated: Sep 10, 2026
- No. of Questions: 392 Questions & Answers with Testing Engine
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CIMA BA2 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Costing | 25% | - Overhead allocation, apportionment and absorption - Marginal and absorption costing - Cost classification and behaviour - Cost estimation techniques - Job, batch, process and service costing |
| The Context of Management Accounting | 10% | - Role of CIMA and professional ethics - Global Management Accounting Principles - Role and purpose of management accounting - Characteristics of useful financial information |
| Decision Making | 35% | - Risk and uncertainty analysis - Pricing decisions - Investment appraisal techniques - Relevant costing for short-term decisions - Cost-volume-profit analysis |
| Planning and Control | 30% | - Standard costing and variance analysis - Budgeting methods and techniques - Budgeting concepts and preparation - Performance measurement and reporting |
CIMA Fundamentals of management accounting Sample Questions:
Refer to the exhibit.
A machine costing $47,000 will generate the following accounting profits:
The annual charge for depreciation is $9,000.
The payback period for the investment in the machine is closest to:
- A. 2 years 5 months
- B. 1 year 8 months
- C. 1 year 10 months
- D. 3 years 3 months
Refer to the exhibit.
A company operates a process costing system. The following data relates to Process X for the month of September.
Normal loss is 5% of input and all losses occur at the end of the process.
The number of equivalent units, using an average cost basis of valuation, was:
Materials:
44117
Overhead apportionment is best described as:
- A. The identification of costs specifically attributable to a particular cost centre
- B. The identification of overhead cost variances
- C. The process of sharing costs amongst two or more cost centers
- D. The charging of overheads to cost units produced
If the fixed costs are increased, the point at which the line plotted on a profit/volume (PV) graph cuts the horizontal axis will:
- A. Stay the same
- B. Move to the right
- C. Double
- D. Move to the left
A company uses an integrated accounting system.
The accounting entries for the issue of direct materials to production would be:
- A. Debit: cost of sales control account
Credit: raw material control account - B. Debit: raw material control account
Credit: production overhead control account - C. Debit: raw material control account
Credit: work in progress control account - D. Debit: work in progress control account
Credit: raw material control account
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