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

CIMAPRO17-BA2-X1-ENG pass collection

Exam Code: CIMAPRO17-BA2-X1-ENG

Exam Name: BA2 – Fundamentals of Management Accounting Question Tutorial

Updated: Jul 23, 2026

Q & A: 60 Questions and Answers

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

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

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

                                          1. Based upon extensive historical evidence, a company's daily sales volume is known to be normally distributed with a mean of 1,728 units and a standard deviation of 273 units.
                                          What is the probability that, on any one day, the sales volume will be at least 1,300 units?

                                          A) 5.82%
                                          B) 73.89%
                                          C) 44.18%
                                          D) 94.18%


                                          2. The staffing policy for a supermarket is to have one cashier station open for every forecasted 20 customers per hour. Cashiers are hired by the hour as and when required, and do not perform any other duties.
                                          The cost of the cashiers in relation to the number of customers would be classified as which type of cost?

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


                                          3. 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) $462 adverse.
                                          B) $462 favourable.
                                          C) $2,202 adverse.
                                          D) $2,202 favourable.


                                          4. 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) 2 years 8 months
                                          D) 1 year 7 months


                                          5. A project is about to be launched. Two of the three possible outcomes and their associated probabilities are as follows:

                                          The remaining possible outcome is a $70,000 gain.
                                          What is the correct calculation of the expected value of the project?

                                          A) ($30,000 x 0.7) + ($70,000 x (1.0 - (0.2 + 0.7))) - ($25,000 x 0.2)
                                          B) ($30,000 + $70,000 - $25,000) / 3
                                          C) ($30,000 + $70,000 - $25,000) x (0.7 + (1.0 - (0.2 + 0.7)) + 0.2)
                                          D) ($30,000 x 0.7) + ($70,000 x (1.0 - (0.2 + 0.7))) + ($25,000 x 0.2)


                                          Solutions:

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

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