CIMA Fundamentals of management accounting : BA2

Exam Code: BA2

Exam Name: Fundamentals of management accounting

Updated: Jul 29, 2026

Q & A: 392 Questions and Answers

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About CIMA Fundamentals of management accounting : BA2 Exam

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BA2 exam dumps

CIMA BA2 Exam Syllabus Topics:

SectionObjectives
Topic 1: Budgeting and Planning- Introduction to budgeting
- Basic forecasting techniques
Topic 2: Costing Methods- Process costing basics
- Overhead allocation and absorption costing
- Job costing and batch costing
Topic 3: Cost Classification and Behaviour- Cost behaviour patterns and analysis
- Fixed, variable, and semi-variable costs
Topic 4: Cost Accounting Fundamentals- Introduction to management accounting
- Role and purpose of cost accounting

CIMA Fundamentals of management accounting Sample Questions:

1. During Period 8, 120kgs of material 'X' was purchased for a total cost of £1,920. This resulted in a materials price variance of £240 adverse.
What was the standard price per kg of Material 'X'?


2. Refer to the exhibit.

A company manufactures three components on the same machine, on which there is spare capacity. An external supplier has offered to supply all of the company's requirements of the components. Data for the components are as follows:
Which components should be purchased from the external supplier?

A) Components Y and Z
B) Components X and Z
C) Components X, Y and Z
D) Component X only


3. Which one of the following is an advantage of placing the management accounting function within a centralized finance department?

A) Costs are reduced
B) The management accounting function is an integral part of the business
C) Communications are improved between the managers and the management accountant
D) The management accountant obtains better knowledge of specific parts of the business


4. 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) Move to the left
D) Double


5. The Chartered Institute of Management Accounting's definition of management accounting outlines four responsibilities of the accountant in terms of the value for the stakeholders. The management accountant should aim to have which of the following effects according to CIMA?

A) Increase value for the stakeholder
B) Preserve value for the stakeholder
C) Decrease value for the stakeholder
D) Damage value for the stakeholder
E) Create value for the stakeholder
F) Protect value for the stakeholder


Solutions:

Question # 1
Answer: Only visible for members
Question # 2
Answer: A
Question # 3
Answer: A
Question # 4
Answer: B
Question # 5
Answer: A,B,E,F

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