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CIMA BA2 real answers - Fundamentals of management accounting

BA2
  • Exam Code: BA2
  • Exam Name: Fundamentals of management accounting
  • Updated: Sep 10, 2025
  • Q & A: 392 Questions and Answers
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CIMA Fundamentals of management accounting Sample Questions:

1. Which of the following statements about CIMA's role in relation to its students is correct?
i. CIMA's professional conduct staff process complaints made against CIMA students ii. Students are not governed by CIMA's code of ethics until they become registered CIMA members iii. Students may consult CIMA about situations in their work place that appear to conflict with CIMA's code of ethics iv. Once students have passed all of the CIMA exams they may use the designatory letters ACMA

A) (i), (iii) and (iv)
B) (i), (ii) and (iv)
C) (i) and (iii)
D) (iii) and (iv)


2. Relevant costs for decision making are.

A) Future costs which will be affected by the decision
B) Past costs incurred
C) Unavoidable costs
D) Variable costs only


3. A company has three production departments X, Y and Z, and one service department.
The service department's overhead has been apportioned to the production departments in the ratio 3:2:5. As a result of this apportionment, $2,070 was given to Department Y.
What is the amount of service department overhead that would have been apportioned to Department Z?
Give your answer to the nearest dollar.


4. C Ltd produces a chemical in a single process. Information for this process last month is as follows:
(a) Opening work in progress - 10000 kg valued at £10000 for direct material and £7500 for conversion costs.
(b) Materials input - 25000 kg at £1.10 per kg.
(c) Conversion costs - £17000
(d) Output during the month - 23000 kg.
(e) There were 7500 units of closing work in progress which was complete as to materials and 30% complete as to conversion.
(f) Normal loss for the month was 10% of input and all losses have a scrap value of 80p per kg.
What was the average cost per kg of finished output during the month?

A) £1.78
B) £1.90
C) £1.99
D) £1.10


5. Which of the following statements are true of Risk? Select ALL that apply.

A) The future outcome is completely unknown.
B) Risks are always worth taking.
C) Various outcomes are expected but their probabilities are unknown.
D) The outcomes are quantifiable.
E) There is no previous experience to base predictions on.
F) Risks are never worth taking.


Solutions:

Question # 1
Answer: C
Question # 2
Answer: A
Question # 3
Answer: Only visible for members
Question # 4
Answer: C
Question # 5
Answer: C,D

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