CIMA BA2 actual dump : Fundamentals of management accounting

BA2
  • Exam Code: BA2
  • Exam Name: Fundamentals of management accounting
  • Updated: Oct 01, 2026
  • Q & A: 392 Questions and Answers

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CIMA BA2 Exam Syllabus Topics:

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

CIMA Fundamentals of management accounting Sample Questions:

Question #1

The following is an extract from a budgetary control report for the latest period:

The budget variance for prime cost is:

  • A. $3,340 adverse
  • B. $18,580 adverse
  • C. $3,260 adverse
  • D. $3,260 favourable
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #2

Refer to the exhibit.

A project is forecast to generate the following cash flows.
Using three decimal places in all discount factors, the net present value (NPV) for the project at a cost of capital of 14.5% is (to the nearest $)

Reveal Solution  Discussion  0

Correct Answer:

$7616

Question #3

Refer to the exhibit.

The following data relates to Department A within a business unit.
The overhead absorption rate per direct labour hour for Department A is:
Give your answer to 2 decimal places.

Reveal Solution  Discussion  0

Correct Answer:

£7.93

Question #4

Refer to the exhibit.

A company issued its production budget based on an anticipated output of 2000 units. The actual output for the period was 1500 units. The details of the costs are shown below:
What was the budget expenditure variance?

  • A. £17,000 favourable
  • B. £4,500 favourable
  • C. £4,500 adverse
  • D. £18,000 adverse
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #5

Refer to the exhibit.

A company has the following budget information for next year:
The budgeted profit for the year is

  • A. $76,600
  • B. $81,200
  • C. $72,400
  • D. $85,400
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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