CIMA BA2 – Fundamentals of Management Accounting Question Tutorial - CIMAPRO17-BA2-X1-ENG Exam Practice Test
In responsibility accounting, costs and revenues are grouped according to:
Correct Answer: A
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Which of the following is NOT a characteristic of useful operational level information?
Correct Answer: B
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Which of the following is a valid definition of a cash budget?
Correct Answer: D
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Which of the following statements relating to risk and uncertainty is correct?
Correct Answer: A
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A company uses an integrated accounting system. The following data relate to the latest period.
At the end of the period, the entry in the production overhead control account in respect of under or over absorbed overheads will be:
At the end of the period, the entry in the production overhead control account in respect of under or over absorbed overheads will be:
Correct Answer: A
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A company that uses standard costing wishes to reconcile the difference between the profit for a period calculated using absorption costing with that calculated using marginal costing.
Which TWO of the following will NOT help with this reconciliation? (Choose two.)
Which TWO of the following will NOT help with this reconciliation? (Choose two.)
Correct Answer: A,C
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