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Most Recent CIMAPRA17-BA2-1 Exam Questions & Answers


Prepare for the CIMA BA2 - Fundamentals of Management Accounting exam with our extensive collection of questions and answers. These practice Q&A are updated according to the latest syllabus, providing you with the tools needed to review and test your knowledge.

QA4Exam focus on the latest syllabus and exam objectives, our practice Q&A are designed to help you identify key topics and solidify your understanding. By focusing on the core curriculum, These Questions & Answers helps you cover all the essential topics, ensuring you're well-prepared for every section of the exam. Each question comes with a detailed explanation, offering valuable insights and helping you to learn from your mistakes. Whether you're looking to assess your progress or dive deeper into complex topics, our updated Q&A will provide the support you need to confidently approach the CIMAPRA17-BA2-1 exam and achieve success.

The questions for CIMAPRA17-BA2-1 were last updated on Nov 18, 2024.
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Question No. 1

Which of the following statements regarding variances is valid?

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Question No. 2

Refer to the exhibit.

In an integrated cost and financial accounting system, the accounting entries for factory overhead absorbed would be:

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Correct Answer: A

Question No. 3

Refer to the exhibit.

SP, a manufacturing company, uses a standard costing system. The standard variable production overhead cost is based on the following budgeted figures for the year:

During the month of September, 5,300 actual hours were worked and 5,600 standard hours of output were produced. Total variable production overhead costs in September were $8,600.

What was the variable overhead efficiency variance in September?

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Correct Answer: D

Question No. 4

The standard material content of 1 unit of PAJ is 200 (8Kg at 25 per Kg).

During Period 5, 1300 Kg of materials were purchased at a total cost of 35500 and were used to produce 160 units of PAJ.

What was the materials usage variance for Period 5?

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Correct Answer: C

Question No. 5

Refer to the exhibit.

Which is the correct journal entry required to record an adverse labour rate variance in an integrated accounting system?

The correct journal entry required to record an adverse labour rate variance in an integrated accounting system is:

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Correct Answer: A

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