Question 1

Which of the following statements about batch costing is true?

ABatch costing must use absorption costing.

BThe cost of a batch is found by multiplying the cost of one unit by the number of units in the batch.

CBatch costing must use marginal costing.

DThe cost of a unit is found by dividing the cost of a batch by the number of units in the batch.

Answer : D

https://www.acowtancy.com/textbook/acca-ma/c3-cost-accounting-methods/c3ai-job-and-batch-costing/notes

Question 2

Which of the following is NOT a valid purpose of budgeting?

ATo communicate targets to managers.

BTo comply with financial reporting requirements.

CTo coordinate the different activities of an organisation.

DTo authorise managers to incur expenditure.

Answer : D

https://www.acowtancy.com/textbook/acca-pm/budgetary-systems/budgetary-systems/notes

Question 3

Which of the following is a valid definition of a cash budget?

AA detailed budget of estimated cash inflows and outflows incorporating both revenue and capital items.

BA detailed budget of estimated cash inflows only, incorporating receipts from cash sales as well as from credit customers.

CA detailed budget of estimated cash inflows and outflows incorporating revenue items only.

DA detailed budget of estimated cash outflows only, incorporating both depreciation and capital expenditure.

Answer : C

https://www.acowtancy.com/textbook/acca-ma/d2-budget-preparation/cash-budgets/notes

Question 4

Based upon extensive historical evidence, a company's daily sales volume is known to be normally distributed with a mean of 1,728 units and a standard deviation of 273 units.

What is the probability that, on any one day, the sales volume will be at least 1,300 units?

A5.82%

B73.89%

C44.18%

D94.18%

Answer : D

Question 5

Which THREE of the following are included in the Global Management Accounting Principles? (Choose three.)

AAccountability

BInfluence

CValue

DProfessional behaviour

ERelevance

FIntegrity

Answer : B, C, E

https://www.cgma.org/resources/reports/globalmanagementaccountingprinciples/about-the-principles.html#?tab-1=3

Free Practice Questions for CIMAPRA17-BA2-1 Exam

Question 1

Question 2

Question 3

Question 4

Question 5