CIMA Updated BA2 Exam Questions and Answers by harun

A budget for fixed overheads

A budget which shows costs and revenues at different levels of activity

A budget which shows costs and revenues for a single level of activity

A budget prepared on a continuous basis

$27,200 adverse

$500 favorable

$26,700 adverse

$4,500 favorable

Analyse the adverse variance before implementing a solution.

Predict issues before they arise and attempt to prevent them.

Acknowledge adverse variances will occur and does nothing to prevent them.

A full share of the process costs on the same basis as good production

Scrap value only

Nil value

A full share of the process cost minus the scrap value of the normal loss