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CIMA Updated BA2 Exam Questions and Answers by dulcie

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CIMA BA2 Exam Overview :

Exam Name: Fundamentals of management accounting
Exam Code: BA2 Dumps
Vendor: CIMA Certification: CIMA Certificate
Questions: 392 Q&A's Shared By: dulcie
Question 8

Refer to the exhibit.

Questions 8

Xpert Ltd uses a standard costing system and therefore values all inventory at standard cost. During period 7, the price paid for material 'Z' was £2 per kg more than the standard price.

The following information for material 'Z' relates to period 7:

What was the material price variance for 'Z' in period 7?

Options:

A.

£2 adverse

B.

£40 adverse

C.

£400 adverse

D.

£500 adverse

Discussion
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Question 9

Refer to the exhibit.

Questions 9

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 $)

Options:

Discussion
Question 10

Which of the following is not a relevant cost?

Options:

A.

Sunk cost

B.

Incremental cost

C.

Avoidable cost

D.

Differential cost

Discussion
Question 11

An increase in variable costs per unit, where selling price and fixed costs remain constant, will result in which of the following:

Options:

A.

A fall in the number of units required to break-even

B.

A decrease in the profit/volume ratio

C.

An increase in the margin of safety

D.

An increase in the contribution per unit

Discussion
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