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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
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
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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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