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CPA MA Exam With Confidence Using Practice Dumps

Exam Code:
MA
Exam Name:
Management Accounting
Certification:
Vendor:
Questions:
80
Last Updated:
Jan 6, 2025
Exam Status:
Stable
CPA MA

MA: CPA Other Certification Exam 2024 Study Guide Pdf and Test Engine

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Management Accounting Questions and Answers

Question 1

Which of the following items can berecognizedas intangible assets in an entity’s financial statements?

i) Internally generated goodwill

ii) Purchased goodwill

iii) Reputation

Options:

A.

(i) only

B.

(ii) only

C.

(iii) only

D.

(i), (ii) and (iii)

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Question 2

A division manufacturing a single product which sells for $325 has the following unit cost structure:

$

Direct materials95

Directlabor78

Variable overheads56

Share of fixed costs45

Total cost274

In the coming period, the budgeted production volume is 10,000 units.

What is the budgeted breakeven sales volume (to the nearest unit)?

Options:

A.

1,385 units

B.

4,688 units

C.

8,824 units

D.

10,000 units

Question 3

Which of the following comments about sales price is correct?

Options:

A.

Market penetration will normally be achieved by a low price on initial entry to the market

B.

Market skimming will lead to a constant price throughout the product’s life

C.

Cost plus pricing will lead to profit beingmaximized

D.

A target cost price will generate profit immediately following market entry