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BA2 Exam Dumps : Fundamentals of Management Accounting

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Fundamentals of Management Accounting Questions and Answers

Question 1

Which one of the following is an advantage of business partnering roles for the management accounting function within an organisation?

Options:

A.

The management accountant is more likely to be focused on the objectives of the organisation as a whole

B.

Communications are improved between the managers and the management accountant

C.

Costs are reduced

D.

Management accounting practices are more likely to be consistent throughout the organisation

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Question 2

Refer to the exhibit.

SL manufactures a single product, the cost and selling price of which are given below:

Fixed overheads per unit are based on a budgeted production volume of 25,000 units.

Budgeted sales are assumed to be 25,000 units.

If all costs increase by 5% but selling price remains the same, by how much must sales change from the budgeted volume to achieve the same budgeted profit?

Options:

Question 3

In a company's sales ledger department, one additional invoice clerk is needed for every eighty customers added to the customer database. The total salary cost of invoice clerks is best described as:

Options:

A.

a variable cost

B.

a semi-variable cost

C.

a fixed cost

D.

a step cost