CIMA BA2 Certification Exam Questions with AI Explanations

QUESTION: 76 Exam Topic: 1, Exam Pool A

Refer to the exhibit.

DS is manufacturing company that uses an integrated accounting system. The following payroll data is available for the month of August:

The Employers' National Insurance for the period was $13,790. An analysis of the wages is as follows:

Which of the following factors affect the budgeted cash flow:

(a) Funds from the issue of share capital

(b) Bank Interest on a long term loan

(c) Depreciation on fixed assets

(d) Bad debt write off

Factors (a), (b), (c) and (d)
Factors (a) and (b) only
Factor (a) only
Factors (b), (c) and (d) only

Answer(s): B

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QUESTION: 77 Exam Topic: 1, Exam Pool A

CORRECT TEXT

A company currently allows a discount of 10% to customers who pay at the time of purchase. If 20% of customers pay immediately, the extra sales needed in July to increase the cash receipts in that month by £9,000 are:

£50001

Answer(s): A

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QUESTION: 78 Exam Topic: 1, Exam Pool A

Which THREE of the following are characteristics of job costing?

It is appropriate where homogeneous products are manufactured
It is only appropriate in manufacturing environments
Costs are traced to separately identifiable cost units
It cannot be applied in a public sector or not for profit organization
A separate work in progress account is maintained for each cost unit
It is a specific order costing system

Answer(s): C,E,F

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QUESTION: 79 Exam Topic: 1, Exam Pool A

Refer to the exhibit.

Data for October's budget for product Quest for the month of October are given below:

Each unit of Quest requires 6kg of raw materials. Strict quality control procedures are applied to the manufacturing process and normal rejection levels are 5% of finished units.

The raw materials purchases budget for the month of October is: