F2 (MA/FMA) – Chapter 01 – PART A – CBE MCQs – ACCA

These are ACCA F2 (MA/FMA) Management Accounting MCQs for Part-A of the Syllabus “The nature, source and purpose of management information”.

These MCQs are designed in a way that students could better understand the exam format and get used to practice online. This approach will reduce exam stress and enable students to prepare better.

We request the students, Not to solve the MCQs until they have learned and finished the entire F2 (MA/FMA) Management Accounting Chapter 1 – Accounting for management and Syllabus Area Part-A “The nature, source and purpose of management information”.

All the questions are compulsory, so do not skip any.

INFORMATION ABOUT THESE MCQs Test

Course: ACCA – Associations of Chartered Certified Accountants
Fundamental Level: Knowledge, FIA – Foundation in Accounting
Subject: Management Accounting
Paper: F2 – MA/FMA
Chapter: Accounting for management
Chapter Number: 01 of the Practice and Exam Kit
Syllabus Area: A – The nature, source and purpose of management information
Questions Type: CBE MCQs
Exam Section Type: Section A

Number of the Questions

These Multiple Choice Questions (MCQs) contains 10 Questions that covers the Syllabus Area Part A of the Syllabus; The nature, source and purpose of management information of ACCA F2 (MA/FMA) Management Accounting Module.

Time

These multiple-choice questions (MCQs) are not timed, allowing students to solve them without feeling any pressure and to pay proper attention to the questions.

Result

Students can see their result at the end of the test. They can also be able to see the number of correct and wrong questions. Moreover, the explanation of wrong questions.

Types of Questions

MCQs: Choose one from the given options.
Multiple choice: Choose all those answers which seems to you correct/ or incorrect, as per the requirement of the question. Keep your eye on the wording “(select all those which are correct/ or incorrect)“.
Drop down: Select from the list provided.
Type numbers: Type your answer in numbers as per the requirement of the question.


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F2 - Chapter 1 - Part A - MCQs

Course: ACCA - FIA
Subject:
F2 (MA/FMA) Management Accounting
Chapter: 01 - Accounting for management
Syllabus Area: A - The nature, source and purpose of management information
Exam Section: Section A
Questions type: MCQs
Time: No Time Limit

INSTRUCTIONS

  1. If you are using mobile, turn on the mobile rotation and solve the MCQs on wide screen for better experience.

REQUEST

  1. Please rate the quiz and give us a feedback once you completed the quiz.
  2. Share with ACCA students on social media such as, Facebook Groups, Whatsapp, Telegram, etc.

1 / 10

Which TWO of the following would be data rather than information?

2 / 10

Use the drop down list to select which of the following processes occurs at the business planning stage.

3 / 10

The sales manager has prepared a manpower plan to ensure that sales quotas for the forthcoming year are achieved.

This is an example of what type of planning?

4 / 10

Which of the following statements is/are correct?

  1. A management control system is a term used to describe the hardware and software used to drive a database system which produces information outputs that are easily assimilated by management.
  2. An objective is a course of action that an organisation might pursue in order to achieve its strategy.
  3. Information is data that has been processed into a form meaningful to the recipient.

5 / 10

Good information should have certain qualities.

Which TWO of the following are required as qualities of good management information?

6 / 10

Monthly variance reports are an example of which one of the following types of management information?

7 / 10

Which of the following statements is correct?

8 / 10

Which TWO of the following statements about qualities of good information are true?

9 / 10

Which TWO of the following statements about management accounting information are true?

10 / 10

Which of the following statements is/are correct?

  1. Information for decision-making should incorporate uncertainty in some way.
  2. The data used to prepare financial accounts and management accounts are the same.

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