F2 (MA/FMA) – Chapter 02a – 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 2a – Sources of data 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: Sources of data
Chapter Number: 02a 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 6 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 2a - Part A - MCQs

Course: ACCA - FIA
Subject:
F2 (MA/FMA) Management Accounting
Chapter: 2a - Sources of data
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 / 6

Government statistics can be a useful source of data and information.

Which of the following types of data in the drop down list is most likely to be obtained from government statistics?

2 / 6

Which of the following statements are TRUE?

  1. One of the uses of exploiting big data analytics for profit making organisations is to lead to increased profit margins.
  2. One of the uses of exploiting big data analytics in non profit-seeking organisations is to lead to reduced costs.
  3. Big data analytics show correlation and causation between variables.

3 / 6

Which of the following statements are TRUE?

  1. Big data analytics allows businesses to analyse and reveal insights in data which they have previously been unable to analyse.
  2. In order for organisations to analyse big data and to gain insights from it, the source data needs to be structured within a software package.
  3. One of the key features of big data is the speed with which data flows into an organisation, and with which it is processed.

4 / 6

Which TWO of the following statements regarding different types of data are true?

5 / 6

Which of the following statements concerning Big Data analytics is correct?

6 / 6

Which TWO of the following are primary sources of data?

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