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CPA MA Actual Tests : Management Accounting

About Best CPA MA Exam Practice Material

From a free demo to 365 days of updates and a 60-day money back guarantee, Actual4test covers every step of your MA preparation in 2026. 80 CPA Management Accounting practice questions are ready the moment you are.

CPA MA Exam Overview:

Certification Vendor:ACCA
Exam Name:Management Accounting
Exam Number:MA (formerly FMA/F2)
Exam Duration:120 minutes
Exam Price:Approx. £85–£115 / $105–$140 USD (varies by region)
Exam Format:Objective Test Questions (OTQs), Multi-Task Questions (MTQs), Computer-Based Exam (CBE)
Certificate Validity Period:Indefinite while progressing through ACCA qualification
Passing Score:50%
Related Certifications:Financial Accounting (FA)
Management Information (MA1)
Business and Technology (BT)
Managing Costs and Finance (MA2)
Available Languages:Chinese, Polish, Russian, English
Real Exam Qty:38 (35 OTQs + 3 MTQs)
Recommended Training:ACCA Approved Learning Partners
Official ACCA Study Guide
Exam Registration:myACCA Registration & Booking
Sample Questions:CPA MA Sample Questions
Exam Way:On-demand computer-based exam at ACCA-approved test centres or remotely
Pre Condition:No formal prerequisites; open entry for ACCA/FIA students
Official Syllabus URL:https://www.accaglobal.com/student/en/exam-support-resources/fundamentals-exams-study-resources/ma.html

CPA MA Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: G. Performance Measurement15%- Reporting performance
- Financial and non-financial performance indicators
- Divisional performance and transfer pricing
Topic 2: C. Business Mathematics and Statistical Techniques15%- Correlation and regression analysis
- Probability and expected values
- Mathematical techniques
Topic 3: F. Standard Costing and Variance Analysis15%- Interpretation and reporting of variances
- Standard costing principles
- Calculation of variances
Topic 4: A. The Nature, Source and Purpose of Management Information15%- Presenting information
- Accounting for management
- Sources of data
Topic 5: B. Cost Classification, Behaviour and Purpose20%- Classification of costs
- Cost estimation techniques
- Cost behaviour
Topic 6: D. Cost Accounting Techniques20%- Process costing and joint products
- Overhead costing and absorption
- Material and labour costing
- Marginal and absorption costing
Topic 7: E. Budgeting15%- Nature and purpose of budgets
- Flexible budgeting
- Budget preparation techniques

CPA Management Accounting: Your Questions, Answered

The MA exam (Management Accounting) is the official CPA exam that leads to the ACCA Applied Knowledge / Foundations in Accountancy certification, a credential at the Applied Knowledge / Entry Level level. Related certifications include Business and Technology (BT), Financial Accounting (FA), Management Information (MA1), Managing Costs and Finance (MA2). Actual4test provides 80 practice questions to help you prepare for it with confidence.

The MA exam contains 38 (35 OTQs + 3 MTQs) questions and gives you 120 minutes to finish them. Before exam day, divide the total time by the question count so you know the pace you need to keep, and flag difficult items instead of getting stuck on them. Running at least one full timed session in the Actual4test test engine is the best way to make that time pressure feel familiar.

You need 50% to pass, and the official registration fee is Approx. £85–£115 / $105–$140 USD (varies by region). Keep in mind that a failed attempt means paying that fee in full again, so it pays to test yourself first. When your scores on the Actual4test timed practice tests stay consistently above the passing line, you are ready to book the exam.

No formal prerequisites; open entry for ACCA/FIA students Requirements can change over time, so always double-check the latest eligibility rules before you register on the official CPA exam page.

You can book your exam through the official registration channels:

The exam is delivered in the following way: On-demand computer-based exam at ACCA-approved test centres or remotely.

CPA recommends the following training options for this exam:

Official courses build the foundation, and the 80 MA practice questions from Actual4test help you turn that knowledge into exam-day performance.

Yes. Actual4test offers a free MA PDF demo so you can check the quality of the practice questions before purchasing. After you buy, your product comes with 365 days of free updates, and if it expires you can renew the update service at a 50% discount from your member zone.

Your purchase is protected by our 100% Money Back Guarantee. If you take the corresponding MA exam within 60 days of purchase and do not pass, send us a scan of your enrollment slip and the official Score Report PDF within two days of the exam, and the full refund will be processed within seven days. The candidate name must match the payer name; exams taken within three days of purchase, free materials, and expired orders are not eligible. If you would rather not refund, you can exchange your product for two free products of equal value and keep the update service on your original purchase. Delivery itself is instant: your material is available for download and is emailed to you within one minute of payment. If nothing arrives within two hours, contact our support team. There is no limit on how many computers you may install it on.

The MA syllabus is organized into 7 exam domains. Among the first three are D. Cost Accounting Techniques (20%), A. The Nature, Source and Purpose of Management Information (15%), F. Standard Costing and Variance Analysis (15%). For the complete breakdown of topics and subtopics, see the Exam Topics section above.

CPA Management Accounting Sample Questions:

Question #1

Consider the following uses of budgets in planning:
(i)Toascertain the resources needed to achieve corporate objectives, given a specific level of activity;
(ii)Toprepare contingency budgets, based on varying levels of activity.
Which type of budget (fixed or flexible) is most appropriate for these uses?

  • A. Fixed = neither (i) nor (ii), Flexible = (i) and (ii)
  • B. Fixed = (i) and (ii), Flexible = neither (i) nor (ii)
  • C. Fixed = (i) only, Flexible = (ii) only
  • D. Fixed = (ii) only, Flexible = (i) only
Answer: C
Question #2

Budgeted sales of X for December are 18,000 units. At the end of the production process for X, 10% of production units are scrapped as defective. Opening inventories of X for December are budgeted to be 15,000 units and closing inventories will be 11,400 units. All inventories of finished goods must have successfully passed the quality control check. The production budget for X for December, in units, is:

  • A. 15,840
  • B. 14,400
  • C. 16,000
  • D. 12,960
Answer: C
Question #3

At the beginning of March 2012, INS Plc has an opening balance of $60,000 on its receivables ledger. Sales of $160,000 have been budgeted for March and it is budgeted that 60% of these will be settled in March after a cash discount of 2.5%.
If 23% of the opening receivables are still outstanding at the end of March, what will be the budgeted receivables figure at that date?

  • A. $80,200
  • B. $76,200
  • C. $110,200
  • D. $77,800
Answer: D
Question #4

On 1 February 2011, Hopper Co acquired 480,000 of the 600,000 ordinary shares of Space Co at a price of $4*28 per share. At that date the book value of the net assets of Space Co was $2,356,920, and the fair value of land owned by Space Co exceeded the book value by $110,000.
Assuming that the full fair value method of valuation is used, what is the value of goodwill on acquisition?

  • A. $211,080
  • B. $101,080
  • C. $80,864
  • D. $168,864
Answer: B
Question #5

Devin Co sells a single product at a selling price of $85. Direct costs are $38 per unit and overheads are $24 per unit. 60% of overheads represent the recovery of fixed costs. Both sales and production are budgeted to be 50,000 units.
How many units are sold at the breakeven point (to the nearest unit)?

  • A. 14,724
  • B. 31,304
  • C. 19,251
  • D. 25,532
Answer: C

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