Page 230 - BA2 Integrated Workbook - Student 2017

Fundamentals of Management Accounting

1.3 All certified management accountants must comply with CIMA’s code of
ethics. A management accountant who moves jobs and discloses sensitive
information about their previous employer to their new employer would be
breaching which of the following fundamental principles?

A Integrity

B Objectivity

C Professional competence and due care

D Professional behaviour

E Confidentiality

CHAPTER 2 – COST IDENTIFICATION AND CLASSIFICATION

2.1 Which TWO of the following would be classified as indirect labour?

A Assembly workers in a car plant

B Bricklayers in a building company

C Store assistants in a factory

D An auditor in a firm of accountants

E A cook in the factory canteen

2.2 Use some of the following words to complete the sentences:

Prime Semi-variable Indirect

Fixed Variable Step fixed

_______ cost is the total of direct costs

_______costs are conventionally deemed to be constant per unit of activity

_______costs vary per unit of activity where activity levels change

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