Page 276 - BA2 Integrated Workbook STUDENT 2018
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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
pricing
_______ 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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