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Feburary 201625.00
Foundations in Accountancy FMA / ACCA Paper F2
Management Accounting
This Interactive Text for Foundations in Accountancy FMA Management Accounting and ACCA Paper F2 Management Accounting has been comprehensively reviewed by the ACCA examining team. This review guarantees appropriate depth and breadth of content and comprehensive syllabus coverage.
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Managem
ent Accounting Interactive Text
Foundations in Accountancy
FMA
/AC
CA
F2For exam
s from 1 Septem
ber 20
16 to 31 A
ugust 2017
Foundations in Accountancy FMA / ACCA Paper F2Management Accounting
For exams from 1 September 2016 to 31 August 2017
ACCA ApprovedInteractive Text
FI33ST16 (RICOH).indd 1-3 02/02/2016 10:40
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FOR EXAMS FROM 1 SEPTEMBER 2016 TO 31 AUGUST 2017
Management Accounting
Foundations in Accountancy
FMA ACCA
Paper F2
F2/FMA MANAGEMENT ACCOUNTING
ii
First edition March 2011 Fifth edition January 2016
ISBN 9781 4727 4591 0 (Previous ISBN 9781 4727 3526 3) e-ISBN 9781 4727 4632 0
British Library Cataloguing-in-Publication Data A catalogue record for this book is available from the British Library
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We are grateful to the Association of Chartered Certified Accountants for permission to reproduce past examination questions. The suggested solutions in the practice answer bank have been prepared by BPP Learning Media Ltd.
BPP Learning Media Ltd 2016
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CONTENTS
iii
Contents Page
Introduction Helping you to pass .......................................................................................................................v Chapter features ........................................................................................................................... vi Studying F2/FMA......................................................................................................................... vii The Computer Based Examination ............................................................................................... xviii Tackling Multiple Choice Questions................................................................................................xix
Part A The nature, source and purpose of management information 1 Accounting for management................................................................................................... 3 2 Sources of data................................................................................................................... 19 3 Cost classification ............................................................................................................... 37 4 Cost behaviour ................................................................................................................... 55 5 Presenting information......................................................................................................... 75
Part B Cost accounting techniques 6 Accounting for materials ...................................................................................................... 99 7 Accounting for labour ........................................................................................................ 133 8 Accounting for overheads................................................................................................... 155 9 Absorption and
