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MA Chapter 1 Questions Accounting for Management
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Sir, I’m really inspired by the questions..I went wrong with 2 questions and I learned from my mistakes.. I actually don’t have any background in business or accounting subjects..I don’t know any basics but your videos helped me a lot. Thanks
You are very welcome 馃檪
Hi John,
For the first question,I understand that choose a statement which goes both for Financial management and Management accounting and according to me neither of the statement goes because Financial acc only goes for external and Management accounting is not a part of a financial accounting and does not deal with balance sheet.
Please make me understand the question.
Financial management is not relevant to this question (and is not examined until Paper FM).
Financial accounts are used both internally and externally, but are mainly used by external users (e.g. shareholders).
Management accounts are only used internally by management to help them make decision.
This is all explained in the free lectures working through the first chapter of our lecture notes.
@John Moffat, sir in the first question the main users of financial accounting is mentioned to be external, but financial statements are used by internal users as well. So aren’t both the main users of financial accounting?
No. Internal users are much less likely to use financial accounting information, they make much more use of management accounting information. Management accounting information is produced specifically for use internally and is not available to external users.
Nice am feeling pumped going forward ?
馃檪
How could I get this question for me to practice them
Sorry, but I do not understand what you mean. There are five question in this test. For more questions you need to buy a Revision Kit from one of the ACCA Approved Publishers.
Good day, how to I get the Acca revision kit
You have to buy it!! It is not the ACCA who produce it – it is the ACCA Approved Publishers who are BPP and Kaplan.
Depending on where you live you might find it in bookstores. Otherwise you can buy either hard copies or soft (i.e. email) copies online from their website. If you choose BPP then you can get a 20% discount because you use OpenTuition by clicking on the advert that appears on most of our pages 馃檪
I AM APPRICIATE THE ACCA TEST
Great (but do make sure you buy a Revision Kit from one of the ACCA Approved Publishers, because it is full of questions to practice, and it is vital to practice as many questions as possible 馃檪 )
Wonderfully helpful resources. Thank you for your efforts.
I would like to have questions in IFRS 12, IAS 7, IFRS 16 and IFRS 15
The IFRS’s are not examinable in Paper MA – they are Paper FA.
It was helpful to do with time ticking. I was able to check how long does it take for each chapters. Now it鈥檚 gone :/
Oh it indicates spend time ^^;
100%. Thank you!
100% in 2min41sec
Thank you so much for these fantastic resources, they are really appreciated. I am an ICB bookkeeper starting on my ACCA journey so never studied management accounting, background is all in financial statements. So easy to follow and understand. Love the lectures that go alongside the notes!
Thanks.
100%
100% in 1 min 10 secs, Mr Moffat, you’re the best. 馃檪
Thank you for your comment 馃檪
excellent
100%
Well done (but do make sure that you have a Revision Kit from one of the ACCA approved publishers because they contain lots of exam standard questions for practice, and practice is vital to passing the exam ? )
Please can you share links to these revision kits? I would love to practice. Thank you ?
You need to buy them – either from a bookshop or direct from the publishers website. For BPP you can get a discount of 20% if you use the link that appears on most pages of our website,
Hi sir please help at fris lecturs of f2 acca
I don’t understand what you are asking (the exam is no longer called F2 – it is called Paper MA).
Thank you. These resources are really helpful.
I have scored 100% under the chapter one. Thank you!
Am about to purchase a revision question kit, is BPP or Kaplan the better or does any user here have a preference. Which one would have questions most similar to ACCA exam?
I got all correct???
Well done (but do make sure that you have a Revision Kit from one of the ACCA approved publishers because they contain lots of exam standard questions for practice, and practice is vital to passing the exam 馃檪 )