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MA

MA Chapter 1 Questions Accounting for Management

 

155 Comments

  1. tingfong910
    Why question 1 (i) is correct ?
  2. Nobody001
    got 100%
    got a lil confused bout the last one but after a lil thought got the correct one
  3. idkmanh
    i got 80%
  4. Ahmed
    100 %
  5. NomfundoM
    80% after lecture
  6. SAUMYAMUNDHRA
    i got 80%
  7. Rewant
    100% after the lectures.
  8. Kuape
    i got 100
  9. Arnold
    I had 80%
  10. Nyah
    Me too!!
  11. Aaron Owiny
    I got all correct
  12. Zahra
    I am still in the beginning and got 40% :)
  13. Bitesh
    i got 40%
  14. Hnin Hnin Ei
    I got 40%
  15. Sarasi
    i also got 100%
  16. Khoshal Khan
    I got 30%
  17. Huzaifa
    100% scored
  18. Tshepo
    100 ?
  19. Thabo
    I got 4/5
  20. Tinashe
    I got 100%
  21. Belinda
    I got 100%
  22. Lumka
    I GOT 100%
  23. Turki
    Got 5/5
  24. Kagitha
    I got 100%
  25. Deepak
    I got all 5 right
  26. Jasleen
    I got 100%
  27. Sejin
    I scored 20%.. I will practice more
  28. Rashid
    Got 100%
  29. usman
    100 percent.
  30. Adebusola
    Got 100%
  31. Anastesia
    Got 80%
  32. Cherisia
    got 80%
  33. Leornard
    I got 100%
  34. Mukudzeishe Gwatidzo
    i got 60%
  35. Haroon
    100%
  36. Joseph
    Got 60%
  37. Sorelle
    Got 100%
  38. James
    Got 80%
  39. Ahmed Abdala Abdirahman
    Got 80%
  40. Ragavendra
    Got 80
  41. Sahana Saiprasad
    Got 100%
  42. RachelNeuman07
    Got 100%
  43. Hasnath
    Got 100%
  44. Mojahid
    Got 70%
  45. Sharon
    Got 80%
  46. farah
    Got 100%
  47. prince
    Woow I got 100%
  48. Stacey Nyikadzino
    I got 80% and realised where l went wrong
  49. Roshane
    Got 100% ?
  50. Nayana
    80%
  51. lorraine
    i had 80% on my quiz I hope to improve, the questions were a bit tricky especially question 5.
  52. abdi
    Cost is one of qualities of good information. "ACCURATE"
    Accurate
    Complete
    Cost of use so the cost is not this one
    Relevant
  53. Roshane
    Cost is, but it’s “cost efficient” and not “costly” is the correct cost.
  54. LUCRISHA
    l failed 2 l feel good am going to be writing MA1 Soon but still have challenges with formulas hoping your videos will help. lt will be my first time writting MA1
  55. Abdullah
    Are starting FIA after matric???
  56. Paulingtom
    A good start I must say I only failed one
  57. Samuel
    Iam failing to work out MA ,please l need your advice
  58. John MoffatTutor
    Please ask in the Ask the Tutor Forum rather than as a comment on a test.
  59. vvian
    Good day John ,I don’t understand why the costly isn’t a good quality information. Could you explain it ?
  60. Samantha
    Data should be cost beneficial meaning the benefit should be more than what u it cost u ,Costly simply means its expensive

    sorry for responding this late I just so your comment now
  61. Adinan
    I like how the system is working
  62. John MoffatTutor
    Great :-)
  63. Abiya
    this is goanna be my 3rd attempt of MA exam, scored 42 and 47 the last time. Hopefully this time with the help of open tuition i can pass
  64. yolanda
    wishing you all the very best
  65. Somuto
    All the best.
  66. Annelie
    Good day John, I came upon your website today. Can I use your FA and MA lectures for my ACCA FA1, FA2, MA1and MA2 exams? I did not see any seperate online lectures for MA2 and FA2.
    Thank you so much
  67. John MoffatTutor
    We do not have lectures for the four FIA papers you list. However you can certainly use our ACCA FA and MA lectures for the relevant topics.
  68. Mary
    Thank you alot for helping. I feel motivated to study after a long time.
  69. John MoffatTutor
    Great :-)
  70. sigauke
    Thank you so much, I got all correct.
  71. Weston
    Thank you very much for these helpful revision questions
  72. Ella
    The question was helpful but its there a way to view the inaccurate answer, so as to know the correct answer
  73. John MoffatTutor
    When you have submitted your answers, click on 'review quiz'.
  74. Abdirahman Mohamud
    this is helpful for me and i thankful for this
  75. Alistair
    practice is perfect i love these practice questions they can help improve application
  76. Hajrah
    Dear Sir

    Thanks a lot for helping me to study ACCA course . I believe I can pass my exam with the help of your lectures and revision questions.
  77. Dileshram
    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
  78. John MoffatTutor
    You are very welcome :-)
  79. Anchal
    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.
  80. John MoffatTutor
    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.
  81. Riya
    @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?
  82. John MoffatTutor
    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.
  83. Chanda
    Nice am feeling pumped going forward ?
  84. John MoffatTutor
    :-)
  85. Fomba
    How could I get this question for me to practice them
  86. John MoffatTutor
    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.
  87. Judith
    Good day, how to I get the Acca revision kit
  88. John MoffatTutor
    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 :-)
  89. abdirahman
    I AM APPRICIATE THE ACCA TEST
  90. John MoffatTutor
    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 :-) )
  91. Nasrin
    Wonderfully helpful resources. Thank you for your efforts.
  92. Sanjeev
    I would like to have questions in IFRS 12, IAS 7, IFRS 16 and IFRS 15
  93. John MoffatTutor
    The IFRS's are not examinable in Paper MA - they are Paper FA.
  94. Sue
    It was helpful to do with time ticking. I was able to check how long does it take for each chapters. Now it’s gone :/
  95. Sue
    Oh it indicates spend time ^^;
  96. khamdam
    100%. Thank you!
  97. Hevin
    100% in 2min41sec
  98. Zillah
    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!
  99. Sitsofe
    Thanks.
  100. Lovejoy
    100%
  101. Mehjabin
    100% in 1 min 10 secs, Mr Moffat, you're the best. :)
  102. John MoffatTutor
    Thank you for your comment :-)
  103. Hevin
    excellent
  104. @jmsgenius
    100%
  105. John MoffatTutor
    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 ? )
  106. Chiamaka
    Please can you share links to these revision kits? I would love to practice. Thank you ?
  107. John MoffatTutor
    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,
  108. Roqia
    Hi sir please help at fris lecturs of f2 acca
  109. John MoffatTutor
    I don't understand what you are asking (the exam is no longer called F2 - it is called Paper MA).
  110. Kishani
    Thank you. These resources are really helpful.
  111. nikabscacu1993
    I have scored 100% under the chapter one. Thank you!
  112. clare863
    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?
  113. vimarlen
    I got all correct???
  114. John MoffatTutor
    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 :-) )
  115. visheen
    I got 80%. I got the first answer wrong and I'm not too sure!
  116. asif101
    i got the first one wrong and rest right.
  117. katikb
    100% in 2 minutes
  118. John MoffatTutor
    Great :-)

    But do make sure that you buy a Revision Kit from one of the ACCA approved publishers. Our short tests on each chapter are there for you to test yourself as you go along, but you need many more practice questions because practice at exam-standard questions is vital to passing the exam. The Revision Kit is full of exam-standard questions :-)
  119. mufudzi
    60%.
  120. seharakram
    got 100% result...
  121. seharakram
    100%
  122. christafar
    100%
  123. John MoffatTutor
    Well done, but do make sure you buy a Revision Kit from one of the ACCA approved publishers. They contain lots of exam standard questions for practice - our short tests are not enough practice :-)
  124. jakirhossain
    60% in 4 min and 24 sec, without watch the lecture. I forgot but should have watched the lecture. Next time I will
  125. Narinder
    in Question 5
    why this Point is not data beacsue it not compared = average cost per unit of purchases over a period
    data is which is not converted into meaning Information (raw)
    Information is when ist compared and when we use that information
  126. John MoffatTutor
    Information is when the raw data has been processed in order to provide meaningful information.

    The total purchases is not informing us of anything on its own.
  127. blamohjulius
    Is not data being process to give out information
  128. John MoffatTutor
    Yes. And that is what the test answers say and what I say in my free lectures :-)
  129. David
    100%
  130. yanikabye
    For Q1 the main users of financial statements are not both internal and external users?
  131. John MoffatTutor
    No. I specifically explain this in the first of my free lectures for Paper MA.

    Financial statements are reporting to shareholders and other external users.

    Internal users will be more interested in management accounting information.
  132. Narinder
    sir in this Question why second Point is not correct = is because it provide finanical and non -financial Information to internal users ???
  133. John MoffatTutor
    Have you watched the lecture for this chapter? I explain in the lecture what management accounting is and how it differs from financial accounting. Management accounting is certainly not the recording of cash!
  134. Narinder
    thank you sir
  135. Narinder
    in Question 5
    why this Point is not data beacsue it not compared = average cost per unit of purchases over a period
    data is which is not converted into meaning Information (raw)
    Information is when ist compared and when we use that information
  136. Thant
    80% in 2 mins and 24 sec.
  137. munazal
    60% not bad but was looking more than this score hhh
  138. John MoffatTutor
    Not bad - but keep practicing on the questions in your Revision Kit :-)
  139. gernot
    100 percent.
  140. Darin
    I like the new interface for the Questions. Thank you for the Notes and Lectures!
  141. John MoffatTutor
    Thank you for your comment :-)
  142. mecha
    It's a good experience 4/5
  143. John MoffatTutor
    Great :-)
  144. zaland
    in this chapter, i have scored 4/5 question to day i am very happy because for the first time i attempted .
  145. John MoffatTutor
    Well done :-)
  146. latoya90
    This is good. I scored 5/5 first attempt.
    I watch the video then read which work ok for me.
  147. John MoffatTutor
    Great :-)
  148. Ibrahim
    I like this score. Will score better in days. Thanks for material. 80%
  149. John MoffatTutor
    You are welcome :-)
  150. agbamoroo
    Good one 100%
  151. John MoffatTutor
    Great :-)
  152. Joel
    Nice. Got question 1 wrong.
  153. mayb
    My strategy to get 100% is to read the notes first then listen to the lecture and make notes when you have understood the topic rather than diving straight to the notepad as this will ensure you remember what you write. I hope this helps. Excellent Content so far. Does anyone disagree?
  154. odung
    In chapter I, I have scored 2/5 because I rushed to test without reaching the notes
  155. purvansh
    thanks for help sir

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