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Tài liệu ACCA mới nhất từ BPP môn F2sách có giá trị cho kỳ thi đến tháng 6-2014, Text bookFile PDF dạng Text cực đẹp.
I N T E R A C T I V E T E X T FMA BPP Learning Media is the sole ACCA Platinum Approved Learning Partner – content for the FIA and ACCA qualifications. In this, the only FMA/F2 study text to be reviewed by the examiner: We highlight the most important elements in the syllabus and the key skills you will need We signpost how each chapter links to the syllabus and the study guide We provide lots of exam focus points demonstrating what the examiner will want you to do We emphasise key points in regular fast forward summaries We test your knowledge of what you’ve studied in quick quizzes We examine your understanding in our exam question bank We reference all the important topics in our full index BPP’s Practice & Revision Kit and i-Pass products also support this paper. FOR EXAMS FROM FEBRUARY 2013 TO JANUARY 2014 PAPER F2 MANAGEMENT ACCOUNTING Note FIA FMA and ACCA Paper F2 are examined under the same syllabus and study guide. FMA/F2 MANAGEMENT ACCOUNTING ii First edition March 2011 Second edition September 2012 ISBN 9781 4453 9967 6 Previous ISBN 9781 4453 7306 5 eISBN 9781 4453 9243 1 British Library Cataloguing-in-Publication Data A catalogue record for this book is available from the British Library Published by BPP Learning Media Ltd BPP House, Aldine Place 142-144 Uxbridge Road London W12 8AA www.bpp.com/learningmedia Printed in the United Kingdom by Polestar Wheatons Hennock Road Marsh Barton Exeter EX2 8RP Your learning materials, published by BPP Learning Media Ltd, are printed on paper obtained from traceable sustainable sources. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior written permission of BPP Learning Media. We are grateful to the Association of Chartered Certified Accountants for permission to reproduce past examination questions. The suggested solutions in the exam answer bank have been prepared by BPP Learning Media Ltd. © BPP Learning Media Ltd 2012 A note about copyright Dear Customer What does the little © mean and why does it matter? Your market-leading BPP books, course materials and e- learning materials do not write and update themselves. People write them on their own behalf or as employees of an organisation that invests in this activity. Copyright law protects their livelihoods. It does so by creating rights over the use of the content. Breach of copyright is a form of theft – as well as being a criminal offence in some jurisdictions, it is potentially a serious beach of professional ethics. 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CONTENTS iii Contents Page Introduction Helping you to pass – the ONLY FMA/F2 study text reviewed by the examiner! .v Chapter features . vi Studying FMA/F2 . vii The Computer Based Examination .xvi Tackling Multiple Choice Questions .xvii 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 97 7 Accounting for labour 129 8 Accounting for overheads . 151 9 Absorption and marginal costing . 179 10 Job, batch and service costing 193 11 Process costing . 215 12 Process costing, joint products and by-products . 243 13 Alternative costing principles 255 Part C Budgeting 14 Forecasting . 275 15 Budgeting 321 16 The budgetary process . 349 17 Making budgets work 379 18 Capital expenditure budgeting 395 19 Methods of project appraisal 403 Part D Standard costing 20 Standard costing . 431 21 Basic variance analysis 441 22 Further variance analysis . 459 Part E Performance measurement 23 Performance measurement 479 24 Applications of performance measurement . 511 25 Cost management . 543 Exam question bank . 559 Exam answer bank 581 Appendix: Mathematical tables 601 Index . 607 Review form FMA/F2 MANAGEMENT ACCOUNTING iv INTRODUCTION v Helping you to pass – the ONLY FMA/F2 study text reviewed by the examiner! BPP Learning Media – the sole Platinum Approved Learning Partner - content As ACCA’s sole Platinum Approved Learning Partner – content, BPP Learning Media gives you the unique opportunity to use examiner-reviewed study materials for exams from February 2013 to January 2014. By incorporating the examiner’s comments and suggestions regarding the depth and breadth of syllabus coverage, the BPP Learning Media Interactive Text provides excellent, ACCA-approved support for your studies. The PER alert! To become a Certified Accounting Technician or qualify as an ACCA member, you not only have to pass all your exams but also fulfil a practical experience requirement (PER). To help you to recognise areas of the syllabus that you might be able to apply in the workplace to achieve different performance objectives, we have introduced the ‘PER alert’ feature. You will find this feature throughout the Interactive Text to remind you that what you are learning in order to pass your FIA and ACCA exams is equally useful to the fulfilment of the PER requirement. Your achievement of the PER should be recorded in your online My Experience record. Tackling studying Studying can be a daunting prospect, particularly when you have lots of other commitments. The different features of the Text, the purposes of which are explained fully on the Chapter features page, will help you whilst studying and improve your chances of exam success. Developing exam awareness Our Texts are completely focused on helping you pass your exam. Our advice on Studying FMA/F2 outlines the content of the paper and the recommended approach to studying. Exam focus points are included within the chapters to highlight when and how specific topics might be examined. Using the Syllabus and Study Guide You can find the Syllabus and Study Guide on page ix of this Interactive Text. Testing what you can do Testing yourself helps you develop the skills you need to pass the exam and also confirms that you can recall what you have learnt. We include Questions – lots of them – both within chapters and in the Exam Question Bank, as well as Quick Quizzes at the end of each chapter to test your knowledge of the chapter content. FMA/F2 MANAGEMENT ACCOUNTING vi Chapter features Each chapter contains a number of helpful features to guide you through each topic. Topic list Tells you what you will be studying in this chapter and the relevant section numbers, together with the ACCA syllabus references. Introduction Puts the chapter content in the context of the syllabus as a whole. Study Guide Links the chapter content with ACCA guidance. Fast Forward Summarises the content of main chapter headings, allowing you to preview and review each section easily. Key Term Definitions of important concepts that can often earn you easy marks in exams. Exam Focus Point Tell you how specific topics may be examined. Formula Formulae which have to be learnt. PER Alert This feature gives you a useful indication of syllabus areas that closely relate to performance objectives in your Practical Experience Requirement (PER). Question Gives you essential practice of techniques covered in the chapter. Chapter Roundup A full list of the Fast Forwards included in the chapter, providing an easy source of review. Quick Quiz A quick test of your knowledge of the main topics in the chapter. Exam Question Bank Found at the back of the Interactive Text with more exam- style chapter questions. Cross referenced for easy navigation. INTRODUCTION vii Studying FMA/F2 How to Use this Interactive Text Aim of this Interactive Text To pass the examination you need a thorough understanding in all areas covered by the syllabus and teaching guide. Recommended approach (a) To pass you need to be able to answer questions on everything specified by the syllabus and teaching guide. Read the Text very carefully and do not skip any of it. (b) Learning is an active process. Do all the questions as you work through the Text so you can be sure you really understand what you have read. (c) After you have covered the material in the Interactive Text, work through the Exam Question Bank, checking your answers carefully against the Exam Answer Bank. (d) Before you take the exam, check that you still remember the material using the following quick revision plan. (i) Read through the chapter topic list at the beginning of each chapter. Are there any gaps in your knowledge? If so, study the section again. (ii) Read and learn the key terms. (iii) Look at the exam focus points. These show the ways in which topics might be examined. (iv) Read the chapter roundups, which are a summary of the fast forwards in each chapter. (v) Do the quick quizzes again. If you know what you're doing, they shouldn't take long. This approach is only a suggestion. You or your college may well adapt it to suit your needs. Remember this is a practical course. (a) Try to relate the material to your experience in the workplace or any other work experience you may have had. (b) Try to make as many links as you can to other papers at the Introductory and Intermediate levels. What FMA/F2 is about The aim of this syllabus is to develop a knowledge and understanding of the principles and techniques used in recording, analysing and reporting costs and revenues for internal management purposes. It covers management information, cost recording, costing techniques, budgeting and performance measurement. For practice and revision use BPP Learning Media’s Practice and Revision Kit, iPass and Passcards. To provide the knowledge and practice to help you succeed in the examination for Paper FMA/F2 Management Accounting. FMA/F2 MANAGEMENT ACCOUNTING viii Approach to examining the syllabus Paper FMA/F2 is a two-hour paper. It can be taken as a written paper or a computer based examination. The questions in the computer based examination are objective test questions – multiple choice, number entry and multiple response. (See page xvi for frequently asked questions about computer based examinations.) The written examination is structured as follows: Number of marks 50 compulsory multiple choice questions of two marks each 100 The December 2011 examiner’s report (found on the ACCA website) advised students to Study the whole syllabus Practise as many questions as possible in preparing for the examination Read questions very carefully in the examination Attempt all questions in the examination (there are no negative marks for incorrect answers) Try to attempt the ‘easy’ examination questions first Not spend too much time on apparently ‘difficult’ questions Read previous Examiner’s Reports INTRODUCTION ix Syllabus and Study guide [...]...FMA /F2 MANAGEMENT ACCOUNTING x INTRODUCTION xi FMA /F2 MANAGEMENT ACCOUNTING xii INTRODUCTION xiii FMA /F2 MANAGEMENT ACCOUNTING xiv INTRODUCTION xv FMA /F2 MANAGEMENT ACCOUNTING The Computer Based Examination Computer based examinations (CBEs) are available for the first seven FIA papers (not papers FAU, FTX or FFM) and ACCA papers F1, F2, and F3, in addition to the conventional... in a numerical response to a question The January 2012 issue of ACCA Student Accountant magazine contains an article on CBEs Ensure that you are familiar with this article http://www.accaglobal.com/content/dam /acca/ global/PDF-students/2012s/sa_jan12_cbe.pdf For more information on computer-based exams, visit the ACCA website http://www.accaglobal.com/en/student/Exams/Computer-based-exams.html xvi INTRODUCTION... requirement and options carefully – do not assume that it is identical The January 2012 issue of ACCA Student Accountant magazine contains an article on how to answer MCQs Ensure that you are familiar with this article http://www.accaglobal.com/content/dam /acca/ global/PDF-students/2012s/sa_jan12_mcq.pdf xvii FMA /F2 MANAGEMENT ACCOUNTING xviii part The nature, source and purpose of management information... Result Notification showing their results before leaving the examination room The CBE Licensed Centre uploads the results to the ACCA (as proof of the candidate's performance) within 72 hours Candidates can check their exam status on the ACCA website by logging into myACCA Benefits Flexibility as a CBE can be sat at any time Resits can also be taken at any time and there is no restriction on... computer-based exams, visit the ACCA website http://www.accaglobal.com/en/student/Exams/Computer-based-exams.html xvi INTRODUCTION Tackling Multiple Choice Questions MCQ's are part of all FIA exams and ACCA papers F1, F2 and F3 They form the paper-based exams and may appear in the CBE The MCQs in your exam contain four possible answers You have to choose the option that best answers the question The three incorrect... be taken at any time and there is no restriction on the number of times a candidate can sit a CBE Instant feedback as the computer displays the results at the end of the CBE Results are notified to ACCA within 72 hours CBE question types Multiple choice – choose one answer from four options Multiple response – select more than one response by clicking the appropriate tick boxes Multiple response... available for the first seven FIA papers (not papers FAU, FTX or FFM) and ACCA papers F1, F2, and F3, in addition to the conventional paper based examination Computer based examinations must be taken at an ACCA CBE Licensed Centre How does CBE work? Questions are displayed on a monitor Candidates enter their answer directly onto the computer Candidates have two hours to complete the examination When . Review form FMA /F2 MANAGEMENT ACCOUNTING iv INTRODUCTION v Helping you to pass – the ONLY FMA /F2 study text reviewed by the examiner! BPP Learning Media. FMA BPP Learning Media is the sole ACCA Platinum Approved Learning Partner – content for the FIA and ACCA qualifications. In this, the only FMA /F2 study text