MA Exam Preparation Material | Management Accounting

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Prepare for the MA Management Accounting exam with CertQueen's independently developed study resources. Review important concepts, practice scenario-based questions, and use clear explanations to identify areas that require further study.

Question#1

Budgeted sales of X for December are 18,000 units. At the end of the production process for X, 10% of production units are scrapped as defective. Opening inventories of X for December are budgeted to be 15,000 units and closing inventories will be 11,400 units. All inventories of finished goods must have successfully passed the quality control check.
The production budget for X for December, in units, is:

A. 12,960
B. 14,400
C. 15,840
D. 16,000

Question#2

Quastir Co manufactures a single product which sells for $48.80 per unit. At this selling price, theprofitper unit is $5.35, after apportionment of the $65,000 of fixed costs. The budgeted production and sales volume is 20,000 units.
What is the margin of safety, expressed in units (to the nearest unit)?

A. 7,559
B. 7,850
C. 12,150
D. 12,441

Question#3

SolutionCo has prepared budgets based on the following assumptions:
Sales volumethree months to 30 September 2011:85,720 units three months to 31 December 2011:94,560 units
Inventory volumeat 1 July 2011:10% of sales for the next three months at 1 October 2011:75% of sales for the next three months
What is the budgeted production volume for the three months to 30 September 2011?

A. 86,383 units
B. 87,200 units
C. 84,240 units
D. 86,604 units

Question#4

Coolbreeze Co manufactures refrigerators. The company isorganizedon a divisionalised basis and has two divisions (compressor and cabinet). The compressor division transfers 65% of its output to the cabinet division for $85 per unit, and sells the rest of its output to external companies for $92 per unit.a
The cabinet division sells the final product at an average selling price of $495 per unit. In the next month, it expected that the compressor division will produce 27,000 units. The variable cost of manufacturing compressors is $62 per unit.
What contribution will the compressor division generate in the next month?

A. $621,000
B. $687,150
C. $743,850
D. $810,000

Question#5

The sales budget of Cambri Co includes the following sales volumes for one of the company’s products:
July150,900 units
August144,800 units
September164,800 units
The sales director estimates that 10% of customers will pay in the month of sale, with 70% paying in the following month. The remaining customers will take a further month’s credit. All sales will be at $5.50 per unit, with customers paying in the month of sale obtaining a 10% settlement discount.
What is the budgeted value of cash received from customers in September for sales of this product?

A. $758,362
B. $749,298
C. $805,046
D. $814,110

Exam Code: MA
Q & A: 80 Q&As         Updated:  Oct 17,2026

 

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What This MA Study Resource Helps You Do

Review Key Concepts

Review the technologies, products, processes, and practical skills covered by the current MA exam objectives.

Practice Scenario-Based Questions

Work through independently developed questions designed to strengthen your understanding of technical scenarios and decision-making.

Identify Knowledge Gaps

Use your results and the provided explanations to find weaker areas and focus your study more effectively.

How to Use This MA Preparation Material

Review the Exam Scope

Start by reviewing the topics covered by the MA exam. Compare them with the official exam objectives to understand the required technologies, operational tasks, and practical skills, then identify the areas that deserve the most attention.

Practice Independently

Complete a focused set of practice questions for each topic. On your first attempt, avoid referring to notes, answers, or other study resources so that you can evaluate your current understanding more accurately.

Study the Explanations

Review the answers and explanations after completing each practice session. Understand why the correct option is appropriate for the given scenario and why the other options may be incorrect or less suitable.

Close Knowledge Gaps

Keep track of incorrect answers, unfamiliar concepts, and weaker knowledge areas. Review these topics using official documentation and practical experience, then answer the related questions again to reinforce your understanding and monitor your progress.

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Exam Code: MA
Q & A: 80 Q&As
Updated:  Oct 17,2026

 

 Access Complete MA Preparation Material