Key Topics in ACCA MA (F2)
Cost Accounting: Direct/indirect costs, fixed/variable costs, cost objects, cost units.
Costing Techniques: High-low method, target costing, cost-plus pricing.
Budgeting: Preparation, use in planning and control, forecasting.
Standard Costing & Variance Analysis: Comparing actual vs. expected results.
Performance Measurement: Using ratios, interpreting performance.
Statistical Techniques: Introduction to data analysis.
Exam Format (Computer-Based Exam - CBE)
Duration: 2 hours.
Section A: 35 Objective Test (OT) questions (2 marks each).
Section B: 3 Multi-Task Questions (MTQs) (10 marks each), often on Budgeting, Standard Costing, and Performance Measurement.
Format: Questions test knowledge, comprehension, and application; spreadsheet elements may appear.
How to Pass
Practice OTs: Do many objective test questions for all syllabus areas.
Master MTQs: Focus on budgeting, standard costing, and performance measurement.
Use ACCA Resources: Utilize the Study Hub for free materials, quizzes, and specimen exams.
Understand Exam Technique: Read questions carefully, manage time, and tackle easier questions first.
Review Examiner Guidance: Check technical articles and specimen exams for question styles and common pitfalls.
