ad32-fundamentals-of-management-accounting-pilot-question-paper
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DATE 06 Dec 2025
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About This Document
Document Type: This is a Study Notes, designed for Reviewing core curriculum material.
Context: Standard material from the 2021 academic period.
Key Content: Likely covers essential definitions, structured questions to test your proficiency.
Study Strategy: Summarize these notes into flashcards or mind maps to aid active recall and long-term retention.
Recommendation: comprehensive resource for students aiming to deepen their understanding of General Studies.
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Introduction
This notes resource titled "ad32-fundamentals-of-management-accounting-pilot-question-paper" contains valuable educational content for academic study and reference. This resource is structured to facilitate effective learning and retention of important information.
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Detailed Summary
ATD LEVEL III PILOT PAPER FUNDAMENTALS OF MANAGEMENT ACCOUNTING December 2021. Marks allocated to each question are shown at the end of the question. QUESTION ONE (a) Define “management accounting” and give reasons why it is important to study the subject as an accounting student. (4 marks) (2 marks) (ii) Indirect costs. c (i) ke Define the following terms: 1. The company has capacity to produce 40,000 units of the liquid product. The fixed costs are Sh. The product selling price is Sh. Required: (i) The break-even point for the product. (ii) (b) (4 marks) The company receives an order of 40,000 units but the customer is requesting for a discount of 10%. should the company accept or reject the order. (6 marks) (Total: 20 marks) QUESTION TWO (a) (i) Define break-even analysis. (ii) w Bagasse company produces a liquid with the following direct costs: w (c) w. ch op (b) (2 marks) List the limitations of break-even analysis. (4 marks) The following information was obtained from a company producing Product Zed: Fixed factory overhead costs Fixed selling overhead costs Variable manufacturing cost/unit Variable selling cost/unit Selling price per unit Sh.
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ATD LEVEL III PILOT PAPER FUNDAMENTALS OF MANAGEMENT ACCOUNTING December 2021. Time Allowed: 3 hours. Answer ALL questions. Marks allocated to each question are shown at the end of the question. Show ALL your workings. QUESTION ONE (a) Define “management accounting” and give reasons why it is important to study the subject as an accounting student. (4 marks) (2 marks) (ii) Indirect costs. (2 marks) (iii) Break-even point. (2 marks) o. Direct costs. i.c (i) ke Define the following terms: 1. 2. 3....
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