www.castudymaterial.

com

CA-CAF8 Cost and Management Accounting

Topical Past Papers Questions Booklet
from Spring 2010 to Autumn 2016
Version 1

By Taha Popatia
 ICAP-CMA -CAF8 By: Taha Popatia

TABLE OF CONTENTS
www.castudymaterial.com

1. DECISION MAKING....................................................................................................................... 1-9

2. MATERIAL/INVENTORY/ENTRIES ..................................................................................... 10-15

3. PROCESS/JOB/ BY-PRODUCT COSTING ............................................................................ 16-22

4. STANDARD COSTING.............................................................................................................. 23-28

5. THEORY ...........................................................................................................................................29

6. FORECAST AND BUDGET ....................................................................................................... 30-35

7. OVERHEADS ............................................................................................................................ 36-41

8. BREAK EVEN AND CVP ANALYSIS....................................................................................... 42-47

9. LABOUR ................................................................................................................................... 48-50

10. MARGINAL AND ABSORPTION COSTING ............................................................................ 51-52

11. RECONCILIATION OF PROFITS ......................................................................................................53

12. JOB ORDER ......................................................................................................................................54

13. NPV AND IRR ........................................................................................................................ 55-57

14. TARGET COSTING...........................................................................................................................58

15. FINANCIAL INSTRUMENTS............................................................................................................59

16. SUSTAINABILITY REPORTING ......................................................................................................60

17. MISCELLANEOUS……………………………………………………………………………………….61

1|P ag e AR TT BUSIN ESS SCH OOL SIR TAHA POPATIA

 ICAP-CMA -CAF8 By: Taha Popatia

Topical Past Paper Questions for CAF8 (Cost and

www.castudymaterial.com

Management Accounting)
By Taha Popatia
Contains Questions from ICAP (Past Papers)

Available at

Commerce Book Point – 0300-9226612 / www.cbpbook.com

(Free Delivery at your doorstep, All ACCA/CA/ICMAP/PIPFA Books available)

For queries, suggestions and comments

ARTT Business School – 02134523176

Naveed A. Butt - 03343052701

Students can use this booklet to prepare the mentioned topics for their Costing exam.
The book will provide them with questions for practice.

Although reasonable efforts have been put into making the book free from majority of
the errors, nevertheless absolute assurance is never possible due to inherent limitations
in the process of compilation, interpretation and presentations, therefore I will not be
responsible for any errors found, if you find anything missing or some error in these
notes please contact me at [email protected] and
[email protected].

2|P ag e AR TT BUSIN ESS SCH OOL SIR TAHA POPATIA

 ICAP-CMA-Decision Making By: Taha Popatia
Question 1:
www.castudymaterial.com

Spring 2010 Q6

Question 2:

Autumn 2010 Q5

1|P ag e AR TT BUSIN ESS SCH OOL 1 SIR TAHA POPATIA

 ICAP-CMA-Decision Making By: Taha Popatia
Question 3:
www.castudymaterial.com

Spring 2011 Q3

Question 4:

Spring 2011 Q4

2|P ag e AR TT BUSIN ESS SCH OOL 2 SIR TAHA POPATIA

 ICAP-CMA-Decision Making By: Taha Popatia
Question 5:
www.castudymaterial.com

Autumn 2011 Q5

Question 6:

Spring 2012 Q5

3|P ag e AR TT BUSIN ESS SCH OOL 3 SIR TAHA POPATIA

 ICAP-CMA-Decision Making By: Taha Popatia
Question 7:
www.castudymaterial.com

Autumn 2012 Q5

Question 8:

Autumn 2012 Q8

4|P ag e AR TT BUSIN ESS SCH OOL 4 SIR TAHA POPATIA

 ICAP-CMA-Decision Making By: Taha Popatia
Question 9:
www.castudymaterial.com

Spring 2013 Q7

Question 10:

Spring 2013 Q3b

5|P ag e AR TT BUSIN ESS SCH OOL 5 SIR TAHA POPATIA

 ICAP-CMA-Decision Making By: Taha Popatia
Question 11:
www.castudymaterial.com

Autumn 2013 Q2

Question 12:

Autumn 2013 Q6a

6|P ag e AR TT BUSIN ESS SCH OOL 6 SIR TAHA POPATIA

 ICAP-CMA-Decision Making By: Taha Popatia
Question 13:
www.castudymaterial.com

Spring 2014 Q6

Question 14:

Autumn 2014 Q5b

7|P ag e AR TT BUSIN ESS SCH OOL 7 SIR TAHA POPATIA

 ICAP-CMA-Decision Making By: Taha Popatia
Question 15:
www.castudymaterial.com

Autumn 2015 Q9

8|P ag e AR TT BUSIN ESS SCH OOL 8 SIR TAHA POPATIA

 ICAP-CMA-Decision Making By: Taha Popatia
Question 16:
www.castudymaterial.com

Spring 2016 Q7
Question 17:

Autumn 2016 Q6

9|P ag e AR TT BUSIN ESS SCH OOL 9 SIR TAHA POPATIA

 ICAP-CMA-Material/Inventory/Entries By: Taha Popatia
Question 1:
www.castudymaterial.com

Spring 2010 Q1

Question 2:

Spring 2010 Q2

1|P ag e AR TT BUSIN ESS SCH OOL 10 SIR TAHA POPATIA

 ICAP-CMA-Material/Inventory/Entries By: Taha Popatia
www.castudymaterial.com

Question 3:

Autumn 2010 Q2

Question 4:

2|P ag e AR TT BUSIN ESS SCH OOL 11 SIR TAHA POPATIA

 ICAP-CMA-Material/Inventory/Entries By: Taha Popatia
www.castudymaterial.com

Spring 2011 Q6b

Question 5:

Autumn 2011 Q6

3|P ag e AR TT BUSIN ESS SCH OOL 12 SIR TAHA POPATIA

 ICAP-CMA-Material/Inventory/Entries By: Taha Popatia
www.castudymaterial.com

Question 6:

Spring 2012 Q1

Question 7:

4|P ag e AR TT BUSIN ESS SCH OOL 13 SIR TAHA POPATIA

 ICAP-CMA-Material/Inventory/Entries By: Taha Popatia
www.castudymaterial.com

Autumn 2012 Q4

Question 8:

Spring 2013 Q1b

Question 9:

Autumn 2013 Q3

5|P ag e AR TT BUSIN ESS SCH OOL 14 SIR TAHA POPATIA

 ICAP-CMA-Material/Inventory/Entries By: Taha Popatia
Question 10:
www.castudymaterial.com

Spring 2014 Q1b

Question 11:

Autumn 2015 Q7

6|P ag e AR TT BUSIN ESS SCH OOL 15 SIR TAHA POPATIA

 ICAP-CMA-Process/Joint/ By Product Costing By: Taha Popatia
Question 1:
www.castudymaterial.com

Spring 2010 Q3

Question 2:

Autumn 2011 Q4

1|P ag e AR TT BUSIN ESS SCH OOL 16 SIR TAHA POPATIA

 ICAP-CMA-Process/Joint/ By Product Costing By: Taha Popatia
Question 3:
www.castudymaterial.com

Spring 2012 Q7a

Question 4:

Autumn 2012 Q6

2|P ag e AR TT BUSIN ESS SCH OOL 17 SIR TAHA POPATIA

 ICAP-CMA-Process/Joint/ By Product Costing By: Taha Popatia
Question 5:
www.castudymaterial.com

Spring 2013 Q5

Question 6:

Autumn 2013 Q6b

3|P ag e AR TT BUSIN ESS SCH OOL 18 SIR TAHA POPATIA

 ICAP-CMA-Process/Joint/ By Product Costing By: Taha Popatia
Question 7:
www.castudymaterial.com

Autumn 2014 Q1

Question 8:

Spring 2015 Q4

4|P ag e AR TT BUSIN ESS SCH OOL 19 SIR TAHA POPATIA

 ICAP-CMA-Process/Joint/ By Product Costing By: Taha Popatia
Question 9:
www.castudymaterial.com

Spring 2015 Q5

5|P ag e AR TT BUSIN ESS SCH OOL 20 SIR TAHA POPATIA

 ICAP-CMA-Process/Joint/ By Product Costing By: Taha Popatia
Question 10:
www.castudymaterial.com

Autumn 2015 Q1

Question 11:

Autumn 2015 Q4a

6|P ag e AR TT BUSIN ESS SCH OOL 21 SIR TAHA POPATIA

 ICAP-CMA-Process/Joint/ By Product Costing By: Taha Popatia
Question 12:
www.castudymaterial.com

Spring 2016 Q6

Question 13:

Autumn 2016 Q3

7|P ag e AR TT BUSIN ESS SCH OOL 22 SIR TAHA POPATIA

 ICAP-CMA-Standard Costing By: Taha Popatia
Question 1:
www.castudymaterial.com

Spring 2010 Q4

Question 2:

Autumn 2010 Q6

1|P ag e AR TT BUSIN ESS SCH OOL 23 SIR TAHA POPATIA

 ICAP-CMA-Standard Costing By: Taha Popatia
Question 3:
www.castudymaterial.com

Autumn 2011 Q3a

Question 4:

Spring 2013 Q2

2|P ag e AR TT BUSIN ESS SCH OOL 24 SIR TAHA POPATIA

 ICAP-CMA-Standard Costing By: Taha Popatia
Question 5:
www.castudymaterial.com

Autumn 2014 Q4

Question 6:

Spring 2015 Q3b

3|P ag e AR TT BUSIN ESS SCH OOL 25 SIR TAHA POPATIA

 ICAP-CMA-Standard Costing By: Taha Popatia
Question 7:
www.castudymaterial.com

Autumn 2015 Q4b

4|P ag e AR TT BUSIN ESS SCH OOL 26 SIR TAHA POPATIA

 ICAP-CMA-Standard Costing By: Taha Popatia
Question 8:
www.castudymaterial.com

Spring 2016 Q3

5|P ag e AR TT BUSIN ESS SCH OOL 27 SIR TAHA POPATIA

 ICAP-CMA-Standard Costing By: Taha Popatia
Question 9:
www.castudymaterial.com

Autumn 2016 Q7

6|P ag e AR TT BUSIN ESS SCH OOL 28 SIR TAHA POPATIA

 ICAP-CMA-Theory By: Taha Popatia
Question 1:
www.castudymaterial.com

Spring 2010 Q6
Question 2:

Spring 2011 Q6a

Question 3:

Spring 2012 Q8
Question 4:

Autumn 2012 Q3b

Question 5:

Spring 2013 Q1a

Question 6:

Autumn 2013 Q1b

Question 7:

Spring 2014 Q1a

Question 8:

Autumn 2014 Q5a

Question 9:

Autumn 2014 Q7a

Question 10:

Spring 2015 Q3a

Question 11:

Autumn 2016 Q4

1|P ag e AR TT BUSIN ESS SCH OOL 29 SIR TAHA POPATIA

 ICAP-CMA-Forecast and Budget By: Taha Popatia
Question 1:
www.castudymaterial.com

Spring 2010 Q7

Question 2:

Spring 2011 Q1

1|P ag e AR TT BUSIN ESS SCH OOL 30 SIR TAHA POPATIA

 ICAP-CMA-Forecast and Budget By: Taha Popatia
Question 3:
www.castudymaterial.com

Autumn 2011 Q2a

Question 4:

Autumn 2011 Q3b

Question 5:

2|P ag e AR TT BUSIN ESS SCH OOL 31 SIR TAHA POPATIA

 ICAP-CMA-Forecast and Budget By: Taha Popatia
www.castudymaterial.com

Spring 2012 Q6

Question 6:

Autumn 2013 Q4

3|P ag e AR TT BUSIN ESS SCH OOL 32 SIR TAHA POPATIA

 ICAP-CMA-Forecast and Budget By: Taha Popatia
Question 7:
www.castudymaterial.com

Autumn 2013 Q1a

Question 8:

Autumn 2015 Q6

4|P ag e AR TT BUSIN ESS SCH OOL 33 SIR TAHA POPATIA

 ICAP-CMA-Forecast and Budget By: Taha Popatia
Question 9:
www.castudymaterial.com

Spring 2016 Q1

5|P ag e AR TT BUSIN ESS SCH OOL 34 SIR TAHA POPATIA

 ICAP-CMA-Forecast and Budget By: Taha Popatia
Question 10:
www.castudymaterial.com

Autumn 2016 Q1

6|P ag e AR TT BUSIN ESS SCH OOL 35 SIR TAHA POPATIA

 ICAP-CMA-Overheads By: Taha Popatia
Question 1:
www.castudymaterial.com

Autumn 2010 Q1

1|P ag e AR TT BUSIN ESS SCH OOL 36 SIR TAHA POPATIA

 ICAP-CMA-Overheads By: Taha Popatia
Question 2:
www.castudymaterial.com

Spring 2011 Q2

Question 3:

Autumn 2011 Q1

2|P ag e AR TT BUSIN ESS SCH OOL 37 SIR TAHA POPATIA

 ICAP-CMA-Overheads By: Taha Popatia
Question 4:
www.castudymaterial.com

Spring 2012 Q2

Question 5:

Autumn 2012 Q3a

Question 6:

Spring 2013 Q4

3|P ag e AR TT BUSIN ESS SCH OOL 38 SIR TAHA POPATIA

 ICAP-CMA-Overheads By: Taha Popatia
Question 7:
www.castudymaterial.com

Autumn 2013 Q7

4|P ag e AR TT BUSIN ESS SCH OOL 39 SIR TAHA POPATIA

 ICAP-CMA-Overheads By: Taha Popatia
Question 8:
www.castudymaterial.com

Spring 2014 Q2

Question 9:

5|P ag e AR TT BUSIN ESS SCH OOL 40 SIR TAHA POPATIA

 ICAP-CMA-Overheads By: Taha Popatia
www.castudymaterial.com

Autumn 2014 Q7b

Question 10:

Spring 2016 Q5

6|P ag e AR TT BUSIN ESS SCH OOL 41 SIR TAHA POPATIA

 ICAP-CMA-B.Even and CVP Analysis By: Taha Popatia
Question 1:
www.castudymaterial.com

Autumn 2010 Q3

Question 2:

Spring 2011 Q5

1|P ag e AR TT BUSIN ESS SCH OOL 42 SIR TAHA POPATIA

 ICAP-CMA-B.Even and CVP Analysis By: Taha Popatia
Question 3:
www.castudymaterial.com

Spring 2012 Q4

Question 4:

Autumn 2012 Q7

2|P ag e AR TT BUSIN ESS SCH OOL 43 SIR TAHA POPATIA

 ICAP-CMA-B.Even and CVP Analysis By: Taha Popatia
Question 5:
www.castudymaterial.com

Spring 2013 Q6

Question 6:

Spring 2014 Q5

3|P ag e AR TT BUSIN ESS SCH OOL 44 SIR TAHA POPATIA

 ICAP-CMA-B.Even and CVP Analysis By: Taha Popatia
Question 7:
www.castudymaterial.com

Spring 2014 Q7

Question 8:

Autumn 2014 Q2

4|P ag e AR TT BUSIN ESS SCH OOL 45 SIR TAHA POPATIA

 ICAP-CMA-B.Even and CVP Analysis By: Taha Popatia
Question 9:
www.castudymaterial.com

Spring 2015 Q1

Question 10:

Autumn 2015 Q3

5|P ag e AR TT BUSIN ESS SCH OOL 46 SIR TAHA POPATIA

 ICAP-CMA-B.Even and CVP Analysis By: Taha Popatia
Question 11:
www.castudymaterial.com

Spring 2016 Q8

Question 12:

Autumn 2016 Q5

6|P ag e AR TT BUSIN ESS SCH OOL 47 SIR TAHA POPATIA

 ICAP-CMA-Labour By: Taha Popatia
Question 1:
www.castudymaterial.com

Autumn 2010 Q7

Question 2:

Autumn 2010 Q2b

1|P ag e AR TT BUSIN ESS SCH OOL 48 SIR TAHA POPATIA

 ICAP-CMA-Labour By: Taha Popatia
Question 3:
www.castudymaterial.com

Spring 2012 Q3

Question 4:

Autumn 2012 Q2

Question 5:

Spring 2013 Q3a

2|P ag e AR TT BUSIN ESS SCH OOL 49 SIR TAHA POPATIA

 ICAP-CMA-Labour By: Taha Popatia
Question 6:
www.castudymaterial.com

Autumn 2013 Q1c

Question 7:

Spring 2014 Q3

3|P ag e AR TT BUSIN ESS SCH OOL 50 SIR TAHA POPATIA

 ICAP-CMA-Marginal/Absorption Costing By: Taha Popatia
Question 1:
www.castudymaterial.com

Autumn 2010 Q4

Question 2:

Spring 2012 Q7b

1|P ag e AR TT BUSIN ESS SCH OOL 51 SIR TAHA POPATIA

 ICAP-CMA-Marginal/Absorption Costing By: Taha Popatia
Question 3:
www.castudymaterial.com

Spring 2014 Q4

Question 4:

Spring 2015 Q3c and d

2|P ag e AR TT BUSIN ESS SCH OOL 52 SIR TAHA POPATIA

 ICAP-CMA-Reconciliation of Profits By: Taha Popatia
Question 1:
www.castudymaterial.com

Autumn 2012 Q1a

1|P ag e AR TT BUSIN ESS SCH OOL 53 SIR TAHA POPATIA

 ICAP-CMA-Job Order By: Taha Popatia
Question 1:
www.castudymaterial.com

Autumn 2013 Q5

Question 2:

Autumn 2014 Q6

1|P ag e AR TT BUSIN ESS SCH OOL 54 SIR TAHA POPATIA

 ICAP-CMA-NPV and IRR By: Taha Popatia
Question 1:
www.castudymaterial.com

Autumn 2014 Q3

Question 2:

Spring 2015 Q2

1|P ag e AR TT BUSIN ESS SCH OOL 55 SIR TAHA POPATIA

 ICAP-CMA-NPV and IRR By: Taha Popatia
Question 3:
www.castudymaterial.com

Autumn 2015 Q2

Question 4:

Spring 2016 Q4

2|P ag e AR TT BUSIN ESS SCH OOL 56 SIR TAHA POPATIA

 ICAP-CMA-NPV and IRR By: Taha Popatia
Question 5:
www.castudymaterial.com

Autumn 2016 Q2

3|P ag e AR TT BUSIN ESS SCH OOL 57 SIR TAHA POPATIA

 ICAP-CMA-Target Costing By: Taha Popatia
Question 1:
www.castudymaterial.com

Spring 2015 Q6

1|P ag e AR TT BUSIN ESS SCH OOL 58 SIR TAHA POPATIA

 ICAP-CMA-Financial Instruments By: Taha Popatia
Question 1:
www.castudymaterial.com

Autumn 2015 Q5

Question 2:

Spring 2016 Q2

Question 3:

Autumn 2016 Q9

1|P ag e AR TT BUSIN ESS SCH OOL 59 SIR TAHA POPATIA

 ICAP-CMA-Sustainability Reporting By: Taha Popatia
Question 1:
www.castudymaterial.com

Autumn 2015 Q8

Question 2:

Spring 2016 Q9

Question 3:

Autumn 2016 Q8

1|P ag e AR TT BUSIN ESS SCH OOL 60 SIR TAHA POPATIA

 ICAP-CMA-Miscellaneous By: Taha Popatia
Question 1:
www.castudymaterial.com

Autumn 2012 Q1b

1|P ag e AR TT BUSIN ESS SCH OOL 61 SIR TAHA POPATIA

www.castudymaterial.com

CA-CAF8 Cost and Management Accounting

Topical Past Papers Answers Booklet
from Spring 2010 to Autumn 2016
Version 1

By Taha Popatia
 ICAP-CMA -CAF8 By: Taha Popatia

TABLE OF CONTENTS
www.castudymaterial.com

1. DECISION MAKING.................................................................................................................... 1-12

2. MATERIAL/INVENTORY/ENTRIES ..................................................................................... 13-21

3. PROCESS/JOB/ BY-PRODUCT COSTING ............................................................................ 22-33

4. STANDARD COSTING.............................................................................................................. 34-45

5. THEORY ................................................................................................................................... 46-50

6. FORECAST AND BUDGET ....................................................................................................... 51-58

7. OVERHEADS ............................................................................................................................ 59-65

8. BREAK EVEN AND CVP ANALYSIS....................................................................................... 66-73

9. LABOUR ................................................................................................................................... 74-76

10. MARGINAL AND ABSORPTION COSTING ............................................................................ 77-79

11. RECONCILIATION OF PROFITS ......................................................................................................80

12. JOB ORDER .............................................................................................................................. 81-82

13. NPV AND IRR ........................................................................................................................ 83-85

14. TARGET COSTING...........................................................................................................................86

15. FINANCIAL INSTRUMENTS............................................................................................................87

16. SUSTAINABILITY REPORTING ......................................................................................................88

17. MISCELLANEOUS……………………………………………………………………………………….89

1|P ag e AR TT BUSIN ESS SCH OOL SIR TAHA POPATIA

 ICAP-CMA -CAF8 By: Taha Popatia

Topical Past Paper Questions for CAF8 (Cost and

www.castudymaterial.com

Management Accounting)
By Taha Popatia
Contains Questions from ICAP (Past Papers)

Available at

Commerce Book Point – 0300-9226612 / www.cbpbook.com

(Free Delivery at your doorstep, All ACCA/CA/ICMAP/PIPFA Books available)

For queries, suggestions and comments

ARTT Business School – 02134523176

Naveed A. Butt - 03343052701

Students can use this booklet to prepare the mentioned topics for their Costing exam.
The book will provide them with questions for practice.

Although reasonable efforts have been put into making the book free from majority of
the errors, nevertheless absolute assurance is never possible due to inherent limitations
in the process of compilation, interpretation and presentations, therefore I will not be
responsible for any errors found, if you find anything missing or some error in these
notes please contact me at [email protected] and
[email protected].

2|P ag e AR TT BUSIN ESS SCH OOL SIR TAHA POPATIA

 ICAP-CMA-Decision Making By: Taha Popatia
Answer 1:
www.castudymaterial.com

Spring 2010 Q5

1|P ag e AR TT BUSIN ESS SCH OOL 1 SIR TAHA POPATIA

 ICAP-CMA-Decision Making By: Taha Popatia
Answer 2:
www.castudymaterial.com

Autumn 2010 Q5

Answer 3:

Spring 2011 Q3

2|P ag e AR TT BUSIN ESS SCH OOL 2 SIR TAHA POPATIA

 ICAP-CMA-Decision Making By: Taha Popatia
www.castudymaterial.com

Answer 4:

Spring 2011 Q4
Answer 5:

3|P ag e AR TT BUSIN ESS SCH OOL 3 SIR TAHA POPATIA

 ICAP-CMA-Decision Making By: Taha Popatia
www.castudymaterial.com

Autumn 2011 Q5

Answer 6:

4|P ag e AR TT BUSIN ESS SCH OOL 4 SIR TAHA POPATIA

 ICAP-CMA-Decision Making By: Taha Popatia
www.castudymaterial.com

Spring 2012 Q5
Answer 7:

5|P ag e AR TT BUSIN ESS SCH OOL 5 SIR TAHA POPATIA

 ICAP-CMA-Decision Making By: Taha Popatia
www.castudymaterial.com

Autumn 2012 Q5

Answer 8:

Autumn 2012 Q8

6|P ag e AR TT BUSIN ESS SCH OOL 6 SIR TAHA POPATIA

 ICAP-CMA-Decision Making By: Taha Popatia
Answer 9:
www.castudymaterial.com

Spring 2013 Q7

7|P ag e AR TT BUSIN ESS SCH OOL 7 SIR TAHA POPATIA

 ICAP-CMA-Decision Making By: Taha Popatia
www.castudymaterial.com

Answer 10:

Spring 2013 Q3b

Answer 11:

Autumn 2013 Q2

8|P ag e AR TT BUSIN ESS SCH OOL 8 SIR TAHA POPATIA

 ICAP-CMA-Decision Making By: Taha Popatia
Answer 12:
www.castudymaterial.com

Autumn 2013 Q6a

Answer 13:

Spring 2014 Q6

9|P ag e AR TT BUSIN ESS SCH OOL 9 SIR TAHA POPATIA

 ICAP-CMA-Decision Making By: Taha Popatia
www.castudymaterial.com

Answer 14:

Autumn 2014 Q5b

10 | P a g e A R T T B U S I N E S S S C H O O L 10 SIR TAHA POPATIA

 ICAP-CMA-Decision Making By: Taha Popatia
Answer 15:
www.castudymaterial.com

Autumn 2015 Q9

Answer 16:

Spring 2016 Q7

11 | P a g e A R T T B U S I N E S S S C H O O L 11 SIR TAHA POPATIA

 ICAP-CMA-Decision Making By: Taha Popatia
Answer 17:
www.castudymaterial.com

Autumn 2016 Q6

12 | P a g e A R T T B U S I N E S S S C H O O L 12 SIR TAHA POPATIA

 ICAP-CMA-Material/Inventory/Entries By: Taha Popatia
Answer 1:
www.castudymaterial.com

Spring 2010 Q1

Answer 2:

Spring 2010 Q2

1|P ag e AR TT BUSIN ESS SCH OOL 13 SIR TAHA POPATIA

 ICAP-CMA-Material/Inventory/Entries By: Taha Popatia
Answer 3:
www.castudymaterial.com

Autumn 2010 Q2

2|P ag e AR TT BUSIN ESS SCH OOL 14 SIR TAHA POPATIA

 ICAP-CMA-Material/Inventory/Entries By: Taha Popatia
Answer 4:
www.castudymaterial.com

3|P ag e AR TT BUSIN ESS SCH OOL 15 SIR TAHA POPATIA

 ICAP-CMA-Material/Inventory/Entries By: Taha Popatia
www.castudymaterial.com

Spring 2011 Q6b

4|P ag e AR TT BUSIN ESS SCH OOL 16 SIR TAHA POPATIA

 ICAP-CMA-Material/Inventory/Entries By: Taha Popatia
Answer 5:
www.castudymaterial.com

Autumn 2011 Q6

5|P ag e AR TT BUSIN ESS SCH OOL 17 SIR TAHA POPATIA

 ICAP-CMA-Material/Inventory/Entries By: Taha Popatia
Answer 6:
www.castudymaterial.com

Spring 2012 Q1

6|P ag e AR TT BUSIN ESS SCH OOL 18 SIR TAHA POPATIA

 ICAP-CMA-Material/Inventory/Entries By: Taha Popatia
Answer 7:
www.castudymaterial.com

Autumn 2012 Q4

7|P ag e AR TT BUSIN ESS SCH OOL 19 SIR TAHA POPATIA

 ICAP-CMA-Material/Inventory/Entries By: Taha Popatia
Answer 8:
www.castudymaterial.com

Spring 2013 Q1b

Answer 9:

Autumn 2013 Q3

8|P ag e AR TT BUSIN ESS SCH OOL 20 SIR TAHA POPATIA

 ICAP-CMA-Material/Inventory/Entries By: Taha Popatia
Answer 10:
www.castudymaterial.com

Spring 2014 Q1b

Answer 11:

Autumn 2015 Q7

9|P ag e AR TT BUSIN ESS SCH OOL 21 SIR TAHA POPATIA

 ICAP-CMA-Process/Joint/ By Product Costing By: Taha Popatia
Answer 1:
www.castudymaterial.com

1|P ag e AR TT BUSIN ESS SCH OOL 22 SIR TAHA POPATIA

 ICAP-CMA-Process/Joint/ By Product Costing By: Taha Popatia
www.castudymaterial.com

Spring 2010 Q3

Answer 2:

2|P ag e AR TT BUSIN ESS SCH OOL 23 SIR TAHA POPATIA

 ICAP-CMA-Process/Joint/ By Product Costing By: Taha Popatia
www.castudymaterial.com

Autumn 2011 Q4
Answer 3:

3|P ag e AR TT BUSIN ESS SCH OOL 24 SIR TAHA POPATIA

 ICAP-CMA-Process/Joint/ By Product Costing By: Taha Popatia
www.castudymaterial.com

Spring 2012 Q7a

Answer 4:

4|P ag e AR TT BUSIN ESS SCH OOL 25 SIR TAHA POPATIA

 ICAP-CMA-Process/Joint/ By Product Costing By: Taha Popatia
www.castudymaterial.com

Autumn 2012 Q6
Answer 5:

5|P ag e AR TT BUSIN ESS SCH OOL 26 SIR TAHA POPATIA

 ICAP-CMA-Process/Joint/ By Product Costing By: Taha Popatia
www.castudymaterial.com

Spring 2013 Q5

Answer 6:

Autumn 2013 Q6b

6|P ag e AR TT BUSIN ESS SCH OOL 27 SIR TAHA POPATIA

 ICAP-CMA-Process/Joint/ By Product Costing By: Taha Popatia
Answer 7:
www.castudymaterial.com

Autumn 2014 Q1

7|P ag e AR TT BUSIN ESS SCH OOL 28 SIR TAHA POPATIA

 ICAP-CMA-Process/Joint/ By Product Costing By: Taha Popatia
Answer 8:
www.castudymaterial.com

Spring 2015 Q4

8|P ag e AR TT BUSIN ESS SCH OOL 29 SIR TAHA POPATIA

 ICAP-CMA-Process/Joint/ By Product Costing By: Taha Popatia
Answer 9:
www.castudymaterial.com

Spring 2015 Q5
Answer 10:

9|P ag e AR TT BUSIN ESS SCH OOL 30 SIR TAHA POPATIA

 ICAP-CMA-Process/Joint/ By Product Costing By: Taha Popatia
www.castudymaterial.com

Autumn 2015 Q1

Answer 11:

Autumn 2015 Q4a

Answer 12:

10 | P a g e A R T T B U S I N E S S S C H O O L 31 SIR TAHA POPATIA

 ICAP-CMA-Process/Joint/ By Product Costing By: Taha Popatia
www.castudymaterial.com

Spring 2016 Q6

Answer 13:

11 | P a g e A R T T B U S I N E S S S C H O O L 32 SIR TAHA POPATIA

 ICAP-CMA-Process/Joint/ By Product Costing By: Taha Popatia
www.castudymaterial.com

Autumn 2016 Q3

12 | P a g e A R T T B U S I N E S S S C H O O L 33 SIR TAHA POPATIA

 ICAP-CMA-Standard Costing By: Taha Popatia
Answer 1:
www.castudymaterial.com

Spring 2010 Q4

1|P ag e AR TT BUSIN ESS SCH OOL 34 SIR TAHA POPATIA

 ICAP-CMA-Standard Costing By: Taha Popatia
Answer 2:
www.castudymaterial.com

Autumn 2010 Q6

2|P ag e AR TT BUSIN ESS SCH OOL 35 SIR TAHA POPATIA

 ICAP-CMA-Standard Costing By: Taha Popatia
Answer 3:
www.castudymaterial.com

Autumn 2011 Q3a

3|P ag e AR TT BUSIN ESS SCH OOL 36 SIR TAHA POPATIA

 ICAP-CMA-Standard Costing By: Taha Popatia
Answer 3:
www.castudymaterial.com

Autumn 2011 Q3a

3|P ag e AR TT BUSIN ESS SCH OOL 37 SIR TAHA POPATIA

 ICAP-CMA-Standard Costing By: Taha Popatia
Answer 4:
www.castudymaterial.com

Spring 2013 Q2

4|P ag e AR TT BUSIN ESS SCH OOL 38 SIR TAHA POPATIA

 ICAP-CMA-Standard Costing By: Taha Popatia
Answer 5:
www.castudymaterial.com

Autumn 2014 Q4

5|P ag e AR TT BUSIN ESS SCH OOL 39 SIR TAHA POPATIA

 ICAP-CMA-Standard Costing By: Taha Popatia
Answer 6:
www.castudymaterial.com

Spring 2015 Q3b

6|P ag e AR TT BUSIN ESS SCH OOL 40 SIR TAHA POPATIA

 ICAP-CMA-Standard Costing By: Taha Popatia
Answer 7:
www.castudymaterial.com

Autumn 2015 Q4b

7|P ag e AR TT BUSIN ESS SCH OOL 41 SIR TAHA POPATIA

 ICAP-CMA-Standard Costing By: Taha Popatia
Answer 8:
www.castudymaterial.com

8|P ag e AR TT BUSIN ESS SCH OOL 42 SIR TAHA POPATIA

 ICAP-CMA-Standard Costing By: Taha Popatia
www.castudymaterial.com

Spring 2016 Q3

9|P ag e AR TT BUSIN ESS SCH OOL 43 SIR TAHA POPATIA

 ICAP-CMA-Standard Costing By: Taha Popatia
Answer 9:
www.castudymaterial.com

10 | P a g e A R T T B U S I N E S S S C H O O L 44 SIR TAHA POPATIA

 ICAP-CMA-Standard Costing By: Taha Popatia
www.castudymaterial.com

Autumn 2016 Q7

11 | P a g e A R T T B U S I N E S S S C H O O L 45 SIR TAHA POPATIA

 ICAP-CMA-Theory By: Taha Popatia
Answer 1:
www.castudymaterial.com

Spring 2010 Q6
Answer 2:

Spring 2011 Q6a

1|P ag e AR TT BUSIN ESS SCH OOL 46 SIR TAHA POPATIA

 ICAP-CMA-Theory By: Taha Popatia
Answer 3:
www.castudymaterial.com

Spring 2012 Q8

Answer 4:

Autumn 2012 Q3b

Answer 5:

2|P ag e AR TT BUSIN ESS SCH OOL 47 SIR TAHA POPATIA

 ICAP-CMA-Theory By: Taha Popatia
www.castudymaterial.com

Spring 2013 Q1a

Answer 6:

Autumn 2013 Q1b

3|P ag e AR TT BUSIN ESS SCH OOL 48 SIR TAHA POPATIA

 ICAP-CMA-Theory By: Taha Popatia
Answer 7:
www.castudymaterial.com

Spring 2014 Q1a

Answer 8:

Autumn 2014 Q5a

Answer 9:

Autumn 2014 Q7a

4|P ag e AR TT BUSIN ESS SCH OOL 49 SIR TAHA POPATIA

 ICAP-CMA-Theory By: Taha Popatia
Answer 10:
www.castudymaterial.com

Spring 2015 Q3a

Answer 11:

Autumn 2016 Q4

5|P ag e AR TT BUSIN ESS SCH OOL 50 SIR TAHA POPATIA

 ICAP-CMA-Forecast and Budget By: Taha Popatia
Answer 1:
www.castudymaterial.com

Spring 2010 Q7

Answer 2:

Spring 2011 Q1
Answer 3:

1|P ag e AR TT BUSIN ESS SCH OOL 51 SIR TAHA POPATIA

 ICAP-CMA-Forecast and Budget By: Taha Popatia
www.castudymaterial.com

Autumn 2011 Q2a

Answer 4:

Autumn 2011 Q3b

2|P ag e AR TT BUSIN ESS SCH OOL 52 SIR TAHA POPATIA

 ICAP-CMA-Forecast and Budget By: Taha Popatia
Answer 5:
www.castudymaterial.com

Spring 2012 Q6

Answer 6:

3|P ag e AR TT BUSIN ESS SCH OOL 53 SIR TAHA POPATIA

 ICAP-CMA-Forecast and Budget By: Taha Popatia
www.castudymaterial.com

Autumn 2013 Q4

4|P ag e AR TT BUSIN ESS SCH OOL 54 SIR TAHA POPATIA

 ICAP-CMA-Forecast and Budget By: Taha Popatia
Answer 7:
www.castudymaterial.com

Autumn 2013 Q1a

Answer 8:

5|P ag e AR TT BUSIN ESS SCH OOL 55 SIR TAHA POPATIA

 ICAP-CMA-Forecast and Budget By: Taha Popatia
www.castudymaterial.com

Autumn 2015 Q6
Answer 9:

6|P ag e AR TT BUSIN ESS SCH OOL 56 SIR TAHA POPATIA

 ICAP-CMA-Forecast and Budget By: Taha Popatia
www.castudymaterial.com

Spring 2016 Q1

7|P ag e AR TT BUSIN ESS SCH OOL 57 SIR TAHA POPATIA

 ICAP-CMA-Forecast and Budget By: Taha Popatia
Answer 10:
www.castudymaterial.com

Autumn 2016 Q1

8|P ag e AR TT BUSIN ESS SCH OOL 58 SIR TAHA POPATIA

 ICAP-CMA-Overheads By: Taha Popatia
Answer 1:
www.castudymaterial.com

Autumn 2010 Q1
Answer 2:

1|P ag e AR TT BUSIN ESS SCH OOL 59 SIR TAHA POPATIA

 ICAP-CMA-Overheads By: Taha Popatia
www.castudymaterial.com

Spring 2011 Q2

Answer 3:

Autumn 2011 Q1

2|P ag e AR TT BUSIN ESS SCH OOL 60 SIR TAHA POPATIA

 ICAP-CMA-Overheads By: Taha Popatia
Answer 4:
www.castudymaterial.com

Spring 2012 Q2

Answer 5:

3|P ag e AR TT BUSIN ESS SCH OOL 61 SIR TAHA POPATIA

 ICAP-CMA-Overheads By: Taha Popatia
www.castudymaterial.com

Autumn 2012 Q3a

Answer 6:

4|P ag e AR TT BUSIN ESS SCH OOL 62 SIR TAHA POPATIA

 ICAP-CMA-Overheads By: Taha Popatia
www.castudymaterial.com

Spring 2013 Q4

Answer 7:

Autumn 2013 Q7

5|P ag e AR TT BUSIN ESS SCH OOL 63 SIR TAHA POPATIA

 ICAP-CMA-Overheads By: Taha Popatia
Answer 8:
www.castudymaterial.com

Spring 2014 Q2

Answer 9:

Autumn 2014 Q7b

6|P ag e AR TT BUSIN ESS SCH OOL 64 SIR TAHA POPATIA

 ICAP-CMA-Overheads By: Taha Popatia
Answer 10:
www.castudymaterial.com

Spring 2016 Q5

7|P ag e AR TT BUSIN ESS SCH OOL 65 SIR TAHA POPATIA

 ICAP-CMA-B.Even and CVP Analysis By: Taha Popatia
Answer1:
www.castudymaterial.com

Autumn 2010 Q3

Answer2:

1|P ag e AR TT BUSIN ESS SCH OOL 66 SIR TAHA POPATIA

 ICAP-CMA-B.Even and CVP Analysis By: Taha Popatia
www.castudymaterial.com

Spring 2011 Q5
Answer3:

2|P ag e AR TT BUSIN ESS SCH OOL 67 SIR TAHA POPATIA

 ICAP-CMA-B.Even and CVP Analysis By: Taha Popatia
www.castudymaterial.com

Spring 2012 Q4

Answer4:

3|P ag e AR TT BUSIN ESS SCH OOL 68 SIR TAHA POPATIA

 ICAP-CMA-B.Even and CVP Analysis By: Taha Popatia
www.castudymaterial.com

Autumn 2012 Q7
Answer5:

Spring 2013 Q6

4|P ag e AR TT BUSIN ESS SCH OOL 69 SIR TAHA POPATIA

 ICAP-CMA-B.Even and CVP Analysis By: Taha Popatia
Answer6:
www.castudymaterial.com

Spring 2014 Q5

5|P ag e AR TT BUSIN ESS SCH OOL 70 SIR TAHA POPATIA

 ICAP-CMA-B.Even and CVP Analysis By: Taha Popatia
Answer7:
www.castudymaterial.com

Spring 2014 Q7

Answer8:

Autumn 2014 Q2

6|P ag e AR TT BUSIN ESS SCH OOL 71 SIR TAHA POPATIA

 ICAP-CMA-B.Even and CVP Analysis By: Taha Popatia
Answer 9:
www.castudymaterial.com

Spring 2015 Q1

Answer10:

Autumn 2015 Q3

7|P ag e AR TT BUSIN ESS SCH OOL 72 SIR TAHA POPATIA

 ICAP-CMA-B.Even and CVP Analysis By: Taha Popatia
Answer 11:
www.castudymaterial.com

Spring 2016 Q8

Answer 12:

Autumn 2016 Q5

8|P ag e AR TT BUSIN ESS SCH OOL 73 SIR TAHA POPATIA

 ICAP-CMA-Labour By: Taha Popatia
Answer 1:
www.castudymaterial.com

Autumn 2010 Q7

Answer 2:

Autumn 2011 Q2b

1|P ag e AR TT BUSIN ESS SCH OOL 74 SIR TAHA POPATIA

 ICAP-CMA-Labour By: Taha Popatia
Answer 3:
www.castudymaterial.com

Spring 2012 Q3

Answer 4:

Autumn 2012 Q2

2|P ag e AR TT BUSIN ESS SCH OOL 75 SIR TAHA POPATIA

 ICAP-CMA-Labour By: Taha Popatia
Answer 5:
www.castudymaterial.com

Spring 2013 Q3a

Answer 6:

Autumn 2013 Q1c

Answer 7:

Spring 2014 Q3

3|P ag e AR TT BUSIN ESS SCH OOL 76 SIR TAHA POPATIA

 ICAP-CMA-Marginal/Absorption Costing By: Taha Popatia
Answer 1:
www.castudymaterial.com

Autumn 2010 Q4

1|P ag e AR TT BUSIN ESS SCH OOL 77 SIR TAHA POPATIA

 ICAP-CMA-Marginal/Absorption Costing By: Taha Popatia
Answer 2:
www.castudymaterial.com

Spring 2012 Q7b

Answer 3:

2|P ag e AR TT BUSIN ESS SCH OOL 78 SIR TAHA POPATIA

 ICAP-CMA-Marginal/Absorption Costing By: Taha Popatia
www.castudymaterial.com

Spring 2014 Q4

Answer 4:

Spring 2015 Q3c and d

3|P ag e AR TT BUSIN ESS SCH OOL 79 SIR TAHA POPATIA

 ICAP-CMA-Reconciliation of Profits By: Taha Popatia
Answer 1:
www.castudymaterial.com

Autumn 2012 Q1a

1|P ag e AR TT BUSIN ESS SCH OOL 80 SIR TAHA POPATIA

 ICAP-CMA-Job Order By: Taha Popatia
Answer 1:
www.castudymaterial.com

Autumn 2013 Q5

1|P ag e AR TT BUSIN ESS SCH OOL 81 SIR TAHA POPATIA

 ICAP-CMA-Job Order By: Taha Popatia
Answer 2:
www.castudymaterial.com

Autumn 2014 Q6

2|P ag e AR TT BUSIN ESS SCH OOL 82 SIR TAHA POPATIA

 ICAP-CMA-NPV and IRR By: Taha Popatia
Answer 1:
www.castudymaterial.com

Autumn 2014 Q3

Answer 2:

Spring 2015 Q2

1|P ag e AR TT BUSIN ESS SCH OOL 83 SIR TAHA POPATIA

 ICAP-CMA-NPV and IRR By: Taha Popatia
Answer 3:
www.castudymaterial.com

Autumn 2015 Q2

Answer 4:

Spring 2016 Q4

2|P ag e AR TT BUSIN ESS SCH OOL 84 SIR TAHA POPATIA

 ICAP-CMA-NPV and IRR By: Taha Popatia
Answer 5:
www.castudymaterial.com

Autumn 2016 Q2

3|P ag e AR TT BUSIN ESS SCH OOL 85 SIR TAHA POPATIA

 ICAP-CMA-Target Costing By: Taha Popatia
Answer 1:
www.castudymaterial.com

Spring 2015 Q6

1|P ag e AR TT BUSIN ESS SCH OOL 86 SIR TAHA POPATIA

 ICAP-CMA-Financial Instruments By: Taha Popatia
Answer 1:
www.castudymaterial.com

Autumn 2015 Q5
Answer 2:

Spring 2016 Q2
Answer 3:

Autumn 2016 Q9

1|P ag e AR TT BUSIN ESS SCH OOL 87 SIR TAHA POPATIA

 ICAP-CMA-Sustainability Reporting By: Taha Popatia
Answer 1:
www.castudymaterial.com

Autumn 2015 Q8
Answer 2:

Spring 2016 Q9
Answer 3:

Autumn 2016 Q8

1|P ag e AR TT BUSIN ESS SCH OOL 88 SIR TAHA POPATIA

 ICAP-CMA-Miscellaneous By: Taha Popatia
Answer 1:
www.castudymaterial.com

Autumn 2012 Q1b

1|P ag e AR TT BUSIN ESS SCH OOL 89 SIR TAHA POPATIA