ACCA MA — Management Accounting Practice Exam 1

BioGenix Therapeutics is deciding whether to acquire a smaller biotech startup to expand its gene-editing portfolio over the next five years.

Which level of management is primarily responsible for this decision, and what type of information is required?

AeroSpace Imaging Inc. processes terabytes of satellite imagery daily to provide real-time agricultural yield predictions.

Which of the following are recognized characteristics (the 'V's) of Big Data that apply to this scenario? (Select all that apply)

A non-governmental organization (NGO) providing clean water solutions incurs the following costs for a specific project:

• Direct materials (filters): $12,500
• Direct labor (engineers): $8,200
• Supervisor salary (apportioned): $3,000
• Direct expenses (specialized drilling equipment hire): $4,300
• General administrative overheads: $2,100

Calculate the Prime Cost of the project. (Enter number only, no commas or symbols)

The IT support department of a global fintech company provides internal services to other departments. The manager of the IT department has control over staffing costs, software licenses, and equipment maintenance, but does not generate external revenue or make decisions on capital investments.

What type of responsibility center is the IT support department?

Which of the following is NOT a characteristic of good management information, according to the ACCURATE acronym?