CPA Australia · Foundation exam · Seventh edition
CPA Australia Management Accounting Foundation Exam
Cost behavior and CVP, product costing, budgets and variances, performance measurement, and short- and long-term decisions. 100 multiple-choice questions, four options each, 195 minutes, closed book, scaled score with 540 of 900 to pass.
Time
195 minutes
Book
Closed book
Pass mark
540 / 900
Module weights
From the seventh edition outline on cpaaustralia.com.au. Our diagnostics and mock papers draw questions in these proportions.
1.The nature and purpose of management accounting
7%2.Cost classification and cost-volume-profit analysis
15%3.Types of product costing
23%4.Budgeting and variance analysis
20%5.Performance measurement
12%6.Short-term and long-term decision making
18%7.Inventory and pricing decisions
5%
5 practice questions
Original questions, one or two per module, with the explanation and the paragraph each answer rests on. The full bank of 200 questions, the diagnostic and your wrong-question list are in the free dashboard.
Which feature best distinguishes management accounting from financial accounting?
Frequently asked questions
How long is the CPA Australia Management Accounting exam?
195 minutes. It is 100 multiple-choice questions, four options each, closed book. On-screen calculator.
What does the Management Accounting exam weight most heavily?
Module 3, Types of product costing (23%), and Module 4, Budgeting and variance analysis (20%). The seventh edition outline publishes a weighting for every module; the table on this page lists them all.
What score do I need to pass Management Accounting?
CPA Australia reports a scaled score from 100 to 900, and 540 is a pass. The raw mark behind it is not published.
Other Foundation exams
Exam rules from CPA Australia . EstatePass is not affiliated with CPA Australia; questions are our own, written from public standards and legislation.