ACCA MA/F2/FMA Management Accounting Practice Tests

About this course

Prepare for the ACCA Management Accounting exam, also known as F2 or FMA, with 412 original multiple-choice practice questions and two full mock exams written to the current 2026/27 ACCA syllabus and study guide. MA (F2/FMA) develops the costing, budgeting and performance techniques a management accountant uses to plan, control and support decisions. It is one of the three ACCA Applied Knowledge exams.Management Accounting is a calculation-heavy exam, so this course is built around worked numerical questions. Every figure in every answer has been computed and checked, and each question carries a full explanation showing the method, so you learn how to reach the answer rather than just seeing it.The course is organised into four topic practice tests following the six MA syllabus areas:Management information, data analysis and statistical techniquesCost accounting techniquesBudgeting and investment appraisalStandard costing, variances and performance measurementYou then face two full mock exams weighted across all six areas in the same proportions as the real paper.What the course covers: cost classification and behaviour, high-low and regression, index numbers and time series, sampling and big data, economic order quantity, FIFO and weighted average, overhead absorption and under- or over-absorption, marginal and absorption costing, job, batch, process and service costing, budgets and flexible budgets, net present value, internal rate of return, payback, annuities and perpetuities, standard costing and the full set of variances, and performance measurement including return on investment, residual income, ratios, the Balanced Scorecard and the three Es.Please note: the real MA exam also includes Section B, made up of three multi-task questions on budgeting, standard costing and performance measurement. These multi-task questions cannot be reproduced as automatically marked practice questions, so this cours