Section 3
Section 3 is the Management Accounting section of the exam and is worth 80 marks or 20% of the paper . You are required to answer one question from this section either Question 8 or Question 9. The areas of the course that usually come up in this section include the following
Question 8
Q8 is usually on costing -
1. Product Costing
2. Stock valuation
3. Overhead apportionment and
4. Marginal Costing
NOTE - Sometimes flexible budgeting can come up as part of this section
Question 9
Q9 is usually on budgeting -
1. Cash Budgeting
2. Flexible Budgeting (Can also come up in Question 8 as well)
3. Production Budgeting
Each of the question are worth 80 marks each and you have 35 minutes to answer one of the two questions
Question 8
Q8 is usually on costing -
1. Product Costing
2. Stock valuation
3. Overhead apportionment and
4. Marginal Costing
NOTE - Sometimes flexible budgeting can come up as part of this section
Question 9
Q9 is usually on budgeting -
1. Cash Budgeting
2. Flexible Budgeting (Can also come up in Question 8 as well)
3. Production Budgeting
Each of the question are worth 80 marks each and you have 35 minutes to answer one of the two questions