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ICAEW BIP practice modes

Question bank · ICAEW ACA Certificate Level

ICAEW BIP Business Insight and Performance MCQs with Answers

130 multiple-choice questions for Business Insight and Performance, organised chapter by chapter, each with the correct answer and a worked explanation. Costing, budgeting, performance management and decision making — Next Generation ACA Certificate Level practice. Read them here, then switch to a timed mock to test yourself under exam pressure.

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  1. Chapter 1Cost classification and cost behaviour10 MCQs
  2. Chapter 2Overheads, absorption and marginal costing12 MCQs
  3. Chapter 3Job, batch, process and service costing8 MCQs
  4. Chapter 4Pricing decisions11 MCQs
  5. Chapter 5Transfer pricing9 MCQs
  6. Chapter 6Budgeting: purposes and approaches11 MCQs
  7. Chapter 7Preparing functional and cash budgets10 MCQs
  8. Chapter 8Forecasting techniques and flexible budgets10 MCQs
  9. Chapter 9Standard costing and variance analysis13 MCQs
  10. Chapter 10The external environment, technology, data and ethics10 MCQs
  11. Chapter 11Cost-volume-profit analysis and limiting factors10 MCQs
  12. Chapter 12Relevant costs and short-term decisions7 MCQs
  13. Chapter 13Investment appraisal9 MCQs

How to use this ICAEW BIP question bank

Read a chapter end-to-end once, covering the answer before you reveal it. Then drill the same chapter in topical mode, and finish with a timed exam simulation to build speed. Wrong answers can be flagged and revisited from your subject dashboard.