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Management Information

Chapter-focused MCQ practice with live instruction covering all eight ICAB Certificate MI topics: cost behaviour, absorption/marginal costing, budgeting, variance analysis, relevant costing, pricing decisions, and performance measurement.

4.6(192 reviews)870 studentsEnglish & Bangla
Salma Begum
Instructor
Salma Begum · ACA, ICAB
Management Information
BDT 3,500BDT 6,000Save 42%
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36 hours of content
21 lessons
8 quizzes · 4 assignments
6 months access from enrolment date

What You'll Learn

The purpose and nature of management information
Cost classification, cost behaviour, and cost-volume-profit analysis
Absorption costing vs marginal costing and their profit differences
Budget preparation: functional budgets and the master budget
Standard costing and variance analysis (material, labour, overhead)
Relevant costing for make-or-buy, shutdown, and special-order decisions
Pricing approaches: cost-plus, marginal cost, and target costing
Performance measurement using financial and non-financial indicators

Chapter Quizzes

11 timed quizzes · live from question bank
1
Chapter 1: The fundamentals of costing
10 of 22 Q · 10 min · pass 60%
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2
Chapter 2: Calculating unit costs (Part 1)
10 of 26 Q · 10 min · pass 60%
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3
Chapter 3: Calculating unit costs (Part 2)
10 of 38 Q · 10 min · pass 60%
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4
Chapter 4: Marginal costing and absorption costing
10 of 19 Q · 10 min · pass 60%
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5
Chapter 5: Pricing calculations
10 of 36 Q · 10 min · pass 60%
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6
Chapter 6: Budgeting
10 of 45 Q · 10 min · pass 60%
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7
Chapter 7: Working capital
10 of 40 Q · 10 min · pass 60%
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8
Chapter 8: Performance management
10 of 27 Q · 10 min · pass 60%
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9
Chapter 9: Standard costing and variance analysis
10 of 31 Q · 10 min · pass 60%
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10
Chapter 10: Breakeven analysis and limiting factor analysis
10 of 24 Q · 10 min · pass 60%
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11
Chapter 11: Investment appraisal techniques
10 of 41 Q · 10 min · pass 60%
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Course Curriculum

8 topics · 21 lessons · 8 quizzes · 4 assignments
Topic 1: Nature and Purpose of Management Information
2 lessons · 1 quiz
+
  • Financial vs management accountingPreview
    14 min
  • Qualities of good management information (ACCURATE)
    12 min
  • Nature of MI — MCQQuiz · 6 Q
    15 min
Topic 2: Cost Classification and Behaviour
3 lessons · 1 quiz
+
  • Cost classification: by nature, function, behaviourPreview
    18 min
  • Cost-volume-profit (CVP) analysis and break-even
    22 min
  • High-low method for cost estimation
    16 min
  • Cost Behaviour — MCQQuiz · 8 Q
    20 min
Topic 3: Absorption and Marginal Costing
2 lessons · 1 quiz · 1 assignment
+
  • Absorption costing: OAR and overhead absorption
    20 min
  • Marginal costing vs absorption costing — profit differences
    22 min
  • Profit reconciliation statementAssignment · 60 pts
    1 week
  • Absorption vs Marginal — MCQQuiz · 7 Q
    20 min
Topic 4: Budgeting and Budgetary Control
3 lessons · 1 quiz · 1 assignment
+
  • Purpose and types of budgets
    18 min
  • Preparing functional budgets: sales, production, materials, labour
    26 min
  • Live class — master budget walk-through
    90 min
  • Functional budget preparationAssignment · 80 pts
    1 week
  • Budgeting — MCQQuiz · 7 Q
    20 min
Topic 5: Standard Costing and Variance Analysis
4 lessons · 1 quiz · 1 assignment
+
  • Standard costs: types and uses
    18 min
  • Material and labour variances
    24 min
  • Overhead and sales variances
    22 min
  • Live class — variance analysis worked examples
    90 min
  • Variance reportAssignment · 80 pts
    1 week
  • Variance Analysis — MCQQuiz · 9 Q
    25 min
Topic 6: Decision Making and Relevant Costs
3 lessons · 1 quiz
+
  • Relevant costs: incremental, avoidable, opportunity costs
    20 min
  • Make-or-buy and outsourcing decisions
    18 min
  • Limiting factor analysis and contribution per limiting factor
    22 min
  • Relevant Costing — MCQQuiz · 7 Q
    20 min
Topic 7: Pricing Decisions
2 lessons · 1 quiz
+
  • Cost-plus and full-cost pricing
    16 min
  • Marginal cost pricing, target costing, and price elasticity
    20 min
  • Pricing Decisions — MCQQuiz · 6 Q
    18 min
Topic 8: Performance Measurement
2 lessons · 1 quiz · 1 assignment
+
  • Financial performance indicators: profitability, liquidity, efficiency
    22 min
  • Non-financial performance indicators and the balanced scorecard
    18 min
  • Performance reportAssignment · 70 pts
    1 week
  • Performance Measurement — MCQQuiz · 6 Q
    18 min

Requirements

  • •Comfort with arithmetic and basic financial statements

Who This Course Is For

  • ICAB Certificate-level candidates sitting the MI paper
  • Junior management accountants

About the Instructor

Salma Begum

Salma Begum

ACA, ICAB

Specialises in financial accounting pedagogy at the Certificate level.

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