Part 1 Video Description
• Key Topics:
Benchmarking types, target costing approaches, abnormal losses and gains, marginal vs. absorption costing, budgeting benefits, and graphical representations of costs.
Concepts Covered:
• Understanding different benchmarking methods and their practical applications.
• Analyzing cost behavior and calculating profits using marginal and absorption costing.
• Evaluating the role of budgeting in management accounting.
• Applying cost-based decision-making techniques to purchasing and efficiency analysis.
Description:
This video focuses on Questions 1–10 of the MA specimen exam, covering key management accounting concepts. We explore benchmarking methods, abnormal loss and gain calculations, and profit analysis using different costing approaches. Additionally, we examine budgeting benefits and graphical cost representation to support decision-making. This session provides a structured approach to developing a strong foundation in management accounting.

Part 2 Video Description
Key Topics:
Return on Investment (ROI), residual income, variance analysis, financial performance measures, correlation coefficients, and job costing.
Concepts Covered:
• Calculating and interpreting ROI and residual income in performance evaluation.
• Understanding variances in material costs, sales volume, and pricing.
• Evaluating financial performance using key metrics and statistical tools.
• Analyzing production costs and their impact on profitability.
Description:
This video covers Questions 11–20 of the MA specimen exam, diving into essential performance measurement and variance analysis concepts. We calculate ROI and residual income, explore cost variances, and analyze financial performance metrics. Through these calculations, the session enhances your understanding of management accounting techniques used for business decision-making.

Part 3 Video Description
Key Topics:
Principal budget factor, overhead absorption, big data analytics, cost variances, regression analysis, EOQ, and statistical probability.
Concepts Covered:
• Identifying the principal budget factor and its impact on planning.
• Analyzing overhead absorption and performance variances in costing.
• Applying big data analytics to business decision-making.
• Calculating EOQ and using statistical probability in financial decision-making.
Description:
This video concludes the MA specimen exam Section A with Questions 21–35, covering budgeting, variance analysis, big data applications, and costing techniques. We explore statistical probability, EOQ calculations, and regression analysis for cost forecasting. This session strengthens your ability to analyze financial performance and optimize business decision-making.