The Higher National Diploma in Accountancy (HNDA) is a four years programme. The HNDA programme is the first professional accounting course introduced in Sri Lanka. The HNDA is considered as an alternative to a B.Com degree offered by a Sri Lankan university by the Public Administration Circular No.46/90 of 1990. HNDA programme is conducted by the Sri Lanka Institute of Advanced Technological Education (SLIATE) at the Advanced Technological Institute (ATIs). Advanced Management Accounting is a three-credit subject in the HNDA syllabus and is taught in the first semester of the third year. This book systematically collects past paper questions over the last nine years, from 2010 to 2018. The questions are presented in section one and suggested answers in section two for each chapter in the respective order. This book helps HNDA students as Revision Kit to understand area, depth and other characteristics of questions in the past. It may facilities students to prepare their exams with enthusiastic attitude and pass the exam effectively.