Most Recent CIMAPRO19-P02-1 Exam Dumps

Prepare for the CIMA P2 Advanced Management Accounting exam with our extensive collection of questions and answers. These practice Q&A are updated according to the latest syllabus, providing you with the tools needed to review and test your knowledge.

QA4Exam focus on the latest syllabus and exam objectives, our practice Q&A are designed to help you identify key topics and solidify your understanding. By focusing on the core curriculum, These Questions & Answers helps you cover all the essential topics, ensuring you're well-prepared for every section of the exam. Each question comes with a detailed explanation, offering valuable insights and helping you to learn from your mistakes. Whether you're looking to assess your progress or dive deeper into complex topics, our updated Q&A will provide the support you need to confidently approach the CIMAPRO19-P02-1 exam and achieve success.

The questions for CIMAPRO19-P02-1 were last updated on Mar 30, 2025.

Viewing page 1 out of 40 pages.
Viewing questions 1-5 out of 202 questions

Get All 202 Questions & Answers

Question No. 1

Which of the following is a valid objective of a transfer pricing system?

ATo achieve divisional autonomy

BTo maintain head office control

CTo establish centralised decision making

DTo develop a top-down culture

Show Answer

Correct Answer: A

Question No. 2

One aspect of life cycle costing is the recognition of the fact that during the design or development stage a large proportion of many products' life cycle costs are:

Adetermined

Bwasted

Cunder absorbed

Damortised

Show Answer

Correct Answer: A

Question No. 3

A manager must decide which one of three projects should be implemented. For each project the possible outcomes and their associated probabilities can be estimated reliably. The manager has decided to make the decision based solely on which project has the highest expected value of profit.

Which of the following statements are correct?

Select ALL that apply.

AThe manager will select the project with the lowest standard deviation.

BThe range of possible outcomes for each project is not important to the manager.

CThe decision is characterized by uncertainty and the manager is risk seeking.

DThe manager will select the project with the highest of all of the possible outcomes.

EThe decision is characterized by risk and the manager is risk neutral.

Show Answer

Correct Answer: B, E

Question No. 4

A company makes three products, E, F and G. Total overheads for the year are expected to be $1.2 million, with the following split between cost pools:

Cost driver information has been estimated as follows:

The company plans to make 10,000 units of product E in the year, with an expected direct cost of $0.60 per unit. This annual production of product E is expected to require 20 quality inspections, 28 purchase requisitions, and 400 kilogrammes of materials.

What is the overhead cost per unit of product E?

A$0.10

B$0.70

C$3.57

D$4.17

Show Answer

Correct Answer: A

Question No. 5

An investment centre is appraising a potential project that is expected to yield a Return on Investment (ROI) of 12%.

Without the project the investment centre expects to earn an ROI of 14%. The cost of capital is 10%.

What would be the impact on the investment centre's performance measures if the project is accepted?

AResidual Income would decrease and ROI would increase.

BResidual Income would decrease and ROI would decrease.

CResidual Income would increase and ROI would increase.

DResidual Income would increase and ROI would decrease.

Show Answer

Correct Answer: D

Unlock All Questions for CIMA CIMAPRO19-P02-1 Exam

Full Exam Access, Actual Exam Questions, Validated Answers, Anytime Anywhere, No Download Limits, No Practice Limits

Get All 202 Questions & Answers