Limited-Time Offer: Enjoy 60% Savings! - Ends In 0d 00h 00m 00s Coupon code: 60OFF
Welcome to QA4Exam
Logo

- Trusted Worldwide Questions & Answers

Most Recent CIMAPRO19-P02-1 Exam Questions & Answers


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 Nov 21, 2024.
  • Viewing page 1 out of 40 pages.
  • Viewing questions 1-5 out of 202 questions
Get All 202 Questions & Answers
Question No. 1

Which TWO of the following are reasons why cost-based approaches to transfer pricing are often used in practice?

Show Answer Hide Answer
Correct Answer: C, D

Question No. 2

A company has invested $500,000 in developing a new product and requires a return of 12% on this investment.

The company has researched the market and has set the selling price for the new product at $300 per unit. At this price, sales volume for next year is forecast to be 500 units. The forecast unit cost is $210.

What is the target cost gap per unit for the coming year?

Give your answer to the nearest whole $.

Show Answer Hide Answer
Correct Answer: A

Question No. 3

A company has just completed the production of the first 16 batches of a product. A learning curve has been observed throughout. The following table gives further details.

To the nearest whole percentage, what rate of learning is implied?

Show Answer Hide Answer
Correct Answer: C

Question No. 4

An organization uses a balanced scorecard approach to performance measurement, both at the corporate level and to assess the performance of each of its responsibility centre managers.

Which THREE of the following statements are valid in respect of the effect of this approach on the behavior of the responsibility centre managers?

Show Answer Hide Answer
Correct Answer: B, D, E

Question No. 5

K Supermarket spends $80,000 per year on checking and processing receipts of inventory. Annual warehouse costs are a further $70,000 per year. These costs are currently treated as fixed overheads in the company's costing system.

As an experiment, the company is preparing a direct profitability analysis of a small range of products, including fresh grapes.

K Supermarket receives a total of 3,600 deliveries every year. 20% of these deliveries are of perishable goods such as grapes. It takes twice as long to process a delivery of perishable goods compared to a normal delivery because perishable goods have to be checked more carefully.

Half of the warehouse costs are for the chilled store that is used to store perishable goods. At any time, the chilled store has 800 kilos of perishable goods in stock.

K Supermarket receives 150 deliveries of grapes every year. Each delivery is for 100 kilos of grapes. The grapes spend an average of two days in the chilled store before they are sold.

Calculate the total cost per kilo of checking, processing and storing grapes that should be taken into account in determining the profitability of grapes.

Give your answer to the nearest whole cent.

Show Answer Hide Answer
Correct Answer: A

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