cima p1 test questions
DESCRIPTION
Passing CIMA P1 exam is not difficult now. Real Exam Questions Answers Available NOW! Cima P1 Past papers Dumps Available at Exams4sure.com Cima p1 practice test with 100% Accurate Answers. Cima p1 Study Guide with 100% Exam Passing Assurance With Money Back Guarantee. Exams4sure is there with all your study problem solutions Get Complete File From http://bit.ly/1KOrq0eTRANSCRIPT
Cima P1
Management
Accounting
What is Accounting?
Management accountants play a vital role in managing business opportunities. They
inform the strategy and help secure the future of your business.
CIMA management accountants redefine how business is done.
Click Here
To Get Complete File
Not all accounting is the same
Management accounting combines
accounting, finance and management
with the leading edge techniques needed
to drive successful businesses.
Click Here
How CIMA benefit your business
Analysis - Understanding the history behind numbers and use it to make business
decisions
Strategy – Using the insight from analysis to help formulate business strategy to create
wealth and shareholder value.
Risk - The application of analytical skills to observe business processes end end a pair
identify and manage risks.
Planning – using accounting techniques to plan and budget.
Communication – knowing what information management needs and explaining
the numbers to non-financial managers.
Pass Cima P1 Management Accounting Exam By The Help Of Exams4Sure Get Complete File From
http://www.exams4sure.com/CIMA/P1-practice-exam-dumps.html
Pass exam by the help of
Pass Cima P1 Management Accounting Exam By The Help Of Exams4Sure Get Complete File From
http://www.exams4sure.com/CIMA/P1-practice-exam-dumps.html
Pass Management Accounting
Certified Professional
Exam By The Help Of Exams4Sure Get Complete
Pass Cima P1 Management Accounting Exam By The Help Of Exams4Sure Get Complete File From
http://www.exams4sure.com/CIMA/P1-practice-exam-dumps.html
The Sign Of Success
CIMA P1 Management Accounting
Questions & Answers
Pass Cima P1 Management Accounting Exam By The Help Of Exams4Sure Get Complete File From
http://www.exams4sure.com/CIMA/P1-practice-exam-dumps.html
Quality and Value
100% Guarantee to Pass Exam
Answers Verified by Experts
Based on Real Exam Scenarios
3500+ Exams Dumps
24/7 Customer Support on Mail and Live Chat
100% Lowest Price Guarantee
Why Choose Us
Pass Cima P1 Management Accounting Exam By The Help Of Exams4Sure Get Complete File From
http://www.exams4sure.com/CIMA/P1-practice-exam-dumps.html
Question No 1:
N prepares budgets on an annual basis by using the budget from the previous year, and then adjusting it for growth
and inflation.
This is an example of:
A. An incremental budget
B. A rolling budget
C. A flexed budget
D. Zero based budgeting
Answer: A
Question No 2:
What type of budget is prepared on an annual basis taking current year operating results and adjusting them for
expected growth and inflation?
A. Rolling budget
B. Incremental budget
C. Flexed budget
D. Zero-based budget
Answer: B
Question No 3:
Which of the following would cause an adverse fixed overhead volume variance?
A. Actual output was higher than budgeted
B. Actual output was lower than budgeted
C. Actual expenditure was higher than budgeted
D. Actual expenditure was lower than budgeted
Answer: B
Question No 4:
Which one of the following would NOT be included in a decision to close a division of an organization?
A. Head office overheads absorbed on the basis of the number of
units produced
B. Sale of unwanted non-current assets
C. Redundancy pay for employees of the division
D. Fixed costs directly attributable to the division
Answer: A
Question No 5:
A company manufactures a single product. The cost card for a unit of this product is as follows:
During month 6, finished goods inventory increased by 350 units.
A. $1,050 lower
B. $1,050 higher
C. $2,450 lower
D. $2,450 higher
Answer: A
By how much would the profit differ in month 6 if finished goods inventory
was valued at standard marginal cost rather than standard absorption cost?
Question No 6:
A manufacturing company uses activity-based costing to charge overheads to its three products. One of the main
activities is quality inspection. The cost driver is the number of inspections and the budgeted cost is $211,200.
Additional budgeted data.
What is the budgeted quality inspection cost for a unit of product F?
A. $6.60
B. $3.30
C. $9.60
D. $4.80
Answer: A
Question No 7:
Which of the statements about allocation of joint costs to products are true and which are false?
Answer:
Question No 8:
State whether the following costs are relevant or non-relevant in the context of short-term decision making scenarios.
Answer:
Get your money back if you fail in exam
100% Exam Passing Guarantee With Money
Back Assurance
Click Here
To Get Complete File
Cima P1 Management Accounting
Pass Cima P1 Management Accounting Exam By The Help Of Exams4Sure Get Complete File From
http://www.exams4sure.com/CIMA/P1-practice-exam-dumps.html