With the increasing change of social and every industry so many years our CIMAPRO15-P01-X1-ENG dumps collection: P1 - Management Accounting Question Tutorial is popular day by day. Many workers realize that the competition is more and more fierce. If you can't follow up in time, you will be out of the time. Fortunately, you find us and you find our CIMAPRO15-P01-X1-ENG test cram may be their savior so that you can clear exam and obtain certification ahead of other competitor. A useful certification can be the valid evidence of your work ability and be highly regarded by your boss or superior. Our CIMAPRO15-P01-X1-ENG study materials are helpful for your ambition, which is exactly what you are looking for to gain success. So let me help you acquaint yourself with our features of CIMAPRO15-P01-X1-ENG practice test questions on following contents.

Accurate & professional exam contents

You may doubt about our CIMAPRO15-P01-X1-ENG dumps collection: P1 - Management Accounting Question Tutorial, in fact, we get social recognition around the world in this field, and we will try our best to make you satisfied about our CIMAPRO15-P01-X1-ENG test cram not only on the exam quality but also on customer service. We are confident that our products are better far beyond the average in this market. Our CIMAPRO15-P01-X1-ENG study materials are verified with useful & accurate exam contents which may cover the most questions and answer in the real exam, and the professional contents of our CIMAPRO15-P01-X1-ENG exam braindumps also help you prepare efficiently. So after studying it one or three days before the real test diligently you can clear exam effortlessly. Because we keep the new content into the CIMA CIMAPRO15-P01-X1-ENG dumps collection: P1 - Management Accounting Question Tutorial and send them to you instantly once you buy our questions lasting for one year. Using our CIMAPRO15-P01-X1-ENG test cram your preparation will be full of joyful feelings.

Professional in quality and reasonable in price

We introduce you confidently our CIMAPRO15-P01-X1-ENG study materials as our signature products of the company. Our best exam materials are professional in quality and responsible in service. We will provide not only the best products which can help you pass for sure, but also our CIMAPRO15-P01-X1-ENG dumps collection: P1 - Management Accounting Question Tutorial will be reasonable in price. Besides, all your information is highly protected by our strict information system, and you do not need to worry about anything about your information issue, because we treat your benefits as our first issue and guarantee you free-worrying shopping of CIMAPRO15-P01-X1-ENG dumps collection: P1 - Management Accounting Question Tutorial. So we shall accompany you to your aim of success at every stage. You can absolutely accomplish your purpose with the help of our CIMA CIMAPRO15-P01-X1-ENG test cram, and we won't let you down.

After purchase, Instant Download: Upon successful payment, Our systems will automatically send the product you have purchased to your mailbox by email. (If not received within 12 hours, please contact us. Note: don't forget to check your spam.)

Convenient experience

We have been trying to tailor to exam candidates' needs of CIMAPRO15-P01-X1-ENG test cram since we built up the company. We know that different people have different buying habits of CIMAPRO15-P01-X1-ENG dumps collection: P1 - Management Accounting Question Tutorial so we provide considerate aftersales service for you 24/7. We hire a group of patient employee who are waiting for your consults about CIMAPRO15-P01-X1-ENG study materials and aiming to resolve your problems when you are looking for help. We will by your side at every stage to your success, so we are trusted, so do our CIMAPRO15-P01-X1-ENG test review materials.

CIMA P1 - Management Accounting Question Tutorial Sample Questions:

1. A company has budgeted to produce 5,000 units of Product B per month. The opening and closing inventories
of Product B for next month are budgeted to be 400 units and 900 units respectively. The budgeted selling price and variable production costs per unit for Product B are as follows:

Total budgeted fixed production overheads are $29,500 per month.
The company absorbs fixed production overheads on the basis of the budgeted number of units produced. The budgeted profit for Product B for next month, using absorption costing, is $20,700.
Prepare a marginal costing statement which shows the budgeted profit for Product B for next month.
What was the marginal costing profit for the next month?

A) $17 750
B) $18 750
C) $17 890
D) $18 600

2. 'Public sector organizations are often judged by their economy, efficiency and effectiveness. Consequently, they should use an approach to budgeting other than incremental budgeting.' Required:
Explain ONE advantage and TWO disadvantages of public sector organizations using incremental budgeting.
Select all true statements.

A) The incremental approach means that budget holders in public sector organizations will be encouraged to use up this year's budget will be as high as possible.
B) Under an incremental approach to budgeting, existing operations and the current budgeted allowance for these existing activities are taken as the base level for preparing the budget.
C) An incremental; approach is not as easy and fast to implement than other forms of budgeting approaches e.g. zero based budgeting.
D) The main advantage of incremental budgeting is that the cost of past activities becomes fixed and any inefficiencies or wastage is perpetuated.
E) The incremental approach encourages managers in public sector organizations to look at the efficiency and effectiveness of activities undertaken.
F) Public sector organizations tend to be fairly complex and in many cases outputs cannot be measured in monetary terms therefore the link between inputs and outputs is difficult to establish. An incremental approach can therefore provide a cost effective approach to budgeting.

3. Explain how probability analysis could be used to assess the risk of the evaluated projects.
Select all the true statements.

A) The NPVs of a sample range of possible outcomes and the probability of each NPV can be calculated. If a small sample is taken the distribution of outcomes can be used to calculate the zero activities deviation of the NPVs and the probability of success of the projects.
B) The company can determine a range of possible outcomes for each of the cash flows in the project, for example, a high, low and medium estimate of each cash flow could be determined.
C) The net present value (NPV) of the project, if all high, low or medium estimates occurred, can be calculated along with the combined probabilities of their occurrence.
D) The probabilities can be combined to calculate the expected value of each cash flow element and of the project as a whole

4. A company uses an activity based costing system. The company manufactures three products, details of which are given below:

A) $0.35
B) $0.31
C) $0.27
D) $0.23

5. A flexible budget is a budget that is:

A) changed in response to changes in the level of activity
B) changed in response to changes in costs
C) continuously updated by adding a further accounting period when the earliest accounting period has expired
D) set prior to the control period and not subsequently changed in response to changes in activity period has expired

Solutions: