The staff of CIMAPRO15-P01-X1-ENG Topics study materials is online 24 hours a day, seven days a week. Our staff is really serious and responsible. We just want to provide you with the best service. Our CIMAPRO15-P01-X1-ENG Topics training guide has been well known in the market. Almost all candidates know our CIMAPRO15-P01-X1-ENG Topics exam questions as a powerful brand. We understand you can have more chances getting higher salary or acceptance instead of preparing for the CIMAPRO15-P01-X1-ENG Topics exam.
CIMA Certification CIMAPRO15-P01-X1-ENG In the end, you will become an excellent talent.
However, when asked whether the CIMAPRO15-P01-X1-ENG - P1 - Management Accounting Question Tutorial Topics latest dumps are reliable, costumers may be confused. On the one hand, you can elevate your working skills after finishing learning our CIMAPRO15-P01-X1-ENG Valid Test Cram study materials. On the other hand, you will have the chance to pass the exam and obtain the CIMAPRO15-P01-X1-ENG Valid Test Cramcertificate, which can aid your daily work and get promotion.
Facing the CIMAPRO15-P01-X1-ENG Topics exam this time, your rooted stressful mind of the exam can be eliminated after getting help from our CIMAPRO15-P01-X1-ENG Topics practice materials. Among voluminous practice materials in this market, we highly recommend our CIMAPRO15-P01-X1-ENG Topics study tool for your reference. Their vantages are incomparable and can spare you from strained condition.
CIMA CIMAPRO15-P01-X1-ENG Topics - For it also supports the offline practice.
We are sure you can seep great deal of knowledge from our CIMAPRO15-P01-X1-ENG Topics study prep in preference to other materials obviously. Our CIMAPRO15-P01-X1-ENG Topics practice materials have variant kinds including PDF, app and software versions. As CIMAPRO15-P01-X1-ENG Topics exam questions with high prestige and esteem in the market, we hold sturdy faith for you. And you will find that our CIMAPRO15-P01-X1-ENG Topics learning quiz is quite popular among the candidates all over the world.
To ensure a more comfortable experience for users of CIMAPRO15-P01-X1-ENG Topics test material, we offer a thoughtful package. Not only do we offer free demo services before purchase, we also provide three learning modes for users.
CIMAPRO15-P01-X1-ENG PDF DEMO:
QUESTION NO: 1
A company produces three products D, E and F. The statement below shows the selling price and product costs per unit for each product, based on a traditional absorption costing system.
Each of the products is produced using Process A which has a maximum capacity of 2,500 hours per period.
If a traditional contribution approach is used, the ranking of products, in order of priority, for the profit maximizing product mix will be:
A. F, D, F
B. D, E, F
C. E, D, F
D. D, E, F
Answer: A
QUESTION NO: 2
CH is a building supplies company that sells products to trade and private customers.
Budget data for each of the six months to March are given below:
80% of the value of credit sales is received in the month after sale, 10% two months after sale and 8% three months after sale. The balance is written off as a bad debt.
75% of the value of credit purchases is paid in the month after purchase and the remaining 25% is paid two months after purchase.
All other operating costs are paid in the month they are incurred.
CH has placed an order for four new forklift trucks that will cost $25,000 each. The scheduled payment date is in February.
The cash balance at 1 January is estimated to be $15,000.
Prepare a cash budget for each of the THREE months of January, February and March.
Select All the correct answers.
A. The total receipts in January will be $320 000
B. The total receipts in January will be $245 000
C. The total payments in February will be $405 000
D. Total payments in March will be $323 000
Answer: A,D
Explanation/Reference: https://www.vrelearnonline.com/cima-p1-104-13/
QUESTION NO: 3
LM operates a parcel delivery service. Last year its employees delivered 15,120 parcels and travelled 120,960 kilometers. Total costs were $194,400.
LM has estimated that 70% of its total costs are variable with activity and that 60% of these costs vary with the number of parcels and the remainder vary with the distance travelled.
LM is preparing its budget for the forthcoming year using an incremental budgeting approach and has produced the following estimates:
* All costs will be 3% higher than the previous year due to inflation
* Efficiency will remain unchanged
* A total of 18,360 parcels will be delivered and 128,800 kilometers will be travelled.
Calculate the following costs to be included in the forthcoming year's budget:
(i) the total variable costs related to the number of parcels delivered.
(ii) the total variable costs related to the distance travelled.
A. Parcel related cost for next year = $112,118; Distance related costs for next year = $59,699
B. Parcel related cost for next year = $109,118; Distance related costs for next year = $89,699
C. Parcel related cost for next year = $115,306; Distance related costs for next year = $31,590
D. Parcel related cost for next year = $105,306; Distance related costs for next year = $30,590
E. Parcel related cost for next year = $112,308; Distance related costs for next year = $79,590
Answer: A
Explanation/Reference: https://www.vrelearnonline.com/cima-p1-104-29/
QUESTION NO: 4
A company produces trays of pre-prepared meals that are sold to restaurants and food retailers. Three varieties of meals are sold: economy, premium and deluxe.
Discuss the benefits of flexible budgeting for planning and control purposes.
Select all the true statements.
A. The fixed budget however provides more insight into actual performance.
B. A fixed budget will provide meaningful control information when actual activity differs from budget and variable costs are significant.
C. Reporting against a fixed budget tells management nothing about the efficiency of operations.
D. If actual sales revenue is compared to a fixed budget it is possible to tell whether a favourable sales variance is due to an increase in units sold or an increase in sales price.
E. If sales volumes were well above budget, adverse variable cost variances will probably be reported, against the fixed budget, since more variable costs have to be incurred to support the higher level of activity.
F. If a flexible budget is prepared then the budget variances calculated will provide a better indication of performance since actual results will be compared against an appropriate benchmark.
Answer: C,E,F
Explanation/Reference: https://www.vrelearnonline.com/cima-p1-105-3/
QUESTION NO: 5
A flexible budget is a budget that is:
A. continuously updated by adding a further accounting period when the earliest accounting period has expired
B. changed in response to changes in costs
C. set prior to the control period and not subsequently changed in response to changes in activity period has expired
D. changed in response to changes in the level of activity
Answer: D
Explanation/Reference: https://www.vrelearnonline.com/cima-p1-104-30/
And our professionals always keep a close eye on the new changes of the subject and keep updating the Amazon CLF-C02 study questions to the most accurate. First of all, we have the best and most first-class operating system, in addition, we also solemnly assure users that users can receive the information from the IIA IIA-CIA-Part3-3P-KR certification guide within 5-10 minutes after their payment. EMC D-PE-OE-23 - About some esoteric points, our experts illustrate with examples for you. Choose the Huawei H19-402_V1.0 test guide absolutely excellent quality and reasonable price, because the more times the user buys the Huawei H19-402_V1.0 test guide, the more discounts he gets. You must be curious about your exercises after submitting to the system of our Dell D-SRM-A-01 study materials.
Updated: May 27, 2022