Our CIMAPRO15-P01-X1-ENG Torrent free dumps demo will provide you some basic information for the accuracy of our exam materials. All questions and answers in our CIMAPRO15-P01-X1-ENG Torrent real dumps are tested by our certified trainers with rich experience and one or two days is enough for you practicing valid CIMAPRO15-P01-X1-ENG Torrent exam pdf. Our CIMAPRO15-P01-X1-ENG Torrent dumps torrent contains everything you want to solve the challenge of real exam. What we attach importance to in the transaction of latest CIMAPRO15-P01-X1-ENG Torrent quiz prep is for your consideration about high quality and efficient products and time-saving service. We treasure time as all customers do. Our website offers you the latest preparation materials for the CIMAPRO15-P01-X1-ENG Torrent real exam and the study guide for your review.
CIMA Certification CIMAPRO15-P01-X1-ENG You can totally rely on us!
CIMAPRO15-P01-X1-ENG - P1 - Management Accounting Question Tutorial Torrent study engine is very attentive to provide a demo for all customers who concerned about our products, whose purpose is to allow customers to understand our product content before purchase. The download and install set no limits for the amount of the computers and the persons who use Valid Practice CIMAPRO15-P01-X1-ENG Test Fee test prep. So we provide the best service for you as you can choose the most suitable learning methods to master the Valid Practice CIMAPRO15-P01-X1-ENG Test Fee exam torrent.
If you have any questions after you buy our CIMAPRO15-P01-X1-ENG Torrent study guide, you can always get thoughtful support and help by email or online inquiry. If you neeed any support, and we are aways here to help you. Our considerate service is not only reflected in the purchase process, but also reflected in the considerate after-sales assistance on our CIMAPRO15-P01-X1-ENG Torrent exam questions.
You can ask anyone who has used CIMA CIMAPRO15-P01-X1-ENG Torrent actual exam.
Our CIMAPRO15-P01-X1-ENG Torrent exam quiz is unlike other exam materials that are available on the market, our CIMAPRO15-P01-X1-ENG Torrent study dumps specially proposed different versions to allow you to learn not only on paper, but also to use mobile phones to learn. This greatly improves the students' availability of fragmented time. So you can achieve your CIMAPRO15-P01-X1-ENG Torrent certification easily without disrupting your daily routine. And we will give you 100% success guaranteed on the CIMAPRO15-P01-X1-ENG Torrent training guide.
In short, you will find the convenience and practicality of our CIMAPRO15-P01-X1-ENG Torrent quiz guide in the process of learning. We will also continue to innovate and improve functions to provide you with better services.
CIMAPRO15-P01-X1-ENG PDF DEMO:
QUESTION NO: 1
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: 2
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: 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 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/
QUESTION NO: 5
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/
We are convinced that our Adobe AD0-E903 exam questions can help you gain the desired social status and thus embrace success. Genesys GCX-SCR - Everybody knows that in every area, timing counts importantly. SAP C_THR95_2405 - Many company requests candidates not only have work experiences, but also some professional certifications. Our SAP C_THR84_2405 exam questions have been widely acclaimed among our customers, and the good reputation in industry prove that choosing our study materials would be the best way for you, and help you gain the SAP C_THR84_2405 certification successfully. Our EMC D-PCR-DY-23 learning questions engage our working staff in understanding customers’ diverse and evolving expectations and incorporate that understanding into our strategies, thus you can 100% trust our EMC D-PCR-DY-23 exam engine.
Updated: May 27, 2022