And our CIMAPRO15-P01-X1-ENG Exam Duration learning guide contains the most useful content and keypoints which will come up in the real exam. Even you have no basic knowledge about the CIMAPRO15-P01-X1-ENG Exam Duration study materials. You still can pass the exam with our help. Nowadays, using computer-aided software to pass the CIMAPRO15-P01-X1-ENG Exam Duration exam has become a new trend. Because the new technology enjoys a distinct advantage, that is convenient and comprehensive. And you can free download the demos of the CIMAPRO15-P01-X1-ENG Exam Duration practice engine to have a experience before payment.
Our CIMAPRO15-P01-X1-ENG Exam Duration exam torrent carries no viruses.
And we have three different versions Of our CIMAPRO15-P01-X1-ENG - P1 - Management Accounting Question Tutorial Exam Duration study guide: the PDF, the Software and the APP online. As long as you study our CIMAPRO15-P01-X1-ENG Latest Material training engine and followe it step by step, we believe you will achieve your dream easily. Every question from our CIMAPRO15-P01-X1-ENG Latest Material study materials is carefully elaborated and the content of our CIMAPRO15-P01-X1-ENG Latest Material exam questions involves the professional qualification certificate examination.
CIMAPRO15-P01-X1-ENG Exam Duration training materials are not only the domestic market, but also the international high-end market. We are studying some learning models suitable for high-end users. Our research materials have many advantages.
CIMA CIMAPRO15-P01-X1-ENG Exam Duration - The reality is often cruel.
We attract customers by our fabulous CIMAPRO15-P01-X1-ENG Exam Duration certification material and high pass rate, which are the most powerful evidence to show our strength. We are so proud to tell you that according to the statistics from our customers’ feedback, the pass rate among our customers who prepared for the exam with our CIMAPRO15-P01-X1-ENG Exam Duration test guide have reached as high as 99%, which definitely ranks the top among our peers. Hence one can see that the P1 - Management Accounting Question Tutorial learn tool compiled by our company are definitely the best choice for you.
Imagine, if you're using a CIMAPRO15-P01-X1-ENG Exam Duration practice materials, always appear this or that grammar, spelling errors, such as this will not only greatly affect your mood, but also restricted your learning efficiency. Therefore, good typesetting is essential for a product, especially education products, and the CIMAPRO15-P01-X1-ENG Exam Duration test material can avoid these risks very well.
CIMAPRO15-P01-X1-ENG PDF DEMO:
QUESTION NO: 1
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: 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
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: 4
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: 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/
All in all, high efficiency of ISQI CTFL_Syll_4.0 exam material is the reason for your selection. Fortinet NSE6_WCS-7.0 - Our expert team boosts profound industry experiences and they use their precise logic to verify the test. To help you get to know the exam questions and knowledge of the Salesforce ADM-261 practice exam successfully and smoothly, our experts just pick up the necessary and essential content in to our Salesforce ADM-261 test guide with unequivocal content rather than trivia knowledge that exam do not test at all. API API-510 - You will find that learning is becoming interesting and easy. Many exam candidates ascribe their success to our Amazon AIF-C01 real questions and become our regular customers eventually.
Updated: May 27, 2022