In order to meet the different need from our customers, the experts and professors from our company designed three different versions of our CIMAPRO15-P01-X1-ENG Test Practice exam questions for our customers to choose, including the PDF version, the online version and the software version. Though the content of these three versions is the same, the displays have their different advantages. With our CIMAPRO15-P01-X1-ENG Test Practice study materials, you can have different and pleasure study experience as well as pass CIMAPRO15-P01-X1-ENG Test Practice exam easily. According to your need, you can choose the most suitable version of our P1 - Management Accounting Question Tutorial guide torrent for yourself. The three different versions have different functions. With our CIMAPRO15-P01-X1-ENG Test Practice exam Practice, you will feel much relax for the advantages of high-efficiency and accurate positioning on the content and formats according to the candidates’ interests and hobbies.
CIMA Certification CIMAPRO15-P01-X1-ENG We always put your needs in the first place.
CIMA Certification CIMAPRO15-P01-X1-ENG Test Practice - P1 - Management Accounting Question Tutorial They can not only achieve this, but ingeniously help you remember more content at the same time. Many customers may be doubtful about our price. The truth is our price is relatively cheap among our peer.
Our CIMAPRO15-P01-X1-ENG Test Practice preparation practice are highly targeted and have a high hit rate, there are a lot of learning skills and key points in the exam, even if your study time is very short, you can also improve your CIMAPRO15-P01-X1-ENG Test Practice exam scores very quickly. Even if you have a week foundation, I believe that you will get the certification by using our CIMAPRO15-P01-X1-ENG Test Practice study materials. We can claim that with our CIMAPRO15-P01-X1-ENG Test Practice practice engine for 20 to 30 hours, you will be ready to pass the exam with confidence.
CIMA CIMAPRO15-P01-X1-ENG Test Practice - So you will have a positive outlook on life.
As we enter into such a competitive world, the hardest part of standing out from the crowd is that your skills are recognized then you will fit into the large and diverse workforce. The CIMAPRO15-P01-X1-ENG Test Practice certification is the best proof of your ability. However, it’s not easy for those work officers who has less free time to prepare such an CIMAPRO15-P01-X1-ENG Test Practice exam. Here comes CIMAPRO15-P01-X1-ENG Test Practice exam materials which contain all of the valid CIMAPRO15-P01-X1-ENG Test Practice study questions. You will never worry about the CIMAPRO15-P01-X1-ENG Test Practice exam.
Not only we offer the best CIMAPRO15-P01-X1-ENG Test Practice training prep, but also our sincere and considerate attitude is praised by numerous of our customers. To cope with the fast growing market, we will always keep advancing and offer our clients the most refined technical expertise and excellent services about our CIMAPRO15-P01-X1-ENG Test Practice exam questions.
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/
Our company committed all versions of SAP P_BTPA_2408 practice materials attached with free update service. You will come across almost all similar questions in the real Microsoft MB-330 exam. So prepared to be amazed by our Scrum PAL-I learning guide! As is known to us, our company has promised that the Dell D-PWF-RDY-A-00 exam braindumps from our company will provide more than 99% pass guarantee for all people who try their best to prepare for the exam. So grapple with this chance, our Scrum PSK-I learning materials will not let you down.
Updated: May 27, 2022