So we have adamant attitude to offer help rather than perfunctory attitude. All CIMAPRO15-P01-X1-ENG Exam Simulator Fee test prep is made without levity and the passing rate has up to 98 to 100 percent now. We esteem your variant choices so all these versions of CIMAPRO15-P01-X1-ENG Exam Simulator Fee exam guides are made for your individual preference and inclination. You will surely benefit from your correct choice. Not only we provide the most valued CIMAPRO15-P01-X1-ENG Exam Simulator Fee study materials, but also we offer trustable and sincere after-sales services. If you do not have extraordinary wisdom, do not want to spend too much time on learning, but want to reach the pinnacle of life through CIMAPRO15-P01-X1-ENG Exam Simulator Fee exam, then you must have CIMAPRO15-P01-X1-ENG Exam Simulator Fee question torrent.
CIMA Certification CIMAPRO15-P01-X1-ENG You can directly select our products.
CIMA Certification CIMAPRO15-P01-X1-ENG Exam Simulator Fee - P1 - Management Accounting Question Tutorial And you can free donwload the demos to have a look. With the rapid development of society, people pay more and more attention to knowledge and skills. So every year a large number of people take Pass CIMAPRO15-P01-X1-ENG Rate tests to prove their abilities.
Holding a professional certificate means you have paid more time and effort than your colleagues or messmates in your major, and have experienced more tests before succeed. Our CIMAPRO15-P01-X1-ENG Exam Simulator Fee real questions can offer major help this time. And our CIMAPRO15-P01-X1-ENG Exam Simulator Fee study braindumps deliver the value of our services.
CIMA CIMAPRO15-P01-X1-ENG Exam Simulator Fee - Selecting Omgzlook means choosing a success
CIMAPRO15-P01-X1-ENG Exam Simulator Fee exam dumps allow free trial downloads. You can get the information you want to know through the trial version. After downloading our study materials trial version, you can also easily select the version you like, as well as your favorite CIMAPRO15-P01-X1-ENG Exam Simulator Fee exam prep, based on which you can make targeted choices. Our study materials want every user to understand the product and be able to really get what they need.
You can free download part of Omgzlook's practice questions and answers about CIMA certification CIMAPRO15-P01-X1-ENG Exam Simulator Fee exam online, as an attempt to test our quality. As long as you choose to purchase Omgzlook's products, we will do our best to help you pass CIMA certification CIMAPRO15-P01-X1-ENG Exam Simulator Fee exam disposably.
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/
As we all know, EMC D-PE-FN-23 certificates are an essential part of one’s resume, which can make your resume more prominent than others, making it easier for you to get the job you want. Omgzlook's training product for CIMA certification IIA IIA-CIA-Part2-KR exam includes simulation test and the current examination. And our ISACA CISA-CN leanring guide can help you get all of the keypoints and information that you need to make sure that you will pass the exam. EMC D-PM-IN-23 - Omgzlook guarantee 100% success. But you don't have to worry about this when buying our WGU Web-Development-Applications actual exam.
Updated: May 27, 2022