What’s more, we have achieved breakthroughs in CIMAPRO15-P01-X1-ENG Exam Simulator Online study materials application as well as interactive sharing and after-sales service. As long as you need help, we will offer instant support to deal with any of your problems about our CIMAPRO15-P01-X1-ENG Exam Simulator Online exam questions. Any time is available; our responsible staff will be pleased to answer your question whenever and wherever you are. However, you must believe that this is true! You can ask anyone who has used CIMAPRO15-P01-X1-ENG Exam Simulator Online actual exam. This greatly improves the students' availability of fragmented time.
CIMA Certification CIMAPRO15-P01-X1-ENG They compile each answer and question carefully.
Our CIMA certification CIMAPRO15-P01-X1-ENG - P1 - Management Accounting Question Tutorial Exam Simulator Online exam question bank is produced by Omgzlook's experts's continuously research of outline and previous exam. We can guarantee that our study materials will be suitable for all people and meet the demands of all people, including students, workers and housewives and so on. If you decide to buy and use the CIMAPRO15-P01-X1-ENG Free Exam training materials from our company with dedication on and enthusiasm step and step, it will be very easy for you to pass the exam without doubt.
We can let you spend a small amount of time and money and pass the IT certification exam at the same time. Selecting the products of Omgzlook to help you pass your first time CIMA certification CIMAPRO15-P01-X1-ENG Exam Simulator Online exam is very cost-effective. Omgzlook provide a good after-sales service for all customers.
CIMA CIMAPRO15-P01-X1-ENG Exam Simulator Online - As you know, life is like the sea.
Victory won't come to me unless I go to it. It is time to start to clear exam and obtain an IT certification to improve your competitor from our CIMA CIMAPRO15-P01-X1-ENG Exam Simulator Online training PDF if you don't want to be discarded by epoch. Many IT workers have a nice improve after they get a useful certification. If you are willing, our CIMAPRO15-P01-X1-ENG Exam Simulator Online training PDF can give you a good beginning. No need to doubt and worry, thousands of candidates choose our exam training materials, you shouldn't miss this high pass-rate CIMAPRO15-P01-X1-ENG Exam Simulator Online training PDF materials.
Our experts made significant contribution to their excellence of the CIMAPRO15-P01-X1-ENG Exam Simulator Online study materials. So we can say bluntly that our CIMAPRO15-P01-X1-ENG Exam Simulator Online simulating exam is the best.
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/
We provide our customers with the most reliable learning materials about Huawei H19-431_V1.0 certification exam and the guarantee of pass. Just look at the comments on the Huawei H19-433_V1.0 training guide, you will know that how popular they are among the candidates. As a wise person, it is better to choose our IIA IIA-CIA-Part2-CN study material without any doubts. Presiding over the line of our practice materials over ten years, our experts are proficient as elites who made our SAP C-S4EWM-2023 learning questions, and it is their job to officiate the routines of offering help for you. You just need 20-30 hours for preparation and feel confident to face the EMC D-NWR-DY-23 actual test.
Updated: May 27, 2022