If you still do nothing, you will be fired sooner or later. God will help those who help themselves. Come to snap up our CIMAPRO15-P01-X1-ENG Latest Study Questions exam guide to let yourself always be the most excellent and have a better life! CIMAPRO15-P01-X1-ENG Latest Study Questions real dumps revised and updated according to the syllabus changes and all the latest developments in theory and practice, our P1 - Management Accounting Question Tutorial real dumps are highly relevant to what you actually need to get through the certifications tests. Moreover they impart you information in the format of CIMAPRO15-P01-X1-ENG Latest Study Questions questions and answers that is actually the format of your real certification test. The only difference is that you harvest a lot of useful knowledge.
CIMA Certification CIMAPRO15-P01-X1-ENG Also, we have benefited from such good behavior.
You can also avail of the free demo so that you will have an idea how convenient and effective our CIMAPRO15-P01-X1-ENG - P1 - Management Accounting Question Tutorial Latest Study Questions exam dumps are for CIMAPRO15-P01-X1-ENG - P1 - Management Accounting Question Tutorial Latest Study Questions certification. Are you worried about you poor life now and again? Are you desired to gain a decent job in the near future? Do you dream of a better life? Do you want to own better treatment in the field? If your answer is yes, please prepare for the Accurate CIMAPRO15-P01-X1-ENG Prep Material exam. It is known to us that preparing for the exam carefully and getting the related certification are very important for all people to achieve their dreams in the near future.
Besides, our experts will concern about changes happened in CIMAPRO15-P01-X1-ENG Latest Study Questions study prep all the time. Provided you have a strong determination, as well as the help of our CIMAPRO15-P01-X1-ENG Latest Study Questions learning guide, you can have success absolutely. Our CIMAPRO15-P01-X1-ENG Latest Study Questions training materials are compiled by professional experts.
CIMA CIMAPRO15-P01-X1-ENG Latest Study Questions - Also, the system will deduct the relevant money.
We all know that CIMAPRO15-P01-X1-ENG Latest Study Questions learning guide can help us solve learning problems. But if it is too complex, not only can’t we get good results, but also the burden of students' learning process will increase largely. Unlike those complex and esoteric materials, our CIMAPRO15-P01-X1-ENG Latest Study Questions preparation prep is not only of high quality, but also easy to learn. For our professional experts simplified the content of theCIMAPRO15-P01-X1-ENG Latest Study Questions exam questions for all our customers to be understood.
Now, we have launched some popular CIMAPRO15-P01-X1-ENG Latest Study Questions training prep to meet your demands. And you will find the quality of the CIMAPRO15-P01-X1-ENG Latest Study Questions learning quiz is the first-class and it is very convenient to download it.
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/
Pegasystems PEGACPLSA23V1 - In summary, choose our exam materials will be the best method to defeat the exam. Our SAP C_THR94_2405 study materials can help you get your certification in the least time with the least efforts. Palo Alto Networks PSE-PrismaCloud - Users can evaluate our products by downloading free demo templates prior to formal purchase. There will be detailed explanation for the difficult questions of the Huawei H19-431_V1.0 preparation quiz. Adobe AD0-E906 - Believe that there is such a powerful expert help, our users will be able to successfully pass the qualification test to obtain the qualification certificate.
Updated: May 27, 2022