At the same time, our proffesional experts are keeping a close eye on the changes of the exam questions and answers. So that our CIMAPRO15-P01-X1-ENG Reliable Exam Tips study guide can be the latest and most accurate. In order to ensure the quality of our CIMAPRO15-P01-X1-ENG Reliable Exam Tips preparation materials, we specially invited experienced team of experts to write them. Without doubt, we are the best vendor in this field and we also provide the first-class service for you. As long as you get to know our CIMAPRO15-P01-X1-ENG Reliable Exam Tips exam questions, you will figure out that we have set an easier operation system for our candidates. As we all know, it is difficult for you to prepare a CIMAPRO15-P01-X1-ENG Reliable Exam Tips exam by yourself.
CIMA Certification CIMAPRO15-P01-X1-ENG Please give us a chance to prove.
CIMA Certification CIMAPRO15-P01-X1-ENG Reliable Exam Tips - P1 - Management Accounting Question Tutorial We will solve your problem as quickly as we can and provide the best service. No company in the field can surpass us. So we still hold the strong strength in the market.
With high-quality CIMAPRO15-P01-X1-ENG Reliable Exam Tips guide materials and flexible choices of learning mode, they would bring about the convenience and easiness for you. Every page is carefully arranged by our experts with clear layout and helpful knowledge to remember. In your every stage of review, our CIMAPRO15-P01-X1-ENG Reliable Exam Tips practice prep will make you satisfied.
CIMA CIMAPRO15-P01-X1-ENG Reliable Exam Tips - Need any help, please contact with us again!
In order to pass CIMA certification CIMAPRO15-P01-X1-ENG Reliable Exam Tips exam disposably, you must have a good preparation and a complete knowledge structure. Omgzlook can provide you the resources to meet your need.
Many people, especially the in-service staff, are busy in their jobs, learning, family lives and other important things and have little time and energy to learn and prepare the exam. But if you buy our CIMAPRO15-P01-X1-ENG Reliable Exam Tips test torrent, you can invest your main energy on your most important thing and spare 1-2 hours each day to learn and prepare the exam.
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 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: 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/
ISACA CISA-KR - In today's competitive IT profession, if you want to stabilize your own position, you will have to prove your professional knowledge and technology level. SailPoint IdentityIQ-Engineer - For a better understanding of their features, please follow our website and try on them. NFPA CFPE - There a galaxy of talents in the 21st century, but professional IT talents not so many. Besides, we are punctually meeting commitments to offer help on Dell DC0-200 study materials. Because of its popularity, you can use the Omgzlook CIMA ITIL ITIL-DSV exam questions and answers to pass the exam.
Updated: May 27, 2022