And there is no exaggeration that our pass rate for our CIMAPRO15-P01-X1-ENG Test Camp Materials study guide is 98% to 100% which is proved and tested by our loyal customers. As you may see the data on the website, our sales volumes of our CIMAPRO15-P01-X1-ENG Test Camp Materials exam questions are the highest in the market. You can browse our official websites to check our sales volumes. If you want to pass the exam smoothly buying our P1 - Management Accounting Question Tutorial guide dump is your ideal choice. They can help you learn efficiently, save your time and energy and let you master the useful information. Just buy it and you will love it!
Our CIMAPRO15-P01-X1-ENG Test Camp Materials practice quiz is unique in the market.
CIMA Certification CIMAPRO15-P01-X1-ENG Test Camp Materials - P1 - Management Accounting Question Tutorial With the improvement of people’s living standards, there are more and more highly educated people. And our website has already became a famous brand in the market because of our reliable CIMAPRO15-P01-X1-ENG Online Test exam questions. Different from all other bad quality practice materials that cheat you into spending much money on them, our CIMAPRO15-P01-X1-ENG Online Test exam materials are the accumulation of professional knowledge worthy practicing and remembering.
Are you still feeling distressed for expensive learning materials? Are you still struggling with complicated and difficult explanations in textbooks? Do you still hesitate in numerous tutorial materials? CIMAPRO15-P01-X1-ENG Test Camp Materials study guide can help you to solve all these questions. CIMAPRO15-P01-X1-ENG Test Camp Materials certification training is compiled by many experts over many years according to the examination outline of the calendar year and industry trends. CIMAPRO15-P01-X1-ENG Test Camp Materials study guide not only apply to students, but also apply to office workers; not only apply to veterans in the workplace, but also apply to newly recruited newcomers.
CIMA CIMAPRO15-P01-X1-ENG Test Camp Materials - You can directly select our products.
According to personal propensity and various understanding level of exam candidates, we have three versions of CIMAPRO15-P01-X1-ENG Test Camp Materials study guide for your reference. They are the versions of the PDF, Software and APP online. If you visit our website on our CIMAPRO15-P01-X1-ENG Test Camp Materials exam braindumps, then you may find that there are the respective features and detailed disparities of our CIMAPRO15-P01-X1-ENG Test Camp Materials simulating questions. And you can free donwload the demos to have a look.
So every year a large number of people take CIMAPRO15-P01-X1-ENG Test Camp Materials tests to prove their abilities. But even the best people fail sometimes.
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 CompTIA PT0-003 real questions can offer major help this time. The Open Group OGBA-101 - There are plenty of people who took a lot of energy and time but finally failed to pass. One decision will automatically lead to another decision, we believe our Google Cloud-Digital-Leader guide dump will make you fall in love with our products and become regular buyers. Obtaining the Juniper JN0-223 certification is not an easy task. If you are interested in IBM C1000-180 exam material, you only need to enter our official website, and you can immediately download and experience our trial PDF file for free.
Updated: May 27, 2022