Your exam results will help you prove this! And countless of the candidates have been benefited from our CIMAPRO15-P01-X1-ENG Reliable Study Guide Questions practice braindumps. No matter what kind of CIMAPRO15-P01-X1-ENG Reliable Study Guide Questions learning materials you need, you can find the best one for you. If you come to visit our website more times, you will buy our CIMAPRO15-P01-X1-ENG Reliable Study Guide Questions practice engine at a more favorable price. With the most scientific content and professional materials CIMAPRO15-P01-X1-ENG Reliable Study Guide Questions preparation materials are indispensable helps for your success. More importantly, we will promptly update our CIMAPRO15-P01-X1-ENG Reliable Study Guide Questions exam materials based on the changes of the times and then send it to you timely.
CIMA Certification CIMAPRO15-P01-X1-ENG And we have become a popular brand in this field.
But our CIMAPRO15-P01-X1-ENG - P1 - Management Accounting Question Tutorial Reliable Study Guide Questions practice braindumps are the leader in the market for ten years. For many people, it’s no panic passing the New Exam Camp CIMAPRO15-P01-X1-ENG Materials exam in a short time. Luckily enough，as a professional company in the field of New Exam Camp CIMAPRO15-P01-X1-ENG Materials practice questions ,our products will revolutionize the issue.
We guarantee that you can pass the exam at one time even within one week based on practicing our CIMAPRO15-P01-X1-ENG Reliable Study Guide Questions exam materials regularly. 98 to 100 percent of former exam candidates have achieved their success by the help of our CIMAPRO15-P01-X1-ENG Reliable Study Guide Questions practice questions. And we have been treated as the best friend as our CIMAPRO15-P01-X1-ENG Reliable Study Guide Questions training guide can really help and change the condition which our loyal customers are in and give them a better future.
CIMA CIMAPRO15-P01-X1-ENG Reliable Study Guide Questions - As we all know, time and tide waits for no man.
Time and tide wait for no man, if you want to save time, please try to use our CIMAPRO15-P01-X1-ENG Reliable Study Guide Questions preparation exam, it will cherish every minute of you and it will help you to create your life value. With the high pass rate of our CIMAPRO15-P01-X1-ENG Reliable Study Guide Questions exam questions as 98% to 100% which is unbeatable in the market, we are proud to say that we have helped tens of thousands of our customers achieve their dreams and got their CIMAPRO15-P01-X1-ENG Reliable Study Guide Questions certifications. Join us and you will be one of them.
You also can refer to other candidates’ review guidance, which might give you some help. Then we can offer you a variety of learning styles.
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/
To be convenient for the learners, our Microsoft DP-100 certification questions provide the test practice software to help the learners check their learning results at any time. The high passing rate of IBM C1000-174 exam training also requires your efforts. Fortinet FCP_FGT_AD-7.4 - Now it is time for you to take an exam for getting the certification. Microsoft AZ-801 - A large number of buyers pouring into our website every day can prove this. In the future, our IBM C1000-058 study materials will become the top selling products.
Updated: May 27, 2022