The Omgzlook’ CIMA Testing Engine provides an expert help and it is an exclusive offer for those who spend most of their time in searching relevant content in the books. It offers demos free of cost in the form of the free CIMAPRO15-P01-X1-ENG Valid Exam Cram Review dumps. The CIMA CIMAPRO15-P01-X1-ENG Valid Exam Cram Review exam questions aid its customers with updated and comprehensive information in an innovative style. Our CIMAPRO15-P01-X1-ENG Valid Exam Cram Review practice materials have been well received by the users, mainly reflected in the following advantages. The company is preparing for the test candidates to prepare the CIMAPRO15-P01-X1-ENG Valid Exam Cram Review exam guide professional brand, designed to be the most effective and easiest way to help users through their want to get the test CIMAPRO15-P01-X1-ENG Valid Exam Cram Review certification and obtain the relevant certification. Our experts are not slavish followers who just cut and paste the content into our CIMAPRO15-P01-X1-ENG Valid Exam Cram Review practice materials, all CIMAPRO15-P01-X1-ENG Valid Exam Cram Review exam questions are elaborately compiled by them.
CIMA Certification CIMAPRO15-P01-X1-ENG We can provide you with a free trial version.
CIMA Certification CIMAPRO15-P01-X1-ENG Valid Exam Cram Review - P1 - Management Accounting Question Tutorial It is fast and convenient out of your imagination. Using our products does not take you too much time but you can get a very high rate of return. Our CIMAPRO15-P01-X1-ENG Valid Practice Questions Free quiz guide is of high quality, which mainly reflected in the passing rate.
CIMAPRO15-P01-X1-ENG Valid Exam Cram Review practice dumps offers you more than 99% pass guarantee, which means that if you study our CIMAPRO15-P01-X1-ENG Valid Exam Cram Review learning guide by heart and take our suggestion into consideration, you will absolutely get the certificate and achieve your goal. Meanwhile, if you want to keep studying this course , you can still enjoy the well-rounded services by CIMAPRO15-P01-X1-ENG Valid Exam Cram Review test prep, our after-sale services can update your existing CIMAPRO15-P01-X1-ENG Valid Exam Cram Review study quiz within a year and a discount more than one year.
CIMA CIMAPRO15-P01-X1-ENG Valid Exam Cram Review - No company in the field can surpass us.
Our CIMAPRO15-P01-X1-ENG Valid Exam Cram Review exam questions just focus on what is important and help you achieve your goal. With high-quality CIMAPRO15-P01-X1-ENG Valid Exam Cram Review 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 Valid Exam Cram Review practice prep will make you satisfied.
Because, after all, CIMAPRO15-P01-X1-ENG Valid Exam Cram Review is a very important certified exam of CIMA. But CIMAPRO15-P01-X1-ENG Valid Exam Cram Review exam is not so simple.
CIMAPRO15-P01-X1-ENG PDF DEMO:
QUESTION NO: 1
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: 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
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/
With passing rate up to 98 percent and above, our Adobe AD0-E906 practice materials are highly recommended among exam candidates. In order to pass CIMA certification Microsoft MS-721 exam disposably, you must have a good preparation and a complete knowledge structure. SAP C-BW4H-2404 - 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. If you have a CIMA Salesforce CRM-Analytics-and-Einstein-Discovery-Consultant certification, your work will have a lot of change that wages and work position will increase quickly. HP HP2-I72 - For a better understanding of their features, please follow our website and try on them.
Updated: May 27, 2022