Free CIMA CIMAPRA19-P02-1-ENG Exam Questions
Absolute Free CIMAPRA19-P02-1-ENG Exam Practice for Comprehensive Preparation
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CIMA CIMAPRA19-P02-1-ENG Exam Questions
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Provided By: CIMA
- Exam: P2 Advanced Management Accounting (Online)
- Certification: CIMA Professional Qualification
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Total Questions: 205
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Updated On: Sep 04, 2026
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Rated: 4.9 |
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Online Users: 410
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Question 1
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A manufacturing company has recently introduced a Total Quality Management (TQM) system. The company has invested heavily in the education and training of its staff, in addition to implementing new product design engineering. There is a plan to sample units from each batch of products manufactured to test for errors, although this has not yet been implemented due to budget constraints.
The company is experiencing high levels of customer complaints, with many faulty units being returned by the customer for refund or replacement. Sales revenue has fallen recently, mainly due to negative press coverage linked to dissatisfied customers.
Select the statement MOST likely to apply.
Answer: C
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A manufacturing company has recently introduced a Total Quality Management (TQM) system. The company has invested heavily in the education and training of its staff, in addition to implementing new product design engineering. There is a plan to sample units from each batch of products manufactured to test for errors, although this has not yet been implemented due to budget constraints.
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Question 2
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Which of the following statements is TRUE about the activity based costing system when compared to absorption costing method?
Answer: C
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Which of the following statements is TRUE about the activity based costing system when compared to absorption costing method?
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Question 3
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A company is investing $150,000 in a project which will yield an annual cash inflow of $40,000 for eight years. The company's cost of capital is 10%.
To the nearest $100, what is the project's equivalent annual net present value?
Answer: A
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A company is investing $150,000 in a project which will yield an annual cash inflow of $40,000 for eight years. The company's cost of capital is 10%.
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Question 4
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When considering a capital investment, relevant costs for decision making have which THREE of the following features?
Answer: A,C
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When considering a capital investment, relevant costs for decision making have which THREE of the following features?
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Question 5
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An organization is competing in the high technology market. It sets a high sales price for its products initially to target the early adopters, and then the price is gradually reduced.
This pricing strategy is known as:
Answer: A
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An organization is competing in the high technology market. It sets a high sales price for its products initially to target the early adopters, and then the price is gradually reduced.