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: Dec 06, 2025
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Rated: 4.9 |
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Online Users: 410
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Question 1
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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 2
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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 3
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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.
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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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GHY has two subsidiaries. GHY-Motor manufactures car engines and GHY-Build designs and assembles cars. In the car industry it is common for manufacturers to buy parts, including engines, from other manufacturers.
GHY has granted GHY-Motor and GHY-Build full autonomy. GHY-Build is considering using an engine from another company for a new model that it is designing. GYY-Motor has a suitable engine, but it charges more than GHY-Build's preferred supplier.
Which of the following statements is correct? Select ALL that apply.
Answer: A,B,C
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GHY has two subsidiaries. GHY-Motor manufactures car engines and GHY-Build designs and assembles cars. In the car industry it is common for manufacturers to buy parts, including engines, from other manufacturers.