Free CIMA CIMAPRA19-P02-1-ENG Exam Questions

Absolute Free CIMAPRA19-P02-1-ENG Exam Practice for Comprehensive Preparation 

  • CIMA CIMAPRA19-P02-1-ENG Exam Questions
  • Provided By: CIMA
  • Exam: P2 Advanced Management Accounting (Online)
  • Certification: CIMA Professional Qualification
  • Total Questions: 205
  • Updated On: May 24, 2026
  • Rated: 4.9 |
  • Online Users: 410
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  • Question 1
    • 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
  • Question 2
    • A project has a positive net present value (NPV) when discounted at a company's weighted average cost of capital (WACC). The project has also been evaluated using a range of other investment appraisal techniques.
      It has now been recognized that the project is of much higher risk than the average risk of the company's existing portfolio of projects. It has therefore been decided that the discount rate to be used when evaluating this project should be the WACC adjusted for risk.
      As the result of changing the discount rate as described, which of following statements are correct?
      Select ALL that apply.

      Answer: A,D
  • Question 3
    • Which of the following statements is TRUE about the activity based costing system when compared to absorption costing method?

      Answer: C
  • Question 4
    • In order to remain competitive an organization wishes to achieve cost savings for one of its existing products.
      Which of the following correctly describes methods which the organization can use to achieve these cost savings?
      Select ALL that apply.

      Answer: A,D
  • Question 5
    • A large company that sells a single product has many customers. The contribution per unit of the product is $40. Data for the company as a whole are given below.

      1

      Using customer profitability analysis, what is the total annual profit for this customer?

      Answer: A
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