Free CIMA CIMAPRO19-P01-1-ENG Exam Questions
Absolute Free CIMAPRO19-P01-1-ENG Exam Practice for Comprehensive Preparation
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CIMA CIMAPRO19-P01-1-ENG Exam Questions
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Provided By: CIMA
- Exam: P1 Management Accounting
- Certification: CIMA Professional Qualification
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Total Questions: 261
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Updated On: Sep 03, 2026
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Rated: 4.9 |
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Online Users: 522
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Question 1
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Explain how probability analysis could be used to assess the risk of the evaluated projects.Select all the true statements.
Answer: A,B,C
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Question 2
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A company is preparing its annual budget and is estimating the number of units of Product A that it will sell in each quarter of year 2. Past experience has shown that the trend for sales of the product is represented by the following relationship:y = a + bx wherey = number of sales units in the quarter a = 10,000 units b = 3,000 units x = the quarter number where 1 = quarter 1 of year 1Actual sales of Product A in Year 1 were affected by seasonal variations and were as follows:Quarter 1:14,000 units Quarter2: 18,000 units Quarter 3: 18,000 units Quarter 4: 20,000 unitsCalculate the expected sales of Product A (in units) for each quarter of year 2, after adjusting for seasonal variations using the additive model.
Answer: B
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Question 3
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Some of the movements in a time series follow a pattern over time.
Which type of movement does NOT follow a pattern over time?
Answer: C
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Some of the movements in a time series follow a pattern over time.
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Question 4
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Christian the management accountant at a car manufacturer has been given a list of costs that have been incurred due to accidents and errors either occurring or being prevented.
Which of the following are examples of non-conformance costs? Select ALL that apply.
Answer: A,B,C
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Christian the management accountant at a car manufacturer has been given a list of costs that have been incurred due to accidents and errors either occurring or being prevented.
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Question 5
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A company's budget for the next period shows that it would breakeven at sales revenue of $800,000 and fixed costs of $320,000.The sales revenue needed to achieve a profit of $200,000 in the next period would be:
Answer: D
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