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Free CIMA CIMAPRO19-P02-1-ENG Exam Questions

Absolute Free CIMAPRO19-P02-1-ENG Exam Practice for Comprehensive Preparation 

  • CIMA CIMAPRO19-P02-1-ENG Exam Questions
  • Provided By: CIMA
  • Exam: P2 Advanced Management Accounting
  • Certification: CIMA Professional Qualification
  • Total Questions: 205
  • Updated On: Jul 24, 2026
  • Rated: 4.9 |
  • Online Users: 410
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  • Question 1
    • Which of the following statements is TRUE about the activity based costing system when compared to absorption costing method?

      Answer: C
  • Question 2
    • Which of the following statements about the use of traditional budgeting compared with a beyond budgeting approach is correct?

      Answer: B
  • Question 3
    • The following summarised financial statements have been prepared by JNM's North subsidiary for the year just ended:

      1

      Calculate the North subsidiary's Residual Income, assuming that JNM's cost of capital is 10%.
      Give your answer to the nearest $ million.

      Answer: A
  • Question 4
    • You have just assessed an investment proposal, involving an immediate cash outflow followed by a series of cash inflows over the next 7years, by deducing the NPV and the IRR. You have now discovered that you have
      underestimated the discount rate.
      Correcting the underestimation will have the following effect, relative to your original deductions:

      Answer: A
  • Question 5
    • A company has three divisions, each of which is an investment centre. The divisional managers' performance is assessed using return on investment (ROI). A higher ROI will result in a higher bonus for the divisional manager.
      The company's cost of capital is 15%.
      For the forthcoming year each divisional manager has one investment opportunity available as follows:

      1

      The manager(s) of which division(s) will proceed with their respective investment opportunity?

      Answer: B
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