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Free CIMA CIMAPRA19-P02-1-ENG Exam Questions

Try our Free Demo Practice Tests for Comprehensive CIMAPRA19-P02-1-ENG Exam 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: Nov 18, 2024
  • Rated: 4.9 |
  • Online Users: 410
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  • Question 1
    • Firefighters risk serious and potentially fatal accidents whenever they attend an incident.
      Which of the following statements is correct?

      Answer: A
  • Question 2
    • Which of the following statements is TRUE about the activity based costing system when compared to absorption costing method?

      Answer: C
  • Question 3
    • 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 4
    • 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
  • 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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