Free CIMA CIMAPRO19-P02-1-ENG Exam Questions
Try our Free Demo Practice Tests for Comprehensive CIMAPRO19-P02-1-ENG Exam 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: Sep 26, 2024
-
Rated: 4.9 |
-
Online Users: 410
-
Question 1
-
Which TWO of the following actions taken during the budgetary planning process will result in the creation of budgetary slack?
Answer: A,C
-
Which TWO of the following actions taken during the budgetary planning process will result in the creation of budgetary slack?
-
Question 2
-
Which of the following statements about the use of traditional budgeting compared with a beyond budgeting approach is correct?
Answer: B
-
Which of the following statements about the use of traditional budgeting compared with a beyond budgeting approach is correct?
-
Question 3
-
A company is classifying its quality costs to prepare a quality cost report. Which of the following are conformance costs?
Select ALL that apply.
Answer: C,D
-
A company is classifying its quality costs to prepare a quality cost report. Which of the following are conformance costs?
-
Question 4
-
A company has a 31 December year end and pays corporation tax at a rate of 30%. Corporation tax is payable 12 months after the end of the year to which the cash flows relate. The company can claim tax allowable depreciation at a rate of 25% reducing balance. It pays $1 million for a machine on 31 December 20X4. The company's cost of capital is 10%.
What is the present value of the benefit of the first portion of tax allowable depreciation?
Answer: D
-
A company has a 31 December year end and pays corporation tax at a rate of 30%. Corporation tax is payable 12 months after the end of the year to which the cash flows relate. The company can claim tax allowable depreciation at a rate of 25% reducing balance. It pays $1 million for a machine on 31 December 20X4. The company's cost of capital is 10%.
-
Question 5
-
Which TWO of the following expressions are correct?
Answer: A,B
-
Which TWO of the following expressions are correct?