About our CIMAPRO15-P01-X1-ENG test questions, it is one of authorized test materials for candidates who hold ambitious aims in the area. So we give you a brief introduction of CIMAPRO15-P01-X1-ENG test engine as follows:

The features of three-type- products: PDF & Software & APP version

All these types of products are the newest version of authorized exam dumps materials for CIMA CIMA Certification exam. You can tell according to updating version NO. on website. Here we want to introduce the CIMAPRO15-P01-X1-ENG set especially to you---A desirable version supporting browse on the web included many questions. You can pay only dozens of money for it with some discount. As the main provider of CIMAPRO15-P01-X1-ENG pass king materials, we recommend this kind of version to customers. When we updates questions, we shall instantly send you related details about CIMAPRO15-P01-X1-ENG test questions to you Email box, give customers heartfelt service, or you can contact with customer service for them. Besides the full refund guarantee, we also promise send you the latest CIMAPRO15-P01-X1-ENG test engine questions even you pass the test, so you can realize any tiny changes.

Long-term cooperation with customers

If you enjoy a comfortable and satisfying purchasing service of CIMAPRO15-P01-X1-ENG test questions, we hope you can still choose us when you need other products. We pay important attention to honor and reputation, so it is our longtime duty to do better about our CIMAPRO15-P01-X1-ENG test engine, and that is what we are proud of. After receiving feedback of former customers, they inspired us and made us do better. They also recommend CIMAPRO15-P01-X1-ENG test questions to people around them. We earn this by accuracy of practice dumps, so do not need to worry about quality and trust us as friends who help you get over problems. We regard the pass of your test exam as our business, and send you intimate service. If you get a satisfying experience about CIMAPRO15-P01-X1-ENG test dumps this time, expect your preference next time.

Some tips &Notice

During you practice with CIMAPRO15-P01-X1-ENG test questions, you can mark the most important and difficult points, and exchange them with friends, which can speed up you process and build up confidence, before get down to business, look through the whole contents of CIMAPRO15-P01-X1-ENG test engine quickly, which can help you be familiar with questions. Hope you can pass the CIMA CIMA Certification test smoothly. After placing your order successfully, then you can download exam dumps or system will send you CIMAPRO15-P01-X1-ENG test questions in a few hours. Once you received our products, you just need to spend one or two days to practice questions and repeat the answers of CIMAPRO15-P01-X1-ENG pass king materials. (In case you do not receive any massage, please notice us at your available time, do not forget to check junk mailbox.)

After purchase, Instant Download: Upon successful payment, Our systems will automatically send the product you have purchased to your mailbox by email. (If not received within 12 hours, please contact us. Note: don't forget to check your spam.)

CIMA CIMAPRO15-P01-X1-ENG Exam Syllabus Topics:

CIMA P1 - Management Accounting Question Tutorial Sample Questions:

1. A company produces trays of pre-prepared meals that are sold to restaurants and food retailers. Three varieties of meals are sold: economy, premium and deluxe.


Calculate, for the original budget, the budgeted fixed overhead costs, the budgeted variable overhead cost per tray and the budgeted total overheads costs.

A) Original budget contribution = $162 000, Flexed budget contribution = $ 178 200, Actual Contribution $ 201 960
B) Original budget contribution = $172 000, Flexed budget contribution = $ 148 200, Actual Contribution $ 221 960
C) Original budget contribution = $242 000, Flexed budget contribution = $ 148 200, Actual Contribution $ 121 960
D) Original budget contribution = $272 000, Flexed budget contribution = $ 248 200, Actual Contribution $ 321 960

2. JRL manufactures two products from different combinations of the same resources. Unit selling prices and unit cost details for each product are as follows:

Identify, using graphical linear programming, the weekly production schedule for products J and L that will maximize the profits of JRL during the next four weeks.

A) Optimum plan (including major customer order) is therefore:
W 910 units
R 800 units
X 2,200 units
B) Optimum plan (including major customer order) is therefore:
W 950 units
R 750 units
X 2,300 units
C) Optimum plan (including major customer order) is therefore:
W 900 units
R 700 units
X 2,100 units
D) Optimum plan (including major customer order) is therefore:
W 1, 000 units
R 600 units
X 2,000 units
E) Optimum plan (including major customer order) is therefore:
W 900 units
R 650 units
X 2,000 units

3. A medium-sized manufacturing company, which operates in the electronics industry, has employed a firm of consultants to carry out a review of the company's planning and control systems. The company presently uses a traditional incremental budgeting system and the inventory management system is based on economic order quantities (EOQ) and reorder levels. The company's normal production patterns have changed significantly over the previous few years as a result of increasing demand for customized products. This has resulted in shorter production runs and difficulties with production and resource planning.
The consultants have recommended the implementation of activity based budgeting and a manufacturing resource planning system to improve planning and resource management.
Select ALL the benefits for the company that could occur following the introduction of an activity based budgeting system.

A) ABB systems present costs under functional headings i.e. the emphasis is on the nature of the cost. The weakness of this approach is that it gives little indication of the link between the level of activity and the cost incurred.
B) The approach under an activity based system is to make arbitrary cuts in order to meet overall financial targets.
C) Under an activity based budgeting system, resource allocation is linked to the strategic plan is prepared after considering alternative strategies. This approach ensures that new activities that are required to meet the company's strategic objectives are included in the budget.
D) Activity based techniques including activity based budgeting focus on the outputs of a process rather than the input to the process. This approach provides a clear framework for understanding the link between costs and the level of activity. It allows the ranking of activities and the determination of how limited resources should be allocated across competing activities.
E) Activity based budgeting allows the identification of value added and non-value added activities and ensures that cuts are made to non-value added activities. ABB is also useful for review of capacity utilization.
F) Under an activity based budgeting system the focus is on existing resources and operations. Adjustments are then made for changes in activity and price which results in past inefficiencies being perpetuated.
Under a traditional budgeting system, only resources that are needed to perform activities required to meet the budgeted production and sales volumes are included.

4. A company has to choose between three mutually exclusive projects. Market research has shown that customers could react to the projects in three different ways depending on their preferences. There is a 30% chance that customers will exhibit preferences 1, a 20% chance they will exhibit preferences 2 and a 50% chance they will exhibit preferences 3. The company uses expected value to make this type of decision.
The net present value of each of the possible outcomes is as follows:

A market research company believes it can provide perfect information about the preferences of customers in this market.
What is the maximum amount that should be paid for the information from the market research company?

A) $140 000
B) $135 000
C) $145 000
D) $125 000

5. A medium-sized manufacturing company, which operates in the electronics industry, has employed a firm of consultants to carry out a review of the company's planning and control systems. The company presently uses a traditional incremental budgeting system and the inventory management system is based on economic order quantities (EOQ) and reorder levels. The company's normal production patterns have changed significantly over the previous few years as a result of increasing demand for customized products. This has resulted in shorter production runs and difficulties with production and resource planning. The consultants have recommended the implementation of activity based budgeting and a manufacturing resource planning system to improve planning and resource management.
What are the benefits for the company that could occur following the introduction of an activity based budgeting system?
Select ALL the correct answers.

A) Under a traditional incremental budgeting system the focus is on existing resources and operations.
Adjustments are then made for changes in activity and price which results in past inefficiencies being perpetuated. Under an activity based budgeting system, only resources that are needed to perform activities required to meet the budgeted production and sales volumes are included.
B) Activity based techniques including activity based budgeting focus on the outputs of a process rather than the input to the process. This approach provides a clear framework for understanding the link between costs and the level of activity. It allows the ranking of activities and the determination of how limited resources should be allocated across competing activities.
C) Activity Based Budgeting Systems present costs under functional headings i.e. the emphasis is on the nature of the cost. The weakness if this approach is that it gives little indication of the link between the level of activity and the cost incurred.
D) The approach under an Activity based Budgeting System is to make arbitrary cuts in order to meet overall financial targets.
E) Under an activity based budgeting system, resource allocation is linked to the strategic plan and is prepared after considering alternative strategies. This approach ensures that new activities that are required to meet the company's strategic objectives are included in the budget.

Solutions: