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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: Jan 17, 2025
  • 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
    • One of an investment centre's products is sold on an external market. Output is limited because the specialist machine that manufactures the product is operating at full capacity.
      Current data for the product are as follows.

      1

      Answer: A
  • Question 3
    • 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
  • Question 4
    • 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 5
    • Which of the following statements about the use of traditional budgeting compared with a beyond budgeting approach is correct?

      Answer: B
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