Sharpen Your Knowledge with CIMA (CIMAPRO19-P02-1) Certification Sample Questions
CertsTime has provided you with a sample question set to elevate your knowledge about the CIMA P2 Advanced Management Accounting exam. With these updated sample questions, you can become quite familiar with the difficulty level and format of the real CIMAPRO19-P02-1 certification test. Try our sample CIMA P2 Advanced Management Accounting certification practice exam to get a feel for the real exam environment. Our sample practice exam gives you a sense of reality and an idea of the questions on the actual CIMA Professional Qualification certification exam.
Our sample questions are similar to the Real CIMAPRO19-P02-1 exam questions. The premium CIMA P2 Advanced Management Accounting certification practice exam gives you a golden opportunity to evaluate and strengthen your preparation with real-time scenario-based questions. Plus, by practicing real-time scenario-based questions, you will run into a variety of challenges that will push you to enhance your knowledge and skills.
CIMAPRO19-P02-1 Sample Questions:
SQ has the opportunity to invest in project X. The net present value for project X is $12,600. Cash inflows occur in years 1, 2 and 3. The company's cost of capital is 14%.
Calculate the annualized equivalent annuity of project X.
Give your answer to the nearest whole $.
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A firm of accountants uses an activity-based costing system. The firm's costing system permits staff to indicate specific tasks undertaken for clients, such as requesting missing information. The amount charged for a request for missing information is based on the following analysis.
Each request takes an average of 15 minutes of professional staff time. Professional staff are charged out at $100 per hour.
Administrators then process the information request and prepare a standard letter. The average time administration staff spend on each information request is 20 minutes. The cost of administration staff at the firm is $75,600 per year. Administration staff work for a total of 6,000 hours per year. The cost of printing and posting a letter is $1.
Calculate the cost of an information request.
Give your answer to 2 decimal places.
If transfer prices are set at variable costs, the supplying division does not cover its fixed costs.
Which of the following does NOT resolve this problem?
Which TWO of the following are reasons why cost-based approaches to transfer pricing are often used in practice?
Which TWO of the following expressions are correct?
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