Free CIMA CIMAPRO19-P01-1 Exam Actual Questions

The questions for CIMAPRO19-P01-1 were last updated On Feb 17, 2025

At ValidExamDumps, we consistently monitor updates to the CIMAPRO19-P01-1 exam questions by CIMA. Whenever our team identifies changes in the exam questions,exam objectives, exam focus areas or in exam requirements, We immediately update our exam questions for both PDF and online practice exams. This commitment ensures our customers always have access to the most current and accurate questions. By preparing with these actual questions, our customers can successfully pass the CIMA P1 Management Accounting exam on their first attempt without needing additional materials or study guides.

Other certification materials providers often include outdated or removed questions by CIMA in their CIMAPRO19-P01-1 exam. These outdated questions lead to customers failing their CIMA P1 Management Accounting exam. In contrast, we ensure our questions bank includes only precise and up-to-date questions, guaranteeing their presence in your actual exam. Our main priority is your success in the CIMAPRO19-P01-1 exam, not profiting from selling obsolete exam questions in PDF or Online Practice Test.

 

Question No. 1

Select the benefits to a company of using sensitivity analysis in investment appraisal.

(Select all the true statements.)

Show Answer Hide Answer
Correct Answer: A, B, D

References:


Question No. 2

Petco's material price standard was 8 per kg.

When looking over their accounts you calculate that in fact they they purchased 2,000kg at 6 per kg due to an overly abundant harvest that lowered global pet food prices.

You have been asked by your manager to analyse these figures and come to a conclusion.

With that in mind which of the following statements are correct? Select ALL that apply.

Show Answer Hide Answer
Correct Answer: B, D

Question No. 3

QR uses an activity based budgeting (ABB) system to budget product costs. It manufactures two products, product Q and product R. The budget details for these two products for the forthcoming period are as follows:

The total budgeted cost of setting up the machines is $74,400.

Select TWO potential benefits of using an activity based budgeting system.

Show Answer Hide Answer
Correct Answer: A, D

References:


Question No. 4

PL currently earns an annual contribution of $2,880,000 from the sale of 90,000 units of product B. Fixed costs are $800,000 per annum.

The management of PL is considering reducing the selling price per unit to $48. The estimated levels of demand at the revised selling price and the probabilities of them occurring are as follows:

Calculate the probability that the profit will increase from its current level if the selling price is reduced to $48.

Show Answer Hide Answer
Correct Answer: A

References:


Question No. 5

Which of the following would lead to a favourable variance?

Show Answer Hide Answer
Correct Answer: D