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Title: Cima P2 Practice Questions


1
Education
Cima P2 Advanced Management Accounting and
Taxation
Study
Power
Student
https//www.exams4sure.com/CIMA/P2-practice-exam-d
umps.html
2
What is CIMA?
CIMA is the most relevant accounting
qualification for business. Becoming a Chartered
Management Accountant can accelerate your career
and boost your salary. It is a proven path to
business success.
3
CIMA Certificate In Business Accounting
4
P2 financial operations
The P2 exam focuses on how to prepare full
financial statements for a single company and
the principal consolidated financial statements
for a simple group
Get Complete File Click Here
5
Pass Your Exam By The Help Of Exams4sure.com
6
Now days passing CIMA certification exams are not
easy and simple. Before you attempt to get the
exams, you need to understand its all levels of
assurance. If you would like to pass CIMA
certifications and you are as well seeking for
most excellent and simple to understand stuff so,
now it is very simple for you to obtain it. This
website is offering you here most up-to-date
questions answers of CIMA certification exams,
correct according to the updated exam.
7
Get Complete File CLICK Here
8
(No Transcript)
9
How Cima Benefits Your Business
  • Analysis - Understanding the history behind
    numbers and use it to make business
  • decisions
  • Strategy Using the insight from analysis to
    help formulate business strategy to create
  • wealth and shareholder value.
  • Risk - The application of analytical skills to
    observe business processes end end a pair
  • identify and manage risks.
  • Planning using accounting techniques to plan
    and budget.
  • Communication knowing what information
    management needs and explaining
  • the numbers to non-financial managers.

https//www.exams4sure.com/CIMA/P2-practice-exam-d
umps.html
10
Here are some questions of Cima P2 that you get
same in your exam.
Here are some questions please stay with us
https//www.exams4sure.com/CIMA/P2-practice-exam-d
umps.html
11
Question No 1
  • Which TWO of the following are examples of
    management information made possible by the
    availability of big data?
  • Customer profitability analysis to identify key
    strategic customers
  • Customer information harvested from social media
    to target products
  • Production cycle time analysis to improve
    production efficiency
  • Real-time inventory management information shared
    with producers to influence their production
    plans
  • A five-year history of a company's aged debtor
    list to assess the long-run effectiveness of
    credit control
  • Answer B, D

https//www.exams4sure.com/CIMA/P2-practice-exam-d
umps.html
12
Question No 2
  • Company D is about to launch an innovative and
    unique product which may face direct competition
    within three years. The company needs to achieve
    a rapid payback on all investments because it has
    limited access to external finance.
  • Which is the most appropriate pricing strategy
    for company D's new product, and for what reason?
  • Market skimming because it exploits areas of the
    market which are sensitive to price.
  • Penetration pricing because it can be used to
    rapidly build sales volume in mature markets.
  • Market skimming because it enables high prices to
    be charged to buyers who want the product as soon
    as possible.
  • Penetration pricing because it can be used to
    rapidly build sales volume in high growth
    markets.
  • Answer C

https//www.exams4sure.com/CIMA/P2-practice-exam-d
umps.html
13
Question No 3
  • Performance measures that monitor the extent to
    which a not-for-profit organization's objectives
    have been achieved are measures of
  • Economy
  • Efficiency
  • Effectiveness
  • Enterprise
  •  
  • Answer C

https//www.exams4sure.com/CIMA/P2-practice-exam-d
umps.html
14
Question No 4
  • An organization employs a dual pricing basis for
    the transfer of components between its divisions.
    This means that
  • Each division has a separate transfer price for a
    single transaction.
  • The transfer price is based on marginal cost with
    a separate charge to allow for fixed costs.
  • The transfer price is based on the cost of the
    product plus a mark-up for profit.
  • The transfer price is based on the market price
    less a discount.
  • Answer A

https//www.exams4sure.com/CIMA/P2-practice-exam-d
umps.html
15
Question No 5
  • For a complex and repetitive task, which of the
    following correctly describes a steep learning
    curve?
  • Repeated training may be required but this will
    not necessarily result in a reduction in the time
    taken to complete the task.
  • After the initial learning period there will be a
    rapid reduction in the time taken to complete the
    task.
  • There will be a long period before there is a
    reduction in the time taken to complete the task.
  • After the initial learning period there will be a
    slow reduction in the time taken to complete the
    task.
  • Answer B

https//www.exams4sure.com/CIMA/P2-practice-exam-d
umps.html
16
Question No 6
  • A manufacturing company has recently introduced a
    Total Quality Management (TQM) system. The
    company has invested heavily in the education and
    training of its staff, in addition to
    implementing new product design engineering.
    There is a plan to sample units from each batch
    of products manufactured to test for errors,
    although this has not yet been implemented due to
    budget constraints.
  • The company is experiencing high levels of
    customer complaints, with many faulty units being
    returned by the customer for refund or
    replacement. Sales revenue has fallen recently,
    mainly due to negative press coverage linked to
    dissatisfied customers. Select the statement MOST
    likely to apply.
  • The high level of external failure costs is the
    result of a lack of expenditure on prevention
    costs.
  • The high level of internal failure costs is the
    result of a lack of expenditure on appraisal
    costs.
  • The high level of external failure costs is the
    result of a lack of expenditure on appraisal
    costs.
  • The high level of internal failure costs is the
    result of a lack of expenditure on prevention
    costs.
  • Answer C

https//www.exams4sure.com/CIMA/P2-practice-exam-d
umps.html
17
Question No 7
A company is considering four mutually exclusive
projects. There are three possible future demand
conditions but the company has no idea of the
probability of each of these demand conditions
occurring. The forecast net present values (NPVs)
of each of the four projects, under each of the
three possible future demand conditions, are as
follows. Which investment would be selected using
the maximin criterion?
  • Investment A
  • Investment B
  • Investment C
  • Investment D
  • Answer C

https//www.exams4sure.com/CIMA/P2-practice-exam-d
umps.html
18
Question No 8
  • For a complex and repetitive task, which of the
    following correctly describes a steep learning
    curve?
  • Repeated training may be required but this will
    not necessarily result in a reduction in the time
    taken to complete the task.
  • After the initial learning period there will be a
    rapid reduction in the time taken to complete the
    task.
  • There will be a long period before there is a
    reduction in the time taken to complete the task.
  • After the initial learning period there will be a
    slow reduction in the time taken to complete the
    task.
  • Answer B

https//www.exams4sure.com/CIMA/P2-practice-exam-d
umps.html
19
Question No 9
The following data are available for an
investment centre for the latest period. Where
appropriate the data have been adjusted to
reflect economic values. What cost of capital
has been used to calculate the EVA? Give your
answer to the nearest percentage.
Answer 9
https//www.exams4sure.com/CIMA/P2-practice-exam-d
umps.html
20
Why Choose Exams4sure
21
Pass your Cima P2 Advanced Management Accounting
and Taxation Exam by the help of
To Get Complete File
Click Here
22
Education
Cima P2 Advanced Management Accounting and
Taxation
Study
Power
Student
Your all study problems solutions
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