Celebrate 2025 with Discount Offer - Coupon code:

CIMAPRO19-P01-1 Exam Dumps

Certification Exams

Downloadable PDF versions

100% Confidential

Updated Regularly

Advanced Features

Number Of Questions: 260

$59.00

Exam Details

Exam Name:

Management Accounting

Exam Code:

P1

Total Questions in Exam:

260

Demo Questions

Q1. A flexible budget is a budget that is:

A.set prior to the control period and not subsequently changed in response to changes in activity period has expired

B. continuously updated by adding a further accounting period when the earliest accounting period has expired

C. changed in response to changes in the level of activity

D. changed in response to changes in costs

Correct Answer: C

Q2. A company uses a standard costing system. The company's sales budget for the latest period includes 1,500 units of a product with a selling price of $400 per unit. The product has a budgeted contribution to sales ratio of 30%. Actual sales for the period were 1,630 units at a selling price of $390 per unit. The actual contribution to sales ratio was 28%. The sales volume contribution variance for the product for the latest period is:

A.$15, 600 F

B. $17, 800 F

C. $55, 600 F

D. $32, 900 F

Correct Answer: A

Q3. A flexible budget is a budget that is:

A.set prior to the control period and not subsequently changed in response to changes in activity period has expired

B. continuously updated by adding a further accounting period when the earliest accounting period has expired

C. changed in response to changes in the level of activity

D. changed in response to changes in costs

Correct Answer: C

$59.00

Reviews

There are no reviews yet.

Be the first to review “CIMAPRO19-P01-1 Exam Dumps”

Your email address will not be published. Required fields are marked *