Halloween Special Limited Time 65% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: 65pass65

P1 Dumps - Management Accounting Practice Exam Questions

CIMA P1 - Management Accounting Braindumps

CIMA P1 - CIMA Operational Practice Exam

  • Certification Provider:CIMA
  • Exam Code:P1
  • Exam Name:Management Accounting Exam
  • Total Questions:260 Questions and Answers
  • Updated on:Oct 28, 2024
  • Product Format: PDF & Test Engine Software Version
  • Support: 24x7 Customer Support on Live Chat and Email
  • Valid For: Worldwide - In All Countries
  • Discount: Available for Bulk Purchases and Extra Licenses
  • Payment Options: Paypal, Credit Card, Debit Card
  • Delivery: PDF/Test Engine are Instantly Available for Download
  • Guarantee: 100% Exam Passing Assurance with Money back Guarantee.
  • Updates: 90 Days Free Updates Service
  •    Web Based Demo

CIMA P1 This Week Result

P1 Question and Answers

Question # 1

A special contract requires 640 units of component T.

The inventory of 280 units of component T cost $0.20 per unit but the component is not currently used by the company.

The current market price of component T is $0.24 per unit but the inventory could be sold for $0.15 per unit.

The relevant cost of the units of component T required for the special contract is:

Options:

A.  

$100.40

B.  

$128.40

C.  

$142.40

D.  

$153.60

Discussion 0
Question # 2

A company manufactures a single product. The company absorbs fixed production overhead using a pre-determined rate per unit.

The following data applies for month 7:

Question # 2

During month 7 fixed production overhead was over absorbed by $40,000.

What was the actual number of units produced during month 7?

Options:

A.  

16,000

B.  

14,000

C.  

8,000

D.  

6,000

Discussion 0
Question # 3

Which TWO of the following statements are true for obtaining a reliable forecast from a time series?

Options:

A.  

There must be an increasing trend.

B.  

The past trend must continue in the future.

C.  

The past pattern of seasonal variations must continue in the future.

D.  

Extrapolation of the trend must be avoided.

E.  

There must be a decreasing trend.

Discussion 0

PDF vs Software Version

Why choose Exams4sure P1 Practice Test?

With the complete collection of P1 practice test, Exams4sure has assembled to take you through CIMA Operational test questions for your CIMA exam preparation. In this P1 exam dumps study guide we have compiled real Management Accounting exam questions with their answers so that you can prepare and pass CIMA Operational exam in your first attempt.

Why Prepare from CIMA Operational P1 Exam Dumps?

Familiarity with Exam Format:
One of the main reasons candidates might look towards P1 dumps is to familiarize themselves with the CIMA exam format. CIMA Operational practice exam can give a glimpse into the types of questions asked and how they are structured.

Identifying Key Topics:
Management Accounting exam questions can highlight recurring themes and topics that are frequently tested, helping CIMA candidates to focus their studies on areas of high importance.

Time Constraints:
Candidates under tight schedules may feel pressured to use Management Accounting exam dumps as a way to quickly cover a lot of material. This is often seen in situations where CIMA Operational certification is needed for job retention or promotion.

Confidence Boosting:
Seeing and answering P1 exam-like questions can boost a candidate's confidence, making them feel more prepared for the actual CIMA exam.

P1 FAQs

CIMA P1 is the first exam in the Chartered Institute of Management Accountants (CIMA) professional qualification process.

 It focuses on management accounting, which is concerned with providing financial and cost data to aid internal decision-making within an organization.

The syllabus is broken down into four main areas:

  • The Context of Management Accounting (10%)
  • Costing (25%)
  • Planning and Control (30%)
  • Decision Making (35%)

Financial accounting focuses on reporting an organization's financial performance to external users like investors and creditors. Management accounting provides internal users with cost data and analysis to help them make informed decisions.

You'll learn about cost identification, classification, absorption costing, and marginal costing.

Budgeting involves setting financial targets for the organization. Budgetary control is the process of monitoring actual performance against the budget and taking corrective action if necessary.

You'll explore how to identify and assess risks, as well as techniques for mitigating them, such as cost-volume-profit (CVP) analysis.

The exam is a computer-based objective test with multiple-choice and short answer questions.

P1 Related Exams

CIMA Operational Practice Exams Dumps Question Answers

  • List of Exams
  • buy now

Add a Comment

Comment will be moderated and published within 1-2 hours

Free Exams Sample Questions