How to Pass CIMA P2

Advanced Management Accounting

What is CIMA?
The Chartered Institute of Management Accountants (CIMA)is
a United Kingdom-based professional body offering training
and qualification in management accountancy and related
subjects, focused on accounting for business; together with
ongoing support for members.

Operational Level:

Management Level:

P1ManagementAccounting

P2 Advanced Management Accounting

E1OrganisationalManagement
F1FinancialReportingandTaxation
E3 Strategic Management

E2 Project and Relationship Management

F2 Advanced Financial Reporting
F3 Financial Strategy

http://www.cimadumps.us/cima-exams

Here are some questions of CIMA P2.

Get all CIMA P2 free dumps and passed the Exam
in First Attempt.

You can easily pass the exam by the help of

Cimadumps.us We gives you a demo questions
and answers. For more assistance visit:

http://www.cimadumps.us/p2-advanced-management-accounting

Question No 1:

Which one of the following would NOT be included in a decision to close a

division of an organization?
A. Fixed costs directly attributable to the division
B. Sale of unwanted non-current assets
C. Redundancy pay for employees of the division
D. Head office overheads absorbed on the basis of the number of units produced
Answer: D

http://www.cimadumps.us/p2-advanced-management-accounting

Question No 2:

FP has decided not to use the EOQ and has decided to order 2,600 calculators
each time an order is placed. The total ordering and holding costs per annum
will be:
A. $208,014
B. $5,240
C. $3,420
D. $19,800
Answer: C

http://www.cimadumps.us/p2-advanced-management-accounting

Question No 3:

Which one of the following would NOT be included in a decision to close a

division of an organization?
A. Redundancy pay for employees of the division
B. Head office overheads absorbed on the basis of the number of units produced
C. Fixed costs directly attributable to the division
D. Sale of unwanted non-current assets
Answer: B

http://www.cimadumps.us/p2-advanced-management-accounting

Question No 4:

The economic order quantity (EOQ) for this model of calculator will be?
A. 2,060 units
B. 771 units
C. 2,438 units
D. 67 units
Answer: C

http://www.cimadumps.us/p2-advanced-management-accounting

Question No 5:

A company has a money cost of capital of 9%. The rate of inflation is 3%. The
companys real cost of capital is nearest to?
A. 5.8%
B. 6.0%
C. 12.0%
D. 12.3%

Answer: A

http://www.cimadumps.us/p2-advanced-management-accounting

Question No 6:

In short-term decision making, which TWO of the following are relevant costs?
A. Opportunity costs
B. Sunk costs
C. Committed costs
D. Avoidable costs
E. Notional costs
Answer: D, A

http://www.cimadumps.us/p2-advanced-management-accounting

Question No 7:

AB is preparing its cash budget for the next quarter. Which of the following items
should NOT be included in the cash budget?
A. Payment of tax due on last years profits
B. Repayment of the capital amount of a loan
C. Receipt of interest from short term investments
D. Gain on the disposal of a piece of machinery
Answer: D

http://www.cimadumps.us/p2-advanced-management-accounting

Question No 8:
A company has a real cost of capital of 6% per annum and inflation is 3%
per annum. The companys money cost of capital per annum is:
A.
B.
C.
D.

9.18%
9.00%
2.91%
3.00%

Answer: A

http://www.cimadumps.us/p2-advanced-management-accounting

185 Questions with Answers

Just 1 Day Study Required to Pass Exam
100% Passing Assurance
Money Back Guarantee
Free 3 Months Updates

http://www.cimadumps.us/p2-advanced-management-accounting