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CIMAPRO19-P02-1 Exam Dumps

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CIMAPRO19-P02-1 Pack
Vendor: CIMA
Exam Code: CIMAPRO19-P02-1
Exam Name: P2 Advanced Management Accounting
Exam Questions: 202
Last Updated: November 21, 2025
Related Certifications: CIMA Professional Qualification
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Free CIMA CIMAPRO19-P02-1 Exam Actual Questions

Question No. 1

Which of the following is a key objective when agreeing a basis for setting transfer prices?

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Correct Answer: A

Question No. 2

A company makes three products, E, F and G. Total overheads for the year are expected to be $1.2 million, with the following split between cost pools:

Cost driver information has been estimated as follows:

The company plans to make 10,000 units of product E in the year, with an expected direct cost of $0.60 per unit. This annual production of product E is expected to require 20 quality inspections, 28 purchase requisitions, and 400 kilogrammes of materials.

What is the overhead cost per unit of product E?

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Correct Answer: A

Question No. 3

Which of the following correctly defines the expected value of a project?

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Correct Answer: A

Question No. 4

A manager must decide which one of three projects should be implemented. For each project the possible outcomes and their associated probabilities can be estimated reliably. The manager has decided to make the decision based solely on which project has the highest expected value of profit.

Which of the following statements are correct?

Select ALL that apply.

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Correct Answer: B, E

Question No. 5

A cost centre manager's performance is monitored based on a comparison of actual and budgeted cost. A summary performance report for the latest period is shown below.

The actual costs include:

*$28,000 for allocated head office costs.

*$18,000 payment for a rental agreement entered into by the cost centre manager two years ago.

*$34,000 for depreciation.

What is the cost centre manager's controllable actual cost for the period?

Give your answer to the nearest $000.

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Correct Answer: A

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