CIMA CIMAPRO19-P01-1 問題集

質問 1：
A marketing manager is trying to decide which of four potential selling prices to charge for a new product. The state of the economy is uncertain and may show signs of recession, growth or boom. The manager has prepared a regret matrix showing the regret for each of the possible outcomes depending on the decision made.

If the manager applies the minimax regret criterion to make decisions, which selling price would be chosen?
A. $40
B. $45
C. $55
D. $50
正解：B

質問 2：
PL currently earns an annual contribution of $2,880,000 from the sale of 90,000 units of product B. Fixed costs are $800,000 per annum.
The management of PL is considering reducing the selling price per unit to $48. The estimated levels of demand at the revised selling price and the probabilities of them occurring are as follows:

Calculate the probability that the profit will increase from its current level if the selling price is reduced to $48.
A. The probability therefore that the contribution will exceed $2,880,000 is 90%.
B. The probability therefore that the contribution will exceed $2,880,000 is 40%.
C. The probability therefore that the contribution will exceed $2,880,000 is 50%.
D. The probability therefore that the contribution will exceed $2,880,000 is 70%.
正解：A

質問 3：
The following details are available for a company's production overhead costs at different levels of activity:

The company uses the high-low method to calculate its budgeted production overhead costs.
What is the budget for production overhead costs at an activity level of 8,500 units?
Give your answer as a whole number.
正解：
$25950

質問 4：
A company manufactures a single product. The following budgeted data applies to month 6:

What was the budgeted fixed production overhead for month 6?
Give your answer to the nearest whole $ (in '000s).
正解：
$60000

質問 5：
You are a trainee management accountant working for a prestigious manufacturing firm. One day you go to a business meeting a business meeting and the managing director is there. They stand up and say that the company is losing too much money through wastage and losses and so they have decided to implement a total quality management system. They go on to say this system will:
1:Allow the company to improve on a consistent and continual basis
2:Allow the company to identify and allocate quality accountability to certain departments
3:Help the company detect error and fraud
Are ALL of these statements correct?
A. No. (2) is incorrect No. (1) is incorrect
B. No. (3) and (2) are incorrect.
C. No. (1) and (2) are incorrect.
D. Yes. They ore all correct
正解：A

質問 6：
A company is choosing between three projects, Project P, Project Q and Project R using minimax regret as the criterion for the decision. The outcome from each project is dependent on future economic growth. If this is strong, returns will be P $5,000, Q $6,500 and R $7,200. If it is weak, returns will be P
$3,500, Q $4,800 and R $4,200.
Place the correct figures into the table to show the maximum regret for each project.

正解：


質問 7：
'A zero-based budgeting system involves establishing decision packages that are then ranked in order of their relative importance in meeting the organization's objectives'.
Which of the following is true regarding he difficulties that a not-for-profit organization may experience when trying to rank decision packages.
Select ALL true statements.
A. The activities that are being proposed in a budget are described in decision packages. There will often be more than one decision package proposed for an activity.
B. Each decision package is evaluated. Its costs are compared to its benefits and net present values or other measures calculated.
C. The activities that are being proposed in a budget are described in variable packages. There will often be more less than one decision package proposed for an activity.
D. Management may decide to accept packages even though the activity was done last year. In this way the organization is said to be starting from a 100% cost base with each package given due consideration.
E. In a public sector body, for example, decision packages will relate to very disparate activities.
F. Management may decide to reject packages even though the activity was done last year. In this way the organization is said to be starting from a zero base with each package given due consideration.
G. In a public sector body, for example, decision packages will relate profit making activities.
H. Some of these packages will be mutually inclusive and will require management to select the best solution to the issue involved.
I. Some of these packages will be inclusive and will require operations to select the best solution to the issue involved.
正解：A,B,E,F,H

質問 8：
Which THREE of the following statements relating to fixed overhead variances are correct?
A. The total fixed overhead variance is made up of the fixed overhead expenditure variance, the fixed overhead efficiency variance and the fixed overhead capacity variance.
B. The fixed overhead volume variance can be split into the fixed overhead efficiency variance and the fixed overhead capacity variance.
C. The total fixed overhead cost variance in an absorption costing system is the difference between budgeted fixed overhead and actual fixed overhead incurred.
D. The total fixed overhead cost variance in an absorption costing system is the amount of fixed overhead that has been under- or over-absorbed in the period.
E. In a marginal costing operating statement reconciling budgeted contribution to actual profit only the fixed overhead expenditure variance and the fixed overhead volume variance are shown.
正解：A,B,D

質問 9：
Find the weighted average contribution per unit using the following information:

A. £2.50
B. £10
C. £5.50
D. £8
正解：A