CIMA CIMAPRO19-P01-1 問題集

質問 1：
Product G has the following sales information:

If moving averages of annual sales over 3-year periods are calculated, what is the moving average at Year 3?
A. 168
B. 182
C. 170
D. 185
正解：B

質問 2：
A company has budgeted to produce 5,000 units of Product B per month. The opening and closing inventories of Product B for next month are budgeted to be 400 units and 900 units respectively. The budgeted selling price and variable production costs per unit for Product B are as follows:

Total budgeted fixed production overheads are $29,500 per month.
The company absorbs fixed production overheads on the basis of the budgeted number of units produced. The budgeted profit for Product B for next month, using absorption costing, is $20,700.
Prepare a marginal costing statement which shows the budgeted profit for Product B for next month.
What was the marginal costing profit for the next month?
A. $18 600
B. $17 750
C. $17 890
D. $18 750
正解：B

質問 3：
Place the type of budget or cost against its definition.

正解：


質問 4：
Place the correct label against each item to categorise the cost of the item within the quality cost framework.

正解：


質問 5：
Assume that you have made profit calculations based on standard profit calculation methods and activity based costing methods.
In which ways will this information be beneficial to the management team?
Select all the true statements.
A. Through the tracing of costs to product in this way ABC establishes less accurate costs for the product or service.
B. Under an activity based costing system the various support activities that are involved in the process of making products or providing services are identified.
C. Operational analysis will provide information to management on how costs can be incurred and managed.
D. The cost drivers that cause a change to the cost of activities are also identified and used as the basis to attach activity costs to a particular product or service.
E. The identification of cost drivers provides information to management to enable them to take actions to improve the overall profitability of the company.
正解：B,D,E

質問 6：
N prepares budgets on an annual basis by using the budget from the previous year, and then adjusting it for growth and inflation.
This is an example of:
A. Zero based budgeting
B. A flexed budget
C. An incremental budget
D. A rolling budget
正解：C

質問 7：
Which of the following explain why standard costing is less appropriate in the contemporary business environment?
1. In a continuous improvement environment standard costing can restrict the impetus to remain as cost competitive as rivals.
2. Fixed overhead variances are less relevant as fixed costs represent a decreasing proportion of total manufacturing cost.
3. In a just-in-time environment there are fewer costs to control.
A. 1 and 2
B. 1 only
C. 2 and 3
D. 1 and 3
正解：B

質問 8：
What type of budget is prepared on an annual basis taking current year operating results and adjusting them for expected growth and inflation?
A. Flexed budget
B. Zero-based budget
C. Incremental budget
D. Rolling budget
正解：C

質問 9：
'Public sector organizations are often judged by their economy, efficiency and effectiveness.
Consequently, they should use an approach to budgeting other than incremental budgeting.' Required:
Explain ONE advantage and TWO disadvantages of public sector organizations using incremental budgeting.
Select all true statements.
A. The main advantage of incremental budgeting is that the cost of past activities becomes fixed and any inefficiencies or wastage is perpetuated.
B. The incremental approach encourages managers in public sector organizations to look at the efficiency and effectiveness of activities undertaken.
C. The incremental approach means that budget holders in public sector organizations will be encouraged to use up this year's budget will be as high as possible.
D. An incremental; approach is not as easy and fast to implement than other forms of budgeting approaches e.g. zero based budgeting.
E. Public sector organizations tend to be fairly complex and in many cases outputs cannot be measured in monetary terms therefore the link between inputs and outputs is difficult to establish. An incremental approach can therefore provide a cost effective approach to budgeting.
F. Under an incremental approach to budgeting, existing operations and the current budgeted allowance for these existing activities are taken as the base level for preparing the budget.
正解：C,E,F