CIMA CIMAPRO19-P01-1 問題集

質問 1：
The labour requirement for a special contract is 250 skilled labour hours paid at $10 per hour and 750 semi-skilled labour hours paid at $8 per hour.
At present, skilled labour is fully utilised on other contracts which generate a $12 contribution per hour, after charging labour costs. Additional skilled labour is unavailable in the short term.
There is a surplus of 1,200 semi-skilled hours over the period of the contract but the firm has a policy of no redundancies.
The relevant cost of labour for the special contract is:
A. $ 3,000
B. $ 8,500
C. $ 11,500
D. $ 5,500
正解：D

質問 2：
Explain how probability analysis could be used to assess the risk of the evaluated projects.
Select all the true statements.
A. The net present value (NPV) of the project, if all high, low or medium estimates occurred, can be calculated along with the combined probabilities of their occurrence.
B. The company can determine a range of possible outcomes for each of the cash flows in the project, for example, a high, low and medium estimate of each cash flow could be determined.
C. The probabilities can be combined to calculate the expected value of each cash flow element and of the project as a whole
D. The NPVs of a sample range of possible outcomes and the probability of each NPV can be calculated.
If a small sample is taken the distribution of outcomes can be used to calculate the zero activities deviation of the NPVs and the probability of success of the projects.
正解：A,B,C

質問 3：
A company has to choose between three mutually exclusive projects. Market research has shown that customers could react to the projects in three different ways depending on their preferences. There is a
30% chance that customers will exhibit preferences 1, a 20% chance they will exhibit preferences 2 and a 50% chance they will exhibit preferences 3. The company uses expected value to make this type of decision.
The net present value of each of the possible outcomes is as follows:

A market research company believes it can provide perfect information about the preferences of customers in this market.
What is the maximum amount that should be paid for the information from the market research company?
A. $125 000
B. $135 000
C. $145 000
D. $140 000
正解：D

質問 4：
Reported profits using activity-based costing (ABC) may be different from reported profits using marginal costing because ABC:
A. ignores variable costs.
B. treats materials as the only truly variable cost.
C. includes fixed costs within the cost of inventory.
D. leads to a different selling price.
正解：C

質問 5：
For a company that does not have any production resource limitations, what would be the correct sequence for budget preparation?

正解：


質問 6：
In short-term decision making, which TWO of the following are relevant costs?
A. Avoidable costs
B. Committed costs
C. Notional costs
D. Opportunity costs
E. Sunk costs
正解：A,D

質問 7：
A musical instrument manufacturing company is considering a new project that will require 1000 kg of wood. They have 700 kgs of wood in stock which was purchased last year for £4 per kg. The wood in stock can be sold back to the supplier for £5 per kg. The wood in stock will have to be replaced if it is used. The current purchase price of wood is £8 per kg.
Using this information, what is the relevant cost of wood for the manufacturers decision on this project?
A. £5,000
B. £8,000
C. £5,600
D. £11,500
正解：B

質問 8：
The following information is available regarding a company's two products for last period.
What is the favourable sales quantity profit variance for last period?

Give your answer to the nearest whole $.
正解：
$1500

質問 9：
A company manufactures a machine. The machine is made from two types of raw material and is assembled in a factory using skilled labour. The engine for the machine is purchased from an outside supplier.
The following costs relate to the manufacture of one machine:

What is the finished goods inventory valuation for one machine using throughput costing?
A. $38.00
B. $6.00
C. $24.00
D. $48.00
正解：C