CertsTopics Logo

Month End Sale 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: save70

CIMA P1 Exam With Confidence Using Practice Dumps

Exam Code:
P1
Exam Name:
Management Accounting
Certification:
CIMA Operational
Vendor:
CIMA
Questions:
180
Last Updated:
Apr 30, 2025
Exam Status:
Stable
CIMA P1

P1: CIMA Operational Exam 2025 Study Guide Pdf and Test Engine

Are you worried about passing the CIMA P1 (Management Accounting) exam? Download the most recent CIMA P1 braindumps with answers that are 100% real. After downloading the CIMA P1 exam dumps training , you can receive 99 days of free updates, making this website one of the best options to save additional money. In order to help you prepare for the CIMA P1 exam questions and verified answers by IT certified experts, CertsTopics has put together a complete collection of dumps questions and answers. To help you prepare and pass the CIMA P1 exam on your first attempt, we have compiled actual exam questions and their answers. 

Our (Management Accounting) Study Materials are designed to meet the needs of thousands of candidates globally. A free sample of the CompTIA P1 test is available at CertsTopics. Before purchasing it, you can also see the CIMA P1 practice exam demo.

Get P1 Full Access

Related CIMA Exams

Management Accounting Questions and Answers

Get Free P1 Questions and Answers
Question 1

Which THREE of the following statements relating to fixed overhead variances are correct?

Options:

A.

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.

B.

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.

C.

The fixed overhead volume variance can be split into the fixed overhead efficiency variance and the fixed overhead capacity variance.

D.

The total fixed overhead cost variance in an absorption costing system is the difference between budgeted fixed overhead and actual fixed overhead incurred.

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.

Buy Now
Question 2

A company is basing its budget on predicted sales of one of its products. They have tasked you with forecasting the sales in year 2. The company has found that a fairly accurate prediction can be found when the trend

is calculated like so:

a = 10,000

b = 2,000

The sales of year 1 were affected by seasonal variation and were as follows:

Q1:12,500

Q2:14,200

Q3:15,400

Q4:19,650

You use a multiplicative model and round percentages to the nearest whole percent.

Select ALL the correct quarterly forecasts of year 2 from the list.

Options:

A.

Year 2 Q1 = 20,800

B.

Year 2 Q2 = 22,220

C.

Year 2 Q3 = 24,960

D.

Year 2 Q4 = 27,340

Question 3

Place the type of budget or cost against its definition.

Options:

Get Free P1 Questions and Answers