Free CIMA CIMAPRA19-P02-1-ENG Exam Questions

Become CIMA Certified with updated CIMAPRA19-P02-1-ENG exam questions and correct answers

Page: 1 / 41

Total 205 Questions | Updated On: Oct 30, 2024

Add To Cart

Question 1

A company is classifying its quality costs to prepare a quality cost report. Which of the following are conformance costs?
Select ALL that apply.

A : ternal Failure Costs

B : evention Costs

C : praisal Costs

Answer: B,C

Question 2

A manufacturing company has recently introduced a Total Quality Management (TQM) system. The company has invested heavily in the education and training of its staff, in addition to implementing new product design engineering. There is a plan to sample units from each batch of products manufactured to test for errors, although this has not yet been implemented due to budget constraints.
The company is experiencing high levels of customer complaints, with many faulty units being returned by the customer for refund or replacement. Sales revenue has fallen recently, mainly due to negative press coverage linked to dissatisfied customers.
Select the statement MOST likely to apply.

A : high level of external failure costs is the result of a lack of expenditure on prevention costs.

B : high level of internal failure costs is the result of a lack of expenditure on appraisal costs.

C : high level of external failure costs is the result of a lack of expenditure on appraisal costs.

D : high level of internal failure costs is the result of a lack of expenditure on prevention costs.

Answer: C

Question 3

GHY has two subsidiaries. GHY-Motor manufactures car engines and GHY-Build designs and assembles cars. In the car industry it is common for manufacturers to buy parts, including engines, from other manufacturers.
GHY has granted GHY-Motor and GHY-Build full autonomy. GHY-Build is considering using an engine from another company for a new model that it is designing. GYY-Motor has a suitable engine, but it charges more than GHY-Build's preferred supplier.
Which of the following statements is correct? Select ALL that apply.

A : Y should consider permitting GHY-Motor to charge part of the selling price on engines sold to GHY-Build to head office.

B : rcing GHY-Motor to grant a discount to GHY-Build could lead to dysfunctional behavior.

C : There could be significant non-financial issues associated with GHY-Build's decision to buy another engine.

D : rent companies should never grant subsidiaries full autonomy on matters such as intra-group sales.

E : threat of dysfunctional behavior is largely theoretical and managers can be trusted to maximise shareholder wealth.

Answer: A,B,C

Question 4

Which TWO of the following expressions are correct?

A : 1 + money rate = (1 + real rate) x (1 + inflation rate)

B : 1 + real rate = (1 + money rate) / (1 + inflation rate)

C : 1 + real rate = (1 + inflation rate) / (1 + money rate)

D : 1 + money rate = (1 + inflation rate) / (1 + real rate)

E : 1 + inflation rate = (1 + money rate) x (1 + real rate)

Answer: A,B

Question 5

An organization is competing in the high technology market. It sets a high sales price for its products initially to target the early adopters, and then the price is gradually reduced.
This pricing strategy is known as:

A : rket skimming

B : netration pricing

C : emium pricing

D : leader pricing

Answer: A

Page: 1 / 41

Total 205 Questions | Updated On: Oct 30, 2024

Add To Cart