Free CIMA CIMAPRO19-P01-1-ENG Exam Questions

Become CIMA Certified with updated CIMAPRO19-P01-1-ENG exam questions and correct answers

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Total 261 Questions | Updated On: Dec 18, 2025
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Question 1

THS produces two products from different combinations of the same resources. Details of the products are shown below:

73
Identify, using graphical linear programming, the optimal production plan for products E and R to maximize THS's profit in the month.


Answer: D
Question 2

A manager is deciding which one of four services to provide next period.

The contribution earned by each service will depend on the weather conditions as follows.

30

Using the maximin criterion, which service will the manager provide?


Answer: D
Question 3

The standard production cost of making a product is as follows:

3

What is the fixed production overhead capacity variance?


Answer: B
Question 4

A university is trying to decide whether or not to advertise a new post-graduate degree programme. The number of students starting the programme is dependent on economic conditions. If conditions are poor, it is expected that the programme will attract 40 students without advertising. There is a 60% chance that economic conditions will be poor. If economic conditions are good it is expected that the programme will attract only 20 students without advertising. There is a 40% chance that economic conditions will be good.
If the programme is advertised and economic conditions are poor, there is a 65% chance that the advertising will stimulate further demand and student numbers will increase to 50. If economic conditions are good, there is a 25% chance the advertising will stimulate further demand and numbers will increase to 25 students.
The profit expected, before deducting the cost of advertising, at different levels of student numbers are as follows:
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The cost of advertising the programme will be $15,000.
Required:
Demonstrate, using a decision tree, whether the programme should be advertised.


Answer: A
Question 5

A company is preparing its annual budget and is estimating the number of units of Product W that it will sell in each quarter of year 2. Past experience has shown that the trend for sales of the product is represented by the following relationship:

73
Calculate the expected unit sales of Product W for each quarter of year 2, after adjusting for seasonal variations using the multiplicative model.


Answer: A
Page:    1 / 53      
Total 261 Questions | Updated On: Dec 18, 2025
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