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: Sep 11, 2025

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Question 1

Which TWO of the following statements are true for obtaining a reliable forecast from a time series?

A : ere must be an increasing trend.

B : past trend must continue in the future.

C : past pattern of seasonal variations must continue in the future.

D : trapolation of the trend must be avoided.

E : ere must be a decreasing trend.

Answer: B,C

Question 2

A company's budget for the next period shows that it would breakeven at sales revenue of $800,000 and fixed costs of $320,000.

The sales revenue needed to achieve a profit of $200,000 in the next period would be:

A : $1,950,000

B : $1,780,000

C : $1,400,000

D : $1,300,000

E : $1,390,000

Answer: D

Question 3

D3 makes 2 types of toilets - the Executive (Ex) and the Classic (CI). Direct labour costs $6 per hr and overheads are absorbed on a machine hour basis. The overhead absorption rate for the period is $28 per machine hour. What is the traditional cost per unit for (Ex) and (CI)?

A : (Ex) 60, (CI) 56

B : (Ex) 58, (CI) 53

C : (Ex) 65, (CI) 49

D : (Ex) 62, (CI) 52

E : (Ex) 63, (CI) 48

Answer: C

Question 4

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

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

A : solution (from the graph0 is to produce 675 units of E and 470 units of R.

B : solution (from the graph0 is to produce 495 units of E and 670 units of R.

C : solution (from the graph0 is to produce 475 units of E and 770 units of R.

D : solution (from the graph0 is to produce 375 units of E and 750 units of R.

E : solution (from the graph0 is to produce 375 units of E and 870 units of R.

F : solution (from the graph0 is to produce 495 units of E and 470 units of R.

Answer: D

Question 5

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

What is the fixed production overhead capacity variance?

A : $9,000F

B : $6,000F

C : $3,000F

D : $6,000A

Answer: B

Page: 1 / 53

Total 261 Questions | Updated On: Sep 11, 2025

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