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CIMAPRO17-BA2-X1-ENG PDF DEMO:
QUESTION NO: 1 Which THREE of the following are parts of the master budget? (Choose three.) A. Cash flow budget. B. Sales budget. C. Administration overhead budget. D. Budgeted statement of profit or loss. E. Finished goods inventory budget. F. Budgeted statement of financial position. Answer: A,D,F Explanation/Reference: https://www.acowtancy.com/textbook/acca-ma/d2-budget- preparation/master-budgets/notes
QUESTION NO: 2 The following data are available for a company that produces and sells a single product. The company's opening finished goods inventory was 2,500 units. The fixed overhead absorption rate is $8.00 per unit. The profit calculated using marginal costing is $16,000. The profit calculated using absorption costing and valuing its inventory at standard cost is $22,400. The company's closing finished goods inventory is: A. 1,700 units B. 3,300 units C. 3,900 units D. 8,900 units Answer: B
QUESTION NO: 3 Which of the following is NOT a valid purpose of budgeting? A. To coordinate the different activities of an organisation. B. To communicate targets to managers. C. To authorise managers to incur expenditure. D. To comply with financial reporting requirements. Answer: C Explanation/Reference: https://www.acowtancy.com/textbook/acca-pm/budgetary- systems/budgetary-systems/notes
QUESTION NO: 4 An organisation produces and sells a single product. The organisation's management accountant has reported the following information for the most recent period. Which TWO of the following statements are valid? (Choose two.) A. If the fixed cost changed to $445,000, the breakeven point would not change. B. If the variable cost changed to $16 per unit, the breakeven point would become lower. C. If the selling price changed to $22 per unit, the breakeven point would become lower. D. If the contribution to sales ratio changed to 30%, the breakeven point would become higher. E. If the sales volume changed to 220,000 units, the breakeven point would not change. Answer: D,E
QUESTION NO: 5 FILL BLANK A company has three production departments X, Y and Z, and one service department. The service department's overhead has been apportioned to the production departments in the ratio 3:2:5. As a result of this apportionment, $2,070 was given to Department Y. What is the amount of service department overhead that would have been apportioned to Department Z? Give your answer to the nearest dollar. Answer: $5,175
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Updated: May 27, 2022
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CIMAPRO17-BA2-X1-ENG PDF DEMO:
QUESTION NO: 1 Which THREE of the following are parts of the master budget? (Choose three.) A. Cash flow budget. B. Sales budget. C. Administration overhead budget. D. Budgeted statement of profit or loss. E. Finished goods inventory budget. F. Budgeted statement of financial position. Answer: A,D,F Explanation/Reference: https://www.acowtancy.com/textbook/acca-ma/d2-budget- preparation/master-budgets/notes
QUESTION NO: 2 The following data are available for a company that produces and sells a single product. The company's opening finished goods inventory was 2,500 units. The fixed overhead absorption rate is $8.00 per unit. The profit calculated using marginal costing is $16,000. The profit calculated using absorption costing and valuing its inventory at standard cost is $22,400. The company's closing finished goods inventory is: A. 1,700 units B. 3,300 units C. 3,900 units D. 8,900 units Answer: B
QUESTION NO: 3 Which of the following is NOT a valid purpose of budgeting? A. To coordinate the different activities of an organisation. B. To communicate targets to managers. C. To authorise managers to incur expenditure. D. To comply with financial reporting requirements. Answer: C Explanation/Reference: https://www.acowtancy.com/textbook/acca-pm/budgetary- systems/budgetary-systems/notes
QUESTION NO: 4 An organisation produces and sells a single product. The organisation's management accountant has reported the following information for the most recent period. Which TWO of the following statements are valid? (Choose two.) A. If the fixed cost changed to $445,000, the breakeven point would not change. B. If the variable cost changed to $16 per unit, the breakeven point would become lower. C. If the selling price changed to $22 per unit, the breakeven point would become lower. D. If the contribution to sales ratio changed to 30%, the breakeven point would become higher. E. If the sales volume changed to 220,000 units, the breakeven point would not change. Answer: D,E
QUESTION NO: 5 FILL BLANK A company has three production departments X, Y and Z, and one service department. The service department's overhead has been apportioned to the production departments in the ratio 3:2:5. As a result of this apportionment, $2,070 was given to Department Y. What is the amount of service department overhead that would have been apportioned to Department Z? Give your answer to the nearest dollar. Answer: $5,175
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CIMA CIMAPRO17-BA2-X1-ENG Tools authentication certificate is the dream IT certificate of many people. CIMA certification CIMAPRO17-BA2-X1-ENG Tools exam is a examination to test the examinees' IT professional knowledge and experience, which need to master abundant IT knowledge and experience to pass. In order to grasp so much knowledge, generally, it need to spend a lot of time and energy to review many books. Goldmile-Infobiz is a website which can help you save time and energy to rapidly and efficiently master the CIMA certification CIMAPRO17-BA2-X1-ENG Tools exam related knowledge. If you are interested in Goldmile-Infobiz, you can first free download part of Goldmile-Infobiz's CIMA certification CIMAPRO17-BA2-X1-ENG Tools exam exercises and answers on the Internet as a try.
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CIMAPRO17-BA2-X1-ENG PDF DEMO:
QUESTION NO: 1 Which THREE of the following are parts of the master budget? (Choose three.) A. Cash flow budget. B. Sales budget. C. Administration overhead budget. D. Budgeted statement of profit or loss. E. Finished goods inventory budget. F. Budgeted statement of financial position. Answer: A,D,F Explanation/Reference: https://www.acowtancy.com/textbook/acca-ma/d2-budget- preparation/master-budgets/notes
QUESTION NO: 2 The following data are available for a company that produces and sells a single product. The company's opening finished goods inventory was 2,500 units. The fixed overhead absorption rate is $8.00 per unit. The profit calculated using marginal costing is $16,000. The profit calculated using absorption costing and valuing its inventory at standard cost is $22,400. The company's closing finished goods inventory is: A. 1,700 units B. 3,300 units C. 3,900 units D. 8,900 units Answer: B
QUESTION NO: 3 Which of the following is NOT a valid purpose of budgeting? A. To coordinate the different activities of an organisation. B. To communicate targets to managers. C. To authorise managers to incur expenditure. D. To comply with financial reporting requirements. Answer: C Explanation/Reference: https://www.acowtancy.com/textbook/acca-pm/budgetary- systems/budgetary-systems/notes
QUESTION NO: 4 An organisation produces and sells a single product. The organisation's management accountant has reported the following information for the most recent period. Which TWO of the following statements are valid? (Choose two.) A. If the fixed cost changed to $445,000, the breakeven point would not change. B. If the variable cost changed to $16 per unit, the breakeven point would become lower. C. If the selling price changed to $22 per unit, the breakeven point would become lower. D. If the contribution to sales ratio changed to 30%, the breakeven point would become higher. E. If the sales volume changed to 220,000 units, the breakeven point would not change. Answer: D,E
QUESTION NO: 5 FILL BLANK A company has three production departments X, Y and Z, and one service department. The service department's overhead has been apportioned to the production departments in the ratio 3:2:5. As a result of this apportionment, $2,070 was given to Department Y. What is the amount of service department overhead that would have been apportioned to Department Z? Give your answer to the nearest dollar. Answer: $5,175
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