New Year Special 75% Discount offer - Ends in 0d 00h 00m 00s - Coupon code: 75brite

CIMA Updated P2 Exam Questions and Answers by fallon

Page: 2 / 7

CIMA P2 Exam Overview :

Exam Name: Advanced Management Accounting
Exam Code: P2 Dumps
Vendor: CIMA Certification: CIMA Management
Questions: 202 Q&A's Shared By: fallon
Question 8

LL produces an item, the Z, for which the demand curve is estimated to be:

P = 10 - 0.0001Q

where, P is the unit price in $ and Q is the annual sales volume in units;

Marginal revenue (MR) = 10 - 0.0002Q

The variable cost of producing the Z is $2 per unit. The annual fixed costs of production are $110,000.

What is the profit maximizing output level?

Options:

A.

50,000 units

B.

45,000 units

C.

40,000 units

D.

35,000 units

Discussion
Hendrix
Great website with Great Exam Dumps. Just passed my exam today.
Luka Dec 17, 2025
Absolutely. Cramkey Dumps only provides the latest and most updated exam questions and answers.
Yusra
I passed my exam. Cramkey Dumps provides detailed explanations for each question and answer, so you can understand the concepts better.
Alisha Dec 2, 2025
I recently used their dumps for the certification exam I took and I have to say, I was really impressed.
River
Hey, I used Cramkey Dumps to prepare for my recent exam and I passed it.
Lewis Dec 22, 2025
Yeah, I used these dumps too. And I have to say, I was really impressed with the results.
Nia
Why are these Dumps so important for students these days?
Mary Dec 19, 2025
With the constantly changing technology and advancements in the industry, it's important for students to have access to accurate and valid study material. Cramkey Dumps provide just that. They are constantly updated to reflect the latest changes and ensure that the information is up-to-date.
Question 9

A risk averse decision maker will:

Options:

A.

accept a risk if it is accompanied by a satisfactory potential return.

B.

avoid all risks.

C.

accept a risk if the expected value of the potential outcomes is positive.

D.

always select the course of action that has the lowest risk.

Discussion
Question 10

Which of the following are TRUE about the theory of constraints? Select ALL that apply.

Options:

A.

Each resource should be put to its most profitable use

B.

Relieve all the constraints in a system simultaneously to ensure optimality

C.

Ensure that each constraint is being used efficiently

D.

Relieve constraints until the cost of relieving the last constraint exceeds the benefit

Discussion
Question 11

A cost centre manager's performance is monitored based on a comparison of actual and budgeted cost. A summary performance report for the latest period is shown below.

Questions 11

The actual costs include:

*$28,000 for allocated head office costs.

*$18,000 payment for a rental agreement entered into by the cost centre manager two years ago.

*$34,000 for depreciation.

What is the cost centre manager's controllable actual cost for the period?

Give your answer to the nearest $000.

Options:

Discussion
Page: 2 / 7

P2
PDF

$49.75  $199

P2 Testing Engine

$56.25  $225

P2 PDF + Testing Engine

$62.25  $249