Week End Sale Limited Time 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: cram70off

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
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
Erik
Hey, I have passed my exam using Cramkey Dumps?
Freyja Dec 14, 2025
Really, what are they? All come in your pool? Please give me more details, I am going to have access their subscription. Please brother, give me more details.
Vienna
I highly recommend them. They are offering exact questions that we need to prepare our exam.
Jensen Dec 17, 2025
That's great. I think I'll give Cramkey a try next time I take a certification exam. Thanks for the recommendation!
Ace
No problem! I highly recommend Cramkey Dumps to anyone looking to pass their certification exams. They will help you feel confident and prepared on exam day. Good luck!
Harris Dec 28, 2025
That sounds amazing. I'll definitely check them out. Thanks for the recommendation!
Melody
My experience with Cramkey was great! I was surprised to see that many of the questions in my exam appeared in the Cramkey dumps.
Colby Dec 6, 2025
Yes, In fact, I got a score of above 85%. And I attribute a lot of my success to Cramkey's dumps.
Page: 2 / 7

P2
PDF

$59.7  $199

P2 Testing Engine

$67.5  $225

P2 PDF + Testing Engine

$74.7  $249