New Year Sale Limited Time 65% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: get65

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
Lennox
Something Special that they provide a comprehensive overview of the exam content. They cover all the important topics and concepts, so you can be confident that you are well-prepared for the test.
Aiza Nov 3, 2025
That makes sense. What makes Cramkey Dumps different from other study materials?
Anya
I must say they're considered the best dumps available and the questions are very similar to what you'll see in the actual exam. Recommended!!!
Cassius Nov 4, 2025
Yes, they offer a 100% success guarantee. And many students who have used them have reported passing their exams with flying colors.
Hendrix
Great website with Great Exam Dumps. Just passed my exam today.
Luka Nov 19, 2025
Absolutely. Cramkey Dumps only provides the latest and most updated exam questions and answers.
Rosalie
I passed. I would like to tell all students that they should definitely give Cramkey Dumps a try.
Maja Nov 24, 2025
That sounds great. I'll definitely check them out. Thanks for the suggestion!
Sam
Can I get help from these dumps and their support team for preparing my exam?
Audrey Nov 25, 2025
Definitely, you won't regret it. They've helped so many people pass their exams and I'm sure they'll help you too. Good luck with your studies!
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

$69.65  $199

P2 Testing Engine

$78.75  $225

P2 PDF + Testing Engine

$87.15  $249