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
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
Freddy
I passed my exam with flying colors and I'm confident who will try it surely ace the exam.
Aleksander Dec 6, 2025
Thanks for the recommendation! I'll check it out.
Kingsley
Do anyone guide my how these dumps would be helpful for new students like me?
Haris Dec 11, 2025
Absolutely! They are highly recommended for anyone looking to pass their certification exam. The dumps are easy to understand and follow, making it easier for you to study and retain the information.
Rae
I tried using Cramkey dumps for my recent certification exam and I found them to be more accurate and up-to-date compared to other dumps I've seen. Passed the exam with wonderful score.
Rayyan Dec 16, 2025
I see your point. Thanks for sharing your thoughts. I might give it a try for my next certification exam.
Peyton
Hey guys. Guess what? I passed my exam. Thanks a lot Cramkey, your provided information was relevant and reliable.
Coby Dec 1, 2025
Thanks for sharing your experience. I think I'll give Cramkey a try for my next exam.
Honey
I highly recommend it. They made a big difference for me and I'm sure they'll help you too. Just make sure to use them wisely and not solely rely on them. They should be used as a supplement to your regular studies.
Antoni Dec 10, 2025
Good point. Thanks for the advice. I'll definitely keep that in mind.
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