Winter Sale Limited Time 60% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: big60

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
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 Jan 25, 2026
That makes sense. What makes Cramkey Dumps different from other study materials?
Esmae
I highly recommend Cramkey Dumps to anyone preparing for the certification exam.
Mollie Jan 13, 2026
Absolutely. They really make it easier to study and retain all the important information. I'm so glad I found Cramkey Dumps.
Lois
I passed my exam with wonderful score. Their dumps are 100% valid and I felt confident during the exam.
Ernie Jan 7, 2026
Absolutely. The best part is, the answers in the dumps were correct. So, I felt confident and well-prepared for the exam.
Rosalie
I passed. I would like to tell all students that they should definitely give Cramkey Dumps a try.
Maja Jan 23, 2026
That sounds great. I'll definitely check them out. Thanks for the suggestion!
Page: 2 / 7

P2
PDF

$79.6  $199

P2 Testing Engine

$90  $225

P2 PDF + Testing Engine

$99.6  $249