Free CIMA CIMAPRO19-P02-1-ENG Exam Questions

Become CIMA Certified with updated CIMAPRO19-P02-1-ENG exam questions and correct answers

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Total 205 Questions | Updated On: Dec 18, 2025

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Question 1

Which TWO of the following actions taken during the budgetary planning process will result in the creation of budgetary slack?

A : erestimating costs

B : Underestimating costs

C : derestimating revenues

D : erestimating revenues

E : erestimating profit

Answer: A,C

Question 2

One of an investment centre's products is sold on an external market. Output is limited because the specialist machine that manufactures the product is operating at full capacity.

Current data for the product are as follows.

A : $21,400

B : $17,800

C : $23,900

D : $26,160

Answer: A

Question 3

The following summarised financial statements have been prepared by JNM's North subsidiary for the year just ended:

Calculate the North subsidiary's Residual Income, assuming that JNM's cost of capital is 10%.
Give your answer to the nearest $ million.

A :

Answer: A

Question 4

Firefighters risk serious and potentially fatal accidents whenever they attend an incident.
Which of the following statements is correct?

A : risk of serious accidents should be accepted in all but the most extreme incidents.

B : risk of serious accidents should always be accepted because that is what firefighters are paid to do.

C : risk of serious accidents should be avoided because the risk has a high probability and a high impact.

D : ery incident should be the subject of a detailed and thorough risk assessment before the firefighters are permitted to respond.

Answer: A

Question 5

A company is classifying its quality costs to prepare a quality cost report. Which of the following are conformance costs?
Select ALL that apply.

A : ternal Failure Costs

B : evention Costs

C : praisal Costs

Answer: B,C

Page: 1 / 41

Total 205 Questions | Updated On: Dec 18, 2025

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