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Advanced Management Accounting

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What our customers are saying


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20-Sep-2025
Theo -
I would like to take the time to officially thank the entire team, because today I have passed my P2 exam. Just do remember that you can find few new questions that might not be in these dumps. So study hard and practice as many different test questions as possible. Good luck!
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18-Sep-2025
Hunter - United Kingdom cramkey
Thanks to the PDF study guide, I understood P2 exam topics in no time.
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20-Sep-2025
Theodore -
Passed my P2 last week. All questions are very relevant. I came across 4-6 questions that I didn’t find in the dump or maybe I had overlooked.
D
16-Sep-2025
Daisy -
Just passed my P2, these dumps are very helpful and I found many of them in the exam however try to expose yourself to as much practice dumps as possible because you may see new questions in the actual exam as well.
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31-Aug-2025
Hannah -
I am thrilled to announce that I have successfully passed my certification exam with a wonderful score. The key to my success was the use of dumps, practice tests, and a comprehensive study guide.
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23-Sep-2025
Cole - Algeria cramkey
The PDF study guide laid everything out logically regarding P2 exam, which saved me a ton of study time.
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17-Sep-2025
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Their P2 exam study material gave me a clear roadmap for mastering each domain
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23-Sep-2025
Leonardo -
I found the practice tests on carmkey.com to be incredibly beneficial. They helped me identify areas where I needed to focus my studying and also helped me become more familiar with the format of the CIMA P2 actual exam. The detailed questions and answers in the practice tests helped me to better understand the material.
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13-Sep-2025
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Taking practice tests regularly helped me get used to the P2 exam's pace and style.

Advanced Management Accounting Questions and Answers

Questions 1

IOP's product is manufactured using a production process that is known to have a defect rate of 10%.

IOP's quality control department has developed a test that has a 98% probability of classifying a non-defective item correctly and a 2% probability of classifying a non-defective item as defective.

The same test has a 95% probability of classifying a defective item correctly and a 5% probability of classifying a defective item as non-defective.

Calculate the proportion of IOP's output that will be classified as non-defective by the quality control department's test.

Give your answer to one decimal place.

Options: