Summer Special 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
Mariam
Do anyone think Cramkey questions can help improve exam scores?
Katie Jul 6, 2025
Absolutely! Many people have reported improved scores after using Cramkey Dumps, and there are also success stories of people passing exams on the first try. I already passed this exam. I confirmed above questions were in exam.
Kylo
What makes Cramkey Dumps so reliable? Please guide.
Sami Jul 24, 2025
Well, for starters, they have a team of experts who are constantly updating their material to reflect the latest changes in the industry. Plus, they have a huge database of questions and answers, which makes it easy to study and prepare for the exam.
Stefan
Thank you so much Cramkey I passed my exam today due to your highly up to date dumps.
Ocean Jul 22, 2025
Agree….Cramkey Dumps are constantly updated based on changes in the exams. They also have a team of experts who regularly review the materials to ensure their accuracy and relevance. This way, you can be sure you're studying the most up-to-date information available.
Peyton
Hey guys. Guess what? I passed my exam. Thanks a lot Cramkey, your provided information was relevant and reliable.
Coby Jul 13, 2025
Thanks for sharing your experience. I think I'll give Cramkey a try for my next exam.
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
Page: 2 / 7

P2
PDF

$79.6  $199

P2 Testing Engine

$90  $225

P2 PDF + Testing Engine

$99.6  $249