CIMAPRA17-BA2-1-ENG 시험 - CIMA실제시험문제와 답 - 392문항

Question No : 1

The master budget is:

A.A consolidation of all subsidiary budgets
B.The income statement
C.The cash budget
D.The budget for the principal budget factor

정답:

Question No : 2

Refer to the exhibit.

Data for October's budget for product Quest for the month of October are given below:
Each unit of Quest requires 6kg of raw materials. Strict quality control procedures are applied to the manufacturing process and normal rejection levels are 5% of finished units.
The raw materials purchases budget for the month of October is:

A.2,134,737 kg
B.2,136,000 kg
C.2,129,400 kg
D.2,130,600 kg

정답:

Question No : 3

Which THREE of the following are characteristics of job costing?

A.It is appropriate where homogeneous products are manufactured
B.It is only appropriate in manufacturing environments
C.Costs are traced to separately identifiable cost units
D.It cannot be applied in a public sector or not for profit organization
E.A separate work in progress account is maintained for each cost unit
F.It is a specific order costing system

정답:

Question No : 4

CORRECT TEXT
A company currently allows a discount of 10% to customers who pay at the time of purchase. If 20% of customers pay immediately, the extra sales needed in July to increase the cash receipts in that month by £9,000 are:

정답: £50001

Question No : 5

Refer to the exhibit.

DS is manufacturing company that uses an integrated accounting system.
The following payroll data is available for the month of August:
The Employers' National Insurance for the period was $13,790.
An analysis of the wages is as follows:
Which of the following factors affect the budgeted cash flow:
(a) Funds from the issue of share capital
(b) Bank Interest on a long term loan
(c) Depreciation on fixed assets
(d) Bad debt write off

A.Factors (a), (b), (c) and (d)
B.Factors (a) and (b) only
C.Factor (a) only
D.Factors (b), (c) and (d) only

정답:

Question No : 6

Which of the following best describes a step cost?

A.A cost which remains constant until activity reaches a critical level; thereafter the cost increases to a higher level and the unit cost remains constant until the next critical activity level is reached.
B.A cost which increases steadily until activity reaches a critical level; thereafter the cost increases to a higher level and the total cost remains constant until the next critical activity level is reached.
C.A cost which remains constant until activity reaches a critical level; thereafter the cost increases to a higher level and the total cost remains constant until the next critical activity level is reached.
D.A cost which increases per unit until activity reaches a critical level; thereafter the cost increases to a higher level and the unit cost remains constant until the next critical activity level is reached.

정답:

Question No : 7

CORRECT TEXT
C Ltd produces a chemical in a single process. Information for this process last month is as follows:
(a) Opening work in progress - 10000 kg valued at £10000 for direct material and £7500 for conversion costs.
(b) Materials input - 25000 kg at £1.10 per kg.
(c) Conversion costs - £17000
(d) Output during the month - 23000 kg.
(e) There were 7500 units of closing work in progress which was complete as to materials and 30% complete as to conversion.
(f) Normal loss for the month was 10% of input and all losses have a scrap value of 80p per kg.
What was the value of normal loss during the month?

정답: £1999

Question No : 8

In order to provide information that is suitable for control purposes, the budget must be:

A.Computer generated
B.Fixed
C.Flexed
D.Ideal

정답:

Question No : 9

CORRECT TEXT
Refer to the exhibit.

Patchit Limited operates a job costing system. They have been asked to quote for a rush job that will require to be done in overtime hours.
It is estimated that the job will incur the following costs:
Production overheads are absorbed on a direct labour hour basis. Budgeted direct labour hours for the year were 50,000 and budgeted direct labour cost was $300,000.
If production overheads had been based on a percentage of direct labour cost, the revised production costs for the job would be:

정답: $8

Question No : 10

Within the relevant range, a variable cost is a cost which:

A.cannot be forecast with any degree of accuracy because of its variability.
B.varies in total in proportion to the level of activity.
C.varies per unit in proportion to the level of activity.
D.varies in total in proportion to the level of inflation.

정답:

Question No : 11

The following costs are incurred by a company which owns a five star hotel.
Which THREE of the items would normally be classified as variable costs?

A.Advertising
B.Food
C.Depreciation on gym equipment
D.Restaurant Manager's salary
E.Beverages
F.Outside laundry service

정답:

Question No : 12

Each finished carton of product P contains 15 litres of liquid L. During the production process there is an unavoidable loss of 20% of the liquid input. The standard price of liquid L is $2 per litre.
The standard ingredient cost for liquid L shown on the standard cost card for one carton of product P will be

A.$18.75
B.$30.00
C.$36.00
D.$37.50

정답:

Question No : 13

CORRECT TEXT
Refer to the Exhibit.

The following details have been extracted from the receivables collection records of SBC:
The amount budgeted to be received in September from credit sales is, to the nearest £000:

정답: £257000

Question No : 14

CORRECT TEXT
A company operates a full cost system of pricing. Production overheads are absorbed using a pre-determined absorption rate of £3.50 per machine hour. The direct production cost of product A is £15 per unit and it utilises 6 machine hours per unit. The mark-up for non-production costs is 10% of total production cost. The company applies a 25% mark-up on total cost for all products.
The required selling price for Product A, to two decimal places, is:

정답: £49.52

Question No : 15

Refer to the Exhibit.

Zepher Ltd. manufactures three products, which require the same type of machine. The following fixed cost and profit per unit is available:

In a period in which machine hours are in short supply, which of the following options is the rank order of production?
Answer is:

A.Option A
B.Option B
C.Option C
D.Option D

정답:

CIMA CIMAPRA17-BA2-1-ENG 시험