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Pass Your P2: Free CIMA Advanced Management Accounting Practice Questions

Prepare for your CIMA P2 Advanced Management Accounting Certification Exam with our comprehensive, free practice questions, designed to give you a solid foundation for success. Explore additional exam-like scenarios and advanced preparation tools through our premium desktop and Mac-based practice tests, all updated for the latest P2 objectives.

Vendor: CIMA
Product: P2
Update on: Aug 15, 2025
Questions: 184
Page: 3 / 3
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A firm of accountants uses an activity-based costing system.
Performance measures that monitor the extent to which a not-for-profit organization's objectives have been achieved...
The cash flows from a project are detailed in the table below.
How does beyond budgeting NOT help to resolve the weaknesses of traditional budgeting?
ZZZ is a divisionalised company that uses the balanced scorecard approach to monitor divisional performance.
You have just assessed an investment proposal, involving an immediate cash outflow followed by a...
A company makes three products, E, F and G.
An 80% learning curve will apply to the production of a new product.
Which THREE of the following are advantages of changing from a 'top-down' to a 'bottom-up'...
Which TWO of the following are reasons why cost-based approaches to transfer pricing are often...
The management of a leisure company, who are risk averse, have just approved an investment...
The following information is available for four investment projects:A discount rate of 12% is appropriate...
K Supermarket spends $80,000 per year on checking and processing receipts of inventory.
Place each of the activities described below against the correct classification of quality costs.
The following data are available for an investment centre for the latest period.
A project requires an initial investment of $160,000 in an asset for which the annual...
Which of the following statements is NOT correct?
The following forecast data relate to the first three years of a five year project.
In an inflationary environment which is the correct way of calculating net present value (NPV)?
A goal congruent transfer price will always: