CIMA CIMAPRO19-P02-1 問題集

質問 1：
A manufacturing company has recently introduced a Total Quality Management (TQM) system. The company has invested heavily in the education and training of its staff, in addition to implementing new product design engineering. There is a plan to sample units from each batch of products manufactured to test for errors, although this has not yet been implemented due to budget constraints.
The company is experiencing high levels of customer complaints, with many faulty units being returned by the customer for refund or replacement. Sales revenue has fallen recently, mainly due to negative press coverage linked to dissatisfied customers.
Select the statement MOST likely to apply.
A. The high level of internal failure costs is the result of a lack of expenditure on appraisal costs.
B. The high level of internal failure costs is the result of a lack of expenditure on prevention costs.
C. The high level of external failure costs is the result of a lack of expenditure on appraisal costs.
D. The high level of external failure costs is the result of a lack of expenditure on prevention costs.
正解：C

質問 2：
An organization's transfer pricing system involves:
* The transferring division receiving $20 per unit; an amount equal to its variable costs.
* The receiving division paying an additional $30,000 every month to the transferring division.
Which transfer pricing system is the organization using?
A. Two part tariff
B. Dual transfer prices
C. Variable cost plus opportunity cost
D. Cost-plus
正解：A

質問 3：
Company S has two divisions, X and Y. Division X transfers 50,000 component units to Division Y each quarter. The market price of the component is $20. Division X's variable cost is $10 per unit and its fixed cost is $150,000 each quarter.
What price would be credited to Division X for each component that it transfers to Division Y under:
two-part tariff pricing (where the two divisions have agreed that the fixed fee will be $100,000); and dual pricing (based on market price and marginal cost).
A. Two-part tariff pricing = $10
Dual pricing = $20
B. Two-part tariff pricing = $12
Dual pricing = $18
C. Two-part tariff pricing = $10
Dual pricing = $22
D. Two-part tariff pricing = $13
Dual pricing = $22
正解：A

質問 4：
A company comprises several divisions.
One of these divisions was originally expected to earn an operating profit next year of $800,000 on net assets of $4 million.
However, the divisional manager is considering investing in a project that would generate a project return on investment (ROI) of 38% on additional net assets of $500,000.
What would be the divisional ROI next year if the project was implemented?
Give your answer to the nearest percentage.
正解：
22 %

質問 5：
Which of the following is a valid objective of a transfer pricing system?
A. To develop a top-down culture
B. To establish centralised decision making
C. To maintain head office control
D. To achieve divisional autonomy
正解：D

質問 6：
Which of the following investment appraisal methods provides an absolute monetary value on which to base decisions?
A. Net present value
B. Profitability index
C. Internal rate of return
D. Accounting rate of return
正解：A