CIMA CIMAPRO19-P02-1 問題集

質問 1：
When making an investment decision, which THREE of the following are reasons why receiving $1 today is preferable to receiving $1 in the future?
A. Inflation
B. Re-investment opportunities
C. Taxation
D. Depreciation
E. Uncertainty
正解：A,B,E

質問 2：
A company has a cost of capital of 12% and a maximum of $20 million to invest. It has identified three possible investment projects, none of which is divisible, as follows.

Which project(s) should the company invest in?
A. Project 3 only
B. Projects 1 and 3 only
C. Project 1 only
D. Project 2 only
正解：B

質問 3：
Which of the following statements are correct with regard to responsibility centres?
Select ALL that apply.
A. Revenue centre managers and profit centre managers are accountable for controllable costs only.
B. Investment centre managers have a higher level of managerial authority than profit centre managers.
C. Profit centre managers and investment centre managers are responsible for the majority of operating costs incurred.
D. Managers of profit centres have authority over the level of investment in working capital but managers of cost centres do not.
E. Revenue centre managers have a lower level of decision-making authority than profit centre managers.
正解：B,C,E

質問 4：
An investment centre is appraising a potential project that is expected to yield a Return on Investment (ROI) of 12%.
Without the project the investment centre expects to earn an ROI of 14%. The cost of capital is 10%.
What would be the impact on the investment centre's performance measures if the project is accepted?
A. Residual Income would increase and ROI would decrease.
B. Residual Income would decrease and ROI would decrease.
C. Residual Income would decrease and ROI would increase.
D. Residual Income would increase and ROI would increase.
正解：A

質問 5：
A company uses activity based costing. The total production overheads of $16,050 for the next period are for set up costs of $6,450 and quality inspection costs of $9,600. The company produces two products, Product F and Product G. Details relating to the next period are as follows:

A new customer has offered to purchase Product F for $28.00 per unit. The only costs incurred would be those shown above.
What is the profit per unit of Product F that would be gained by accepting the offer? Give your answer to two decimal places.
正解：
$3.90

質問 6：
An organization uses a balanced scorecard approach to performance measurement, both at the corporate level and to assess the performance of each of its responsibility centre managers.
Which THREE of the following statements are valid in respect of the effect of this approach on the behavior of the responsibility centre managers?
A. It provides them with a range of performance measures to discourage a tendency to focus on only one measure.
B. It encourages them to identify, and deal with, problems at an earlier stage.
C. It provides them with clear guidance as to how customer satisfaction problems should be solved.
D. It encourages them to make decisions that are in line with corporate objectives.
E. It encourages them to focus mainly on short-term financial measures.
正解：A,B,D