Free CIMA CIMAPRO19-P02-1-ENG Practice Exam Questions and Answers 2026

A manufacturing company is in the process of introducing just in time (JIT) and total quality management (TQM) into every aspect of its value chain.Which TWO of the following are appropriate changes to make to the support activities in the organization's value chain?

A company is classifying its quality costs to prepare a quality cost report. Which of the following are conformance costs?Select ALL that apply.

A company has three divisions, each of which is an investment centre. The divisional managers' performance is assessed using return on investment (ROI). A higher ROI will result in a higher bonus for the divisional manager.The company's cost of capital is 15%.For the forthcoming year each divisional manager has one investment opportunity available as follows:The manager(s) of which division(s) will proceed with their respective investment opportunity?

Which TWO of the following actions taken during the budgetary planning process will result in the creation of budgetary slack?

A company has a 31 December year end and pays corporation tax at a rate of 30%. Corporation tax is payable 12 months after the end of the year to which the cash flows relate. The company can claim tax allowable depreciation at a rate of 25% reducing balance. It pays $1 million for a machine on 31 December 20X4. The company's cost of capital is 10%.What is the present value of the benefit of the first portion of tax allowable depreciation?