Cima P3 Braindumps

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Cima P3 Risk Management
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What is CIMA?
CIMA is the most relevant accounting
qualification for business. Becoming a Chartered
Management Accountant can accelerate your career
and boost your salary. It is a proven path to
business success.
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CIMA Certificate In Business Accounting
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P3 financial operations
The P3 exam focuses on how to prepare full
financial statements for a single company and
the principal consolidated financial statements
for a simple group
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Now days passing CIMA certification exams are not
easy and simple. Before you attempt to get the
exams, you need to understand its all levels of
assurance. If you would like to pass CIMA
certifications and you are as well seeking for
most excellent and simple to understand stuff so,
now it is very simple for you to obtain it. This
website is offering you here most up-to-date
questions answers of CIMA certification exams,
correct according to the updated exam.
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How Cima Benefits Your Business

• Analysis - Understanding the history behind
  numbers and use it to make business
• decisions
• Strategy Using the insight from analysis to
  help formulate business strategy to create
• wealth and shareholder value.
• Risk - The application of analytical skills to
  observe business processes end end a pair
• identify and manage risks.
• Planning using accounting techniques to plan
  and budget.
• Communication knowing what information
  management needs and explaining
• the numbers to non-financial managers.

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Here are some questions of Cima P3 that you get
same in your exam.
Here are some questions please stay with us
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umps.html
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Question No 1 Which TWO of the following are
examples of management information made possible
by the availability of big data? Customer
profitability analysis to identify key strategic
customers Customer information harvested from
social media to target products Production cycle
time analysis to improve production
efficiency Real-time inventory management
information shared with producers to influence
their production plans A five-year history of a
company's aged debtor list to assess the long-run
effectiveness of credit control Answer B, D
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Question No 2 Company D is about to launch an
innovative and unique product which may face
direct competition within three years. The
company needs to achieve a rapid payback on all
investments because it has limited access to
external finance. Which is the most appropriate
pricing strategy for company D's new product, and
for what reason? Market skimming because it
exploits areas of the market which are sensitive
to price. Penetration pricing because it can be
used to rapidly build sales volume in mature
markets. Market skimming because it enables high
prices to be charged to buyers who want the
product as soon as possible. Penetration pricing
because it can be used to rapidly build sales
volume in high growth markets. Answer C
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umps.html
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Question No 3 Performance measures that monitor
the extent to which a not-for-profit
organization's objectives have been achieved are
measures of Economy Efficiency Effectiveness Ente
rprise   Answer C
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Question No 4 An organization employs a dual
pricing basis for the transfer of components
between its divisions. This means that Each
division has a separate transfer price for a
single transaction. The transfer price is based
on marginal cost with a separate charge to allow
for fixed costs. The transfer price is based on
the cost of the product plus a mark-up for
profit. The transfer price is based on the market
price less a discount. Answer A
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Question No 5 For a complex and repetitive task,
which of the following correctly describes a
steep learning curve? Repeated training may be
required but this will not necessarily result in
a reduction in the time taken to complete the
task. After the initial learning period there
will be a rapid reduction in the time taken to
complete the task. There will be a long period
before there is a reduction in the time taken to
complete the task. After the initial learning
period there will be a slow reduction in the time
taken to complete the task. Answer B
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• Question No 6
• 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.
• The high level of external failure costs is the
  result of a lack of expenditure on prevention
  costs.
• The high level of internal failure costs is the
  result of a lack of expenditure on appraisal
  costs.
• The high level of external failure costs is the
  result of a lack of expenditure on appraisal
  costs.
• The high level of internal failure costs is the
  result of a lack of expenditure on prevention
  costs.
• Answer C

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Question No 7 A company is considering four
mutually exclusive projects. There are three
possible future demand conditions but the company
has no idea of the probability of each of these
demand conditions occurring. The forecast net
present values (NPVs) of each of the four
projects, under each of the three possible future
demand conditions, are as follows. Which
investment would be selected using the maximin
criterion?

• Investment A
• Investment B
• Investment C
• Investment D
• Answer C

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