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Vendor: CIMA
Exam Code: CIMAPRO17-BA2-X1-ENG
Exam Name: E3 - Strategic Management Question Tutorial
Certification: CIMA Certifications
Total Questions: 60 Q&A
Updated on: Dec 13, 2024
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Which of the following would NOT require taking into account the time value of money?
A. Deciding to make a long-term investment in a project on the basis of its payback period.
B. Selecting an investment project on the basis that it has a positive net present value (NPV).
C. Calculating the present value of a five-year annuity.
D. Taking a long-term investment decision on the basis of the project's internal rate of return (IRR).
The year-to-date results at the end of month 9 included sales revenue of $3,600,000 and variable costs of $2,100,000.
During month 10, sales revenue was $450,000 and variable costs were $270,000.
What year-to-date contribution to sales ratio (C/S ratio) would be reported at the end of month 10?
A. 58,5%
B. 70,9%
C. 41,5%
D. 40,0%
In order for the information in a management accounting report to be authoritative its contents must be:
A. trusted and from reliable sources.
B. complete and reported in a timely manner.
C. complete and relevant.
D. both financial and non-financial.
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