Free CIMA CIMAPRO19-P02-1 Exam Dumps and CIMAPRO19-P02-1 Exam Questions

Question No: 1

MultipleChoice

Which THREE of the following are advantages of changing from a 'top-down' to a 'bottom-up' (participative) style of budgeting?

Options

AThe budget will be based on information from employees who are familiar with the day to day activities.

BMotivation will improve due to a feeling of ownership of the budget.

CThere will be increased commitment to organizational objectives.

DBudget setters will be forced to justify every item on the budget.

EThere will be reduced likelihood of budgetary slack being built into the budgets for 'selfish' reasons.

FIt will be less time-consuming for operational managers.

Question No: 2

MultipleChoice

For a pharmaceutical manufacturer, in which perspective of the Balanced Scorecard should the performance measure 'number of patents granted during the year' be included?

Options

ACustomer

BInternal business processes

CInnovation and learning

DFinancial

Question No: 3

DragDrop

Which of the following criticisms relate to traditional budgeting methods and which relate to the 'beyond budgeting' approach?

Free CIMAPRO19-P02-1 Exam Dumps