CIMAPRA17-BA2-1 Exam - Topic 1 Question 5 Discussion

Actual exam question for CIMA's CIMAPRA17-BA2-1 exam

Question #: 5
Topic #: 1

[All CIMAPRA17-BA2-1 Questions]

Prime cost is:

ATotal product cost minus overheads

BThe material cost of the product

CThe cost of operating a cost centre

DAll costs incurred in making a product

Show Suggested Answer

Suggested Answer: A

by Stephaine at May 08, 2022, 12:51 PM

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Laticia

4 months ago

Yeah, it's just the costs directly tied to production!

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Gerald

4 months ago

Wait, is it really just the material cost? Sounds too simple.

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Leonida

4 months ago

Definitely not option D, that's too broad!

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Destiny

4 months ago

I thought it included overheads too?

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Hubert

5 months ago

Prime cost is basically direct materials and labor, right?

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Krissy

5 months ago

I've got this! The two fields used for CI matching are Message Key and Source. I'm confident in that answer.

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Daryl

5 months ago

Hmm, this is a tricky one. I'm not totally sure about the difference between parameters and statistics. I'll have to think it through carefully.

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