CIMA Exam CIMAPRA17-BA2-1 Topic 1 Question 75 Discussion

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

Question #: 75
Topic #: 1

[All CIMAPRA17-BA2-1 Questions]

Which of the following industries would not use process costing?

ABrewing

BHouse-building

CChemical

DFood processing

Show Suggested Answer

Suggested Answer: B, C, E

https://www.cgma.org/resources/reports/globalmanagementaccountingprinciples/about-the-principles.html#?tab-1=3

by Genevieve at Jul 09, 2024, 09:23 AM

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Tandra

30 days ago

I'm going to have to go with B) House-building. It just seems like the most logical choice, unless they're building custom homes for each customer. And even then, process costing might still be the way to go.

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Ronald

10 days ago

A) Brewing would not use process costing.

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Margot

1 months ago

I'm leaning towards B) House-building. I mean, can you imagine trying to do job costing for each and every house? That would be like trying to count the number of grains of sand on a beach.

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Terina

1 months ago

Brewing? Process costing? That's a no-brainer. They've got to be tracking the costs of each batch of beer. I'd be surprised if they didn't use process costing.

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Lezlie

16 hours ago

B) House-building

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Hoa

2 days ago

A) Brewing

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Lashaun

1 months ago

I'm going with B) House-building. I mean, how else would they keep track of all the materials and labor that go into each home? Process costing seems like the way to go.

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