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CIMAPRO19-P01-1 Exam - Topic 4 Question 45 Discussion

Which of the following statements regarding marginal and absorption costing are true in the context of pricing decisions?Select ALL that apply.
B) Marginal costing is appropriate for short-term pricing decisions. and C) Absorption costing when used for pricing decisions includes the 'total-cost' of the product. and E) Marginal costing is more appropriate for use in one-off pricing decisions.
A) Marginal costing is appropriate for long-term pricing decisions.
D) Marginal costing ensures the recovery of all costs incurred in selling prices.
F) Absorption costing is more appropriate for use in one-off pricing decisions.

CIMAPRO19-P01-1 Exam - Topic 4 Question 45 Discussion

Actual exam question for CIMA's CIMAPRO19-P01-1 exam
Question #: 45
Topic #: 4
[All CIMAPRO19-P01-1 Questions]

Which of the following statements regarding marginal and absorption costing are true in the context of pricing decisions?

Select ALL that apply.

Show Suggested Answer Hide Answer
Suggested Answer: B, C, E

by Terrilyn at May 03, 2022, 04:27 PM

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Latonia
10 months ago
Marginal costing is great for one-off decisions, no doubt!
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Rosio
10 months ago
Wait, can marginal costing really recover all costs?
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Daron
11 months ago
Absorption costing includes total costs, that's true.
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Blair
11 months ago
I disagree, absorption costing has its place too.
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Deja
11 months ago
Marginal costing is definitely better for short-term pricing!
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Leanora
11 months ago
I'm pretty confident the answer is the CloudPagesURL AMPscript function. That's the tool we use in Marketing Cloud to securely pass data through a URL, and an email address would definitely qualify as sensitive data that needs to be transmitted safely.
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Lenna
11 months ago
I think the X-bar and R-chart limits need to be checked against those calculated averages and ranges we practiced last week.
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Darrin
11 months ago
I'm pretty confident I know the answer on this one. The exception is advanced inspection methods, since those would actually help improve data quality, not introduce errors.
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Ettie
11 months ago
I'm feeling pretty confident about this one. Option D using INSTR() to find 'A' in the last_name seems like a solid choice.
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Irma
11 months ago
I think consignment stock is owned by the supplier until it's used up, right? That sounds familiar from our textbook.
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Rueben
11 months ago
Okay, let me think this through step-by-step. I think I can solve this if I focus on the string manipulation.
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