Discuss CIMA CIMAPRO19-P01-1 Exam Topic 4 Question 45

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

Select ALL that apply.

AMarginal costing is appropriate for long-term pricing decisions.

BMarginal costing is appropriate for short-term pricing decisions.

CAbsorption costing when used for pricing decisions includes the 'total-cost' of the product.

DMarginal costing ensures the recovery of all costs incurred in selling prices.

EMarginal costing is more appropriate for use in one-off pricing decisions.

FAbsorption costing is more appropriate for use in one-off pricing decisions.

Suggested Answer: B, C, E

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11 comments · newest first

Latonia 12 months ago

Marginal costing is great for one-off decisions, no doubt!

Rosio 1 year ago

Wait, can marginal costing really recover all costs?

Daron 1 year ago

Absorption costing includes total costs, that's true.

Blair 1 year ago

I disagree, absorption costing has its place too.

Deja 1 year ago

Marginal costing is definitely better for short-term pricing!

Leanora 1 year 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.

Lenna 1 year ago

I think the X-bar and R-chart limits need to be checked against those calculated averages and ranges we practiced last week.

Darrin 1 year 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.

Ettie 1 year 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.

Irma 1 year ago

I think consignment stock is owned by the supplier until it's used up, right? That sounds familiar from our textbook.

Rueben 1 year ago

Okay, let me think this through step-by-step. I think I can solve this if I focus on the string manipulation.

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