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CIMAPRO19-P01-1 Exam - Topic 4 Question 62 Discussion

Posted by Casie on Dec 06, 2022 at 04:17 PM

The budgetary control report of XYZ for the latest period is shown below. Variances in brackets are adverse.

What is the sales volume profit variance?

Suggested Answer: A

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13 comments · newest first
LA
Lashaunda 12 months ago
I’m not sure about that adverse variance, feels a bit high.
NI
Nichelle 12 months ago
I thought it was $18,700 favorable at first!
CH
Charisse 1 year ago
Wait, how did we get to that figure? Seems off.
DA
Daryl 1 year ago
Totally agree, that number makes sense!
TA
Tammy 1 year ago
The sales volume profit variance is $37,200 adverse.
CH
Chauncey 1 year ago
I’m leaning towards option A being favorable, but I have a nagging feeling that I might be mixing up the terms.
AN
Andrew 1 year ago
This question feels similar to one we did in our last mock exam. I think I chose an adverse variance then too, but I can't remember if it was $38,200 or $37,200.
VI
Victor 1 year ago
I think the sales volume profit variance is related to the difference between actual and budgeted sales, but I can't recall the exact numbers we used in class.
KA
Katheryn 1 year ago
I remember we practiced calculating sales volume profit variance, but I'm not sure if I got the formula right.
PH
Phillip 1 year ago
Okay, I've got this. The key reasons to buy out would be things like accommodating changes in volume, maximizing resource utilization, and protecting confidential information. I'm pretty confident I can nail this question.
SH
Shawnna 1 year ago
Wait, I'm a little confused. Is it just one of those events that needs to be reported, or all of them? I want to make sure I understand the requirement correctly before selecting an answer. Maybe I should re-read the question and options more closely.
LA
Lavera 1 year ago
I'm a little confused by this question. There are a lot of options, and I'm not sure which two would specifically be part of a media plan. I'll have to review my notes and try to eliminate the irrelevant choices.
MA
Marta 1 year ago
This looks like a straightforward question about the beadm utility. I'll need to review my notes on its capabilities to determine the correct answer.
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