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CIMA Exam CIMAPRO19-P01-1 Topic 8 Question 64 Discussion

Actual exam question for CIMA's CIMAPRO19-P01-1 exam
Question #: 64
Topic #: 8
[All CIMAPRO19-P01-1 Questions]

GP is launching a new product. The annual forecast costs are as follows:

What is the expected value of the total costs?

Give your answer to the nearest whole $.

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Suggested Answer: D

by Bette at Jan 08, 2023, 02:46 PM

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Rachael
1 months ago
You know, I bet if we all just stared at this image long enough, the answer would just magically appear. That's how these things work, right? Anyone got a crystal ball we can consult?
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Kristofer
11 days ago
That sounds about right. Let's go with that.
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Patrick
18 days ago
I think the expected value is $36935. What do you think?
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Alica
19 days ago
I wish it was that easy! Let's just calculate it together.
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Veronika
2 months ago
Wait, what is this image? Is that a spreadsheet or something? I'm more of a pen and paper kind of guy, so this whole 'technology' thing is throwing me off. Where's my abacus when I need it?
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Leota
27 days ago
Don't worry, I can help you understand the numbers. Technology can be overwhelming sometimes.
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Amber
1 months ago
The expected value of the total costs is $36935.
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Micah
1 months ago
It's a table showing the annual forecast costs for the new product launch.
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Howard
2 months ago
Haha, this is a classic trick question! They're trying to get us to just look at the A) option and think it's the right answer, but we all know it's never that easy. Gotta show your work, folks!
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Avery
11 days ago
You're right, always gotta double check and make sure you're not falling for any tricks.
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Tasia
12 days ago
No way, you have to show your work! It's definitely a trick question.
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Delbert
1 months ago
I think the expected value of the total costs is $36935.
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Casandra
2 months ago
Hmm, I'm not so sure about that. I mean, the costs are listed for each quarter, but the question is asking about the total for the year. Wouldn't we need to add those up to get the right answer? This seems like a trap question to me.
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Carol
2 months ago
Okay, let's see... The annual forecast costs are given, and we need to find the expected value of the total costs. I think the answer is A) $36,935. Seems pretty straightforward to me.
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Maurine
1 months ago
Yes, it's definitely A) $36,935. The total costs are clear from the forecast.
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Devora
1 months ago
I agree, the answer is A) $36,935.
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Rolland
2 months ago
I'm not sure about the exact value, but I think it's close to $36935 based on the forecast costs.
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Nada
2 months ago
I agree with Elbert, the total costs seem to be around $36935.
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Elbert
3 months ago
I think the expected value of total costs is $36935.
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