Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

CIMAPRO19-P01-1 Exam - Topic 9 Question 61 Discussion

When preparing data for a short term decision, which THREE of the following are relevant costs?
A) Differential costs and B) Incremental cost and D) Opportunity costs
C) Unavoidable costs
E) Committed costs

CIMAPRO19-P01-1 Exam - Topic 9 Question 61 Discussion

Actual exam question for CIMA's CIMAPRO19-P01-1 exam
Question #: 61
Topic #: 9
[All CIMAPRO19-P01-1 Questions]

When preparing data for a short term decision, which THREE of the following are relevant costs?

Show Suggested Answer Hide Answer
Suggested Answer: A, B, D

by Audra at Nov 21, 2022, 02:16 PM

Limited Time Offer

25%

Off

Get Premium CIMAPRO19-P01-1 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

0/2000 characters
Submit Cancel
Colby
8 months ago
Opportunity costs are a must to consider!
upvoted 0 times
...
Cathern
9 months ago
Wait, are committed costs really considered? That seems off.
upvoted 0 times
...
Kelvin
9 months ago
Unavoidable costs? Not really relevant for short-term decisions.
upvoted 0 times
...
Rolf
9 months ago
I agree, incremental costs matter too.
upvoted 0 times
...
Sherman
9 months ago
Differential costs are definitely relevant!
upvoted 0 times
...
Mari
9 months ago
I feel like I should know this, but I’m torn between unavoidable costs and committed costs. I just remember they don’t really change with decisions.
upvoted 0 times
...
Tracey
9 months ago
I practiced a similar question last week, and I think differential and incremental costs are both relevant, but I can't recall if committed costs apply here.
upvoted 0 times
...
Danica
9 months ago
I think opportunity costs are definitely relevant, but I’m a bit confused about unavoidable costs. Aren't they usually considered sunk costs?
upvoted 0 times
...
Elvis
10 months ago
I remember that relevant costs are those that will change based on the decision made, but I'm not sure about the difference between differential and incremental costs.
upvoted 0 times
...
Luis
10 months ago
This is a lot to take in, but I feel confident I can come up with a solid approach. I'll need to carefully consider the scale and volume of data involved.
upvoted 0 times
...
Dyan
10 months ago
Hmm, I'm not totally sure about this one. The options seem a bit similar, so I'll have to think it through carefully. Maybe I should review the material on payment methods again before answering.
upvoted 0 times
...

Save Cancel