CIMA Exam CIMAPRO19-P02-1 Topic 1 Question 64 Discussion

Actual exam question for CIMA's CIMAPRO19-P02-1 exam

Question #: 64
Topic #: 1

During a Board meeting at a manufacturing company, concerns regarding the analysing of the current inventory management systems and processes are brought up.

Attendees of the meeting have made several claims and suggestions but the managing director admits that he does not know who to believe and so has asked you to let him know which statements of the following statements are TRUE?

Select ALL that apply.

AStandard Costing is ideal for organisations running a JIT inventory system

BA JIT system is likely to result in economies of scale

CABC is ideal for organisations running a JIT inventory system

DStandard costing is ideal for organisations in a TQM environment

EA JIT inventory system reduces inventory costs

Show Suggested Answer

Suggested Answer: C, D

by Joseph at Jan 09, 2023, 03:12 PM

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