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Score Higher on Verified P2 | Advanced Management Accounting Exam Questions with Answers

Are you ready to take the Advanced Management Accounting? To learn P2 exam questions, smart security solutions, and move IT forward, you need the CIMA P2 Certification. Whether you're making security rules for the whole company or working on hard problems, CIMA makes sure you're ready for anything. Crack4sure offers study materials and practice problems covering the exam syllabus for CIMA Courses, including Advanced Management Accounting. Check for daily deals to get products that can help you pass.

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  • Questions: 202 Q&A's With Detailed Explanation
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  • Exam Name: Advanced Management Accounting
  • Last Update: 30-Nov-2025
  • Questions and Answers: 202
  • Single Choice: 126 Q&A's
  • Multiple Choice: 39 Q&A's
  • Drag Drop: 12 Q&A's

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Questions came word by
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P2 Questions and Answers

Question # 1

A small company currently uses an information system that was implemented several years ago and is based entirely on internal data. The company is considering replacing it with a more up to date system. It has been suggested that the new system should include the use of big data.

Which TWO of the following statements are correct?

A.

Big data can provide a small company with useful information in the quest for competitive advantage.

B.

Big data is concerned solely with a dramatic increase in the amount of internal data stored.

C.

Big data can be used by a small company to identify new opportunities.

D.

It is not possible to value the potential benefits to a small company of an improved information system.

E.

Big data is only applicable to large companies which have substantial funds to invest in information systems.

Question # 2

In accordance with a just-in-time (JIT) philosophy, which of the following is regarded as a value added activity?

A.

Inspecting raw material deliveries

B.

Moving work in progress around production facilities

C.

Holding inventory

D.

Dispatching products to customers

Question # 3

SQ has the opportunity to invest in project X. The net present value for project X is $12,600. Cash inflows occur in years 1, 2 and 3. The company's cost of capital is 14%.

Calculate the annualized equivalent annuity of project X.

Give your answer to the nearest whole $.

.

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This unique opportunity is available through our CIMA P2 testing engine that provides you with real questions like practice tests for pre-exam evaluation. The practice questions and answers have been taken from the previous Advanced Management Accounting exam questions and are likely to appear in the next exam too. To obtain a brilliant score, you need to keep practicing with practice questions and answers.

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