Sunday, 26 April 2015

Cima C03 Exam Question No 4

Question No 4:

The estimated total cost of each unit of a product is £12 (± £1), and the estimated selling price of each unit is £20 (± £3). The estimated profit per unit will be

A.
£8 (± £4)
B.
£8 (± £3)
C.
£8 (± £2)
D.
£8 (± £1)

Answer: A

Sunday, 19 April 2015

Cima C03 Exam Question No 3

Question No 3:

A company’s market value has fallen from £32 billion to £2 billion in four years. The average annual
percentage decline in market value is closest to


A. 20%.
B.
40%.
C.
50%.
D.
100%.

Answer: C

Monday, 13 April 2015

Cima C03 Exam Question No 2

Question No 2:

The following formula is used in the financial analysis of dividends:
R= (V/P)+G
When the formula is rearranged, with P in terms of the other variables, P is equal to

A.
(R/V)-G
B.
(R-G)/V
C.
(V/R)-G
D.
V/R-G

Answer: D

Thursday, 9 April 2015

Cima C03 Exam Question No 1

Question No 1:

A retailer buys a box of a product, which nominally contains Q units. The planned selling price of each unit is £P. If both P and Q have been rounded to ± 10%, then the maximum rounding error in total revenue is

A. 10%
B.
20%
C.
21%
D.
0∙1Q x 0∙1P

Answer: C