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Exam P1 Topic 5 Question 115 Discussion

Actual exam question for CIMA's P1 exam
Question #: 115
Topic #: 5
Which of the following explain why standard costing is less appropriate in the contemporary business environment?
1. In a continuous improvement environment standard costing can restrict the impetus to remain as cost competitive as rivals.
2. Fixed overhead variances are less relevant as fixed costs represent a decreasing proportion of total manufacturing cost.
3. In a just-in-time environment there are fewer costs to control.

Suggested Answer: D Vote an answer

by Bess at Sep 14, 2026, 01:59 AM

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Here are all the actual test exam dumps for IT exams. Most people prepare for the actual exams with our test dumps to pass their exams. So it's critical to choose and actual test pdf to succeed.

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