P2 試験問題を無料オンラインアクセス

Which of the following statements are fundamental concepts that underlie the Beyond Budgeting approach?
1. Use traditional budgeting in conjunction with other techniques.
2. Use adaptive management processes rather than the more rigid annual budget.
3. Move towards devolved networks rather than centralized hierarchies.
4. Move towards centralized hierarchies rather than devolved networks.

• A.Statements 2, 3 and 4 apply.
• B.Statements 1 and 2 apply.
• C.Statements 1, 2 and 3 apply.
• D.Statements 2 and 3 apply.

Which of the following statements is true?

• A.Risk transfer means the management of a portfolio of different risks.
• B.Risk hedging is taking action to offset one risk by incurring a new risk in the opposite direction.
• C.High frequency, high severity risks are always strategic risks.
• D.Insuring risks means that businesses will not need to take any measures to reduce those risks.

A company is considering two mutually exclusive projects, an analysis of which is given below:

The company's cost of capital is 12%.
Assuming an objective of maximising shareholders' wealth, which project would be recommmended?

• A.Project A because it has the higher internal rate of return.
• B.Project A because it has the higher accounting rate of return.
• C.Project B because it has the higher net present value.
• D.Project B because it has the shorter payback period.

PorkyCo is a leading bread manufacturer in Toyland operating two functional divisions: pulled and roasted. PorkyCo uses IT systems in all of its functions, for example, accounting has one system, manufacturing has its system, warehousing has another and human resources is the latest to develop a dedicated system to manage training and development The issue now is that when the CEO, Mr Button, needs information about two or more functions, he has to convene the department heads to get their reports and then study each in turn. As senior management accountant at PorkyCo, help free up Mr Button's time by suggesting the most efficient way of getting all the information he needs.

• A.Merge loaves and rolls into a single vertical.
• B.Deploy ERP technology.
• C.Move to a networked organisation.
• D.Create an intranet.
• E.Deploy an extranet.

A manufacturing company has recently introduced a Total Quality Management (TQM) system. The company has invested heavily in the education and training of its staff, in addition to implementing new product design engineering. There is a plan to sample units from each batch of products manufactured to test for errors, although this has not yet been implemented due to budget constraints.
The company is experiencing high levels of customer complaints, with many faulty units being returned by the customer for refund or replacement. Sales revenue has fallen recently, mainly due to negative press coverage linked to dissatisfied customers.
Select the statement MOST likely to apply.

• A.The high level of external failure costs is the result of a lack of expenditure on prevention costs.
• B.The high level of internal failure costs is the result of a lack of expenditure on appraisal costs.
• C.The high level of external failure costs is the result of a lack of expenditure on appraisal costs.
• D.The high level of internal failure costs is the result of a lack of expenditure on prevention costs.