CIMA Exam CIMAPRO19-P01-1 Topic 8 Question 64 Discussion

Actual exam question for CIMA's CIMAPRO19-P01-1 exam

Question #: 64
Topic #: 8

[All CIMAPRO19-P01-1 Questions]

GP is launching a new product. The annual forecast costs are as follows:

What is the expected value of the total costs?

Give your answer to the nearest whole $.

A$36935

Show Suggested Answer

Suggested Answer: D

by Bette at Jan 08, 2023, 02:46 PM

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Casandra

19 hours ago

Hmm, I'm not so sure about that. I mean, the costs are listed for each quarter, but the question is asking about the total for the year. Wouldn't we need to add those up to get the right answer? This seems like a trap question to me.

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Carol

10 days ago

Okay, let's see... The annual forecast costs are given, and we need to find the expected value of the total costs. I think the answer is A) $36,935. Seems pretty straightforward to me.

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