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P1 – Performance Operations November 2014 examination

The Chartered Institute of Management Accountants 2013 Operational Level Paper P1 Performance Operations November 2014 examination Examiner s Answers Note: Some of the answers that follow are fuller and more comprehensive than would be expected from a well-prepared candidate. They have been written in this way to aid teaching, study and revision for tutors and candidates alike. These Examiner s answers should be reviewed alongside the question paper for this examination which is now available on the CIMA website at The Post Exam Guide for this examination , which includes the marking guide for each question, will be published on the CIMA website by early February at SECTION A Answer to Question One Rationale Question One consists of eight objective test sub-questions.

The Chartered Institute of Management Accountants 2013 . Operational Level Paper . P1Performance Operations . November 2014 examination . Examiner’s Answers

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