CIMA P1 Practice Questions - CIMA Operational Level P1 Management Accounting Exam

When production exceeds sales in a period, how will absorption costing profit compare with marginal costing profit?

The two profits will be equal It depends on the sales price Absorption profit will be lower Absorption profit will be higher

Correct Answer:

Absorption profit will be higher

Access more questions from this quiz

Continue to CIMA P1 Practice Questions - CIMA Operational Level P1 Management Accounting Exam for more practice questions and the full quiz experience.

Access More Questions