CPA PM Elective Practice Questions - CPA PEP Performance Management Elective Exam - CPA PM Elective Practice Questions - CPA PEP Performance Management Elective Exam

Question 1

A company sells a product for $50 with variable costs of $30 per unit and fixed costs of $120,000. How many units must it sell to break even?

6,000 units 4,000 units 2,400 units 3,000 units

Correct Answer:

6,000 units

Question 2

In CPA Canada's PM elective, the technical content is drawn primarily from which two Competency Map areas?

Financial Reporting and Audit & Assurance Management Accounting and Strategy & Governance Taxation and Finance Audit & Assurance and Taxation

Correct Answer:

Management Accounting and Strategy & Governance

Question 3

When making a special-order decision with idle capacity, which costs are relevant?

All fixed and variable costs Allocated head-office overhead Only incremental costs that change with the order Historical sunk costs already incurred

Correct Answer:

Only incremental costs that change with the order

Question 4

A balanced scorecard's 'learning and growth' perspective most directly measures:

Customer satisfaction and retention Return on capital employed On-time delivery and defect rates Employee capabilities, information systems, and organizational culture

Correct Answer:

Employee capabilities, information systems, and organizational culture

Question 5

Under activity-based costing, the first step in assigning overhead is to:

Identify activities and assign costs to activity cost pools Apply a single plant-wide overhead rate Allocate costs based on direct labour hours only Expense all overhead as period costs

Correct Answer:

Identify activities and assign costs to activity cost pools

Question 1

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About this Exam

Prepare with the CPA PM Elective Practice Questions - CPA PEP Performance Management Elective Exam practice quiz. This question bank includes 100 questions covering company, fixed, overhead, cost, and costs. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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CPA PM Elective Practice Questions - CPA PEP Performance Management Elective Exam

This practice set contains 100 questions from the matching question bank and focuses on company, fixed, overhead, cost, and costs. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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CPA PM Elective Practice Questions - CPA PEP Performance Management Elective Exam

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