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| Certification Vendor: | CIMA (Chartered Institute of Management Accountants) |
|---|---|
| Exam Name: | P1 Management Accounting |
| Exam Number: | CIMAPRO19-P01-1 |
| Passing Score: | 100/150 scaled score (approx. 67%) |
| Available Languages: | Portuguese, English, Spanish |
| Exam Duration: | 90 minutes |
| Related Certifications: | CGMA Designation CIMA Professional Qualification E1 Managing Finance in a Digital World F1 Financial Reporting |
| Real Exam Qty: | 60 |
| Exam Format: | Fill-in-the-blank / Numeric entry, Computer-based objective test, Multiple response, Multiple choice, Drag-and-drop, Scenario-based items |
| Certificate Validity Period: | Valid while syllabus remains active; Operational Level credits do not expire |
| Exam Price: | USD $115–$195 / GBP £95–£165 (varies by region and membership status) |
| Recommended Training: | CIMA Official Study Resources CIMA Approved Learning Partners |
| Exam Registration: | Pearson VUE Test Center CIMA Official Exam Booking |
| Sample Questions: | CIMA P1 Sample Questions |
| Exam Way: | On-demand computer-based test at Pearson VUE test centers or remote online proctored |
| Pre Condition: | No mandatory prerequisites; open to all students; exemptions available via AAT, ACCA, ACA or relevant degrees |
| Official Syllabus URL: | https://www.cimaglobal.com/Studying/Our-exams-and-assessments/Operational-Level/P1-Management-Accounting/ |
The following will be discussed in CIMA P1 exam dumps:
Reference: https://www.cimaglobal.com/Qualifications/Professional-Qualification/Operational-level/
The CIMA Professional Qualification is divided into three levels - Operational, Management and Strategic. Each of these levels consists of three pillars of domain knowledge - Enterprise, Performance and Financial. Passing each level of the qualification confirms a candidate's capabilities to perform the tasks at that level in the workplace to the highest standards. When combined with the required practical experience, the CIMA Professional Qualification ensures that members are ready to support and lead their organisations, through the challenging environment of continuous change. The syllabus, assessments and practical experience requirements ensure members are not only competent in the essential accounting, finance and business-related skills, but also in the skills required to lead the finance function in a digital age. The Operational level focuses on the short term and the implementation of decisions. Learners of CIMA P1 practice exams and CIMA P1 practice test will be able to work with others in the organisation and use appropriate data and technology to translate mediumterm decisions into short-term actionable plans.
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Cost Accounting for Decision and Control | 30% | - Standard costing and variance analysis - Absorption, marginal and activity-based costing - Costing methods and techniques - Cost classification and behaviour |
| Topic 2: Dealing with Uncertainty in the Short Term | 15% | - Risk and uncertainty concepts - Expected values and decision trees - Sensitivity analysis and simulation - Basic internal control and risk management |
| Topic 3: Short-Term Commercial Decision Making | 30% | - Relevant costing and opportunity costs - Pricing decisions and make-or-buy choices - Break-even and limiting factor analysis - Working capital management |
| Topic 4: Budgeting and Budgetary Control | 25% | - Flexible budgets and budgetary control - Behavioural aspects of budgeting - Quantitative analysis for forecasting - Budget preparation and approaches |
| Certification Vendor: | CIMA (Chartered Institute of Management Accountants) |
|---|---|
| Exam Name: | P1 Management Accounting |
| Exam Number: | CIMAPRO19-P01-1 |
| Passing Score: | 100/150 scaled score (approx. 67%) |
| Available Languages: | Portuguese, English, Spanish |
| Exam Duration: | 90 minutes |
| Related Certifications: | CGMA Designation CIMA Professional Qualification E1 Managing Finance in a Digital World F1 Financial Reporting |
| Real Exam Qty: | 60 |
| Exam Format: | Fill-in-the-blank / Numeric entry, Computer-based objective test, Multiple response, Multiple choice, Drag-and-drop, Scenario-based items |
| Certificate Validity Period: | Valid while syllabus remains active; Operational Level credits do not expire |
| Exam Price: | USD $115–$195 / GBP £95–£165 (varies by region and membership status) |
| Recommended Training: | CIMA Official Study Resources CIMA Approved Learning Partners |
| Exam Registration: | Pearson VUE Test Center CIMA Official Exam Booking |
| Sample Questions: | CIMA P1 Sample Questions |
| Exam Way: | On-demand computer-based test at Pearson VUE test centers or remote online proctored |
| Pre Condition: | No mandatory prerequisites; open to all students; exemptions available via AAT, ACCA, ACA or relevant degrees |
| Official Syllabus URL: | https://www.cimaglobal.com/Studying/Our-exams-and-assessments/Operational-Level/P1-Management-Accounting/ |
The following will be discussed in CIMA P1 exam dumps:
Reference: https://www.cimaglobal.com/Qualifications/Professional-Qualification/Operational-level/
The CIMA Professional Qualification is divided into three levels - Operational, Management and Strategic. Each of these levels consists of three pillars of domain knowledge - Enterprise, Performance and Financial. Passing each level of the qualification confirms a candidate's capabilities to perform the tasks at that level in the workplace to the highest standards. When combined with the required practical experience, the CIMA Professional Qualification ensures that members are ready to support and lead their organisations, through the challenging environment of continuous change. The syllabus, assessments and practical experience requirements ensure members are not only competent in the essential accounting, finance and business-related skills, but also in the skills required to lead the finance function in a digital age. The Operational level focuses on the short term and the implementation of decisions. Learners of CIMA P1 practice exams and CIMA P1 practice test will be able to work with others in the organisation and use appropriate data and technology to translate mediumterm decisions into short-term actionable plans.
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Cost Accounting for Decision and Control | 30% | - Standard costing and variance analysis - Absorption, marginal and activity-based costing - Costing methods and techniques - Cost classification and behaviour |
| Topic 2: Dealing with Uncertainty in the Short Term | 15% | - Risk and uncertainty concepts - Expected values and decision trees - Sensitivity analysis and simulation - Basic internal control and risk management |
| Topic 3: Short-Term Commercial Decision Making | 30% | - Relevant costing and opportunity costs - Pricing decisions and make-or-buy choices - Break-even and limiting factor analysis - Working capital management |
| Topic 4: Budgeting and Budgetary Control | 25% | - Flexible budgets and budgetary control - Behavioural aspects of budgeting - Quantitative analysis for forecasting - Budget preparation and approaches |
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