CIMA P1 Q&A - in .pdf

  • P1 pdf
  • Exam Code: P1
  • Exam Name: Management Accounting
  • Updated: Jul 19, 2026
  • Q & A: 258 Questions and Answers
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  • Exam Code: P1
  • Exam Name: Management Accounting
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  • Q & A: 258 Questions and Answers
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  • Exam Code: P1
  • Exam Name: Management Accounting
  • Updated: Jul 19, 2026
  • Q & A: 258 Questions and Answers
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Topics of CIMA Operational CIMA P1 Accounting

The following topics are a part of CIMA P1 Accounting module.

  • Analyse performance using financial and nonfinancial information
  • Apply relevant financial reporting standards and corporate governance, ethical and tax principles
  • Prepare information to manage working capital
  • Budgeting and budgetary control
  • Prepare budget information and assess its use for planning and control purposes
  • Cost Accounting for decision and control
  • Short term commercial decision making
  • Risk and uncertainty in the short term
  • Distinguish Between The Different Rationales For Costing
  • Prepare information to support short-term decision-making

Introduction to CIMA Operational CIMA P1 Accounting

CIMA Operational is the first level of the CIMA Professional qualification. After completing this level you can progress onto the Management level, then complete the Strategic level to become a chartered management accountant. You will need to have completed CIMA Certificate, AAT Professional (Level 4), or have an accountancy or finance degree.

The purpose of the CIMA P1 exam dumps is to spotlight areas of student difficulty, so that remedial measures can be taken before the chances for success are impaired. The CIMA Operational CIMA P1 Accounting is generally given by students who are interested in accounting and finance.

Reference: https://www.cimaglobal.com/Qualifications/Professional-Qualification/Operational-level/

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Below is the CIMA Operational CIMA P1 Accounting

  • Language: English
  • Number of questions: 60
  • Passing score: 70%
  • Format: Multiple choices, multiple answers
  • Length of Examination: 90 minutes

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CIMA P1 Exam Syllabus Topics:

SectionObjectives
Risk and Uncertainty in Decision Making- Risk evaluation methods
  • 1. Expected values
    • 2. Sensitivity analysis
      Short-term Decision Making- Decision techniques
      • 1. Make or buy decisions
        • 2. Limiting factor analysis
          - Relevant costing principles
          • 1. Opportunity cost analysis
            • 2. Relevant vs irrelevant costs
              Budgeting and Management Control- Budgetary control systems
              • 1. Variance analysis basics
                • 2. Flexible budgeting
                  - Budget preparation
                  • 1. Functional budgets
                    • 2. Cash budgets
                      Cost Accounting for Decision and Control- Cost classification and behavior
                      • 1. Cost estimation techniques
                        • 2. Fixed, variable, and semi-variable costs
                          - Costing systems
                          • 1. Absorption vs marginal costing
                            • 2. Activity-based costing (ABC)
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