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CIMA CIMAPRO19-P01-1 Exam : Management Accounting

CIMAPRO19-P01-1 actual test
  • Exam Code: CIMAPRO19-P01-1
  • Exam Name: Management Accounting
  • Updated: Sep 15, 2026
  • Q & A: 258 Questions and Answers
  • PDF Demo
  • PC Test Engine
  • Online Test Engine
  • Total Price: $59.99  

About CIMA CIMAPRO19-P01-1 Exam

Difficulty in taking the CIMA Operational CIMA P1 Accounting

The CIMA CIMA P1 Management Accounting is a tricky little paper pass but it's one of the more interesting papers as it builds your knowledge of Management Accounting and the various concepts involved - and, after all, this is why we are studying for the CIMA qualification!

Over half (60%) of the CIMA P1 Management Accounting is concerned with;

  • Short-Term Decision making
  • Cost accounting systems

CIMA P1 practice exams can be a great way to prepare for this exam. With our experts, we produced the draft blueprints that provides a clearer direction on the approach to be taken in examinations.

For more information visit:

CIMA Official Website

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

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Understanding function and technical aspects of Prepare information to manage working capital

The following are a part of CIMA P1 practice exams:

  • Identify appropriate sources of short-term finance and methods of short-term investments
  • Identify the impact of changing working capital policies
  • Explain working capital ratios in comparison to prior periods or to other organisations
  • Explain how to manage and control working capital

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CIMA CIMAPRO19-P01-1 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Cost Accounting for Decision and Control30%- Absorption and marginal costing
- Standard costing and variance analysis
- Activity-based costing
- Cost-volume-profit (CVP) analysis
- Concepts and purposes of costing
- Cost classification and behaviour
Topic 2: Short-Term Commercial Decision Making30%- Relevant costing principles
- Product mix decisions
- Make-or-buy and outsourcing decisions
- Pricing strategies and decisions
- Limiting factor analysis
Topic 3: Dealing with Uncertainty in the Short Term15%- Risk attitudes: maximin, maximax, minimax regret
- Sensitivity analysis
- Probability and expected values
- Decision trees
- Uncertainty in budgeting and decisions
Topic 4: Budgeting and Budgetary Control25%- Beyond budgeting and modern approaches
- Flexible budgeting
- Preparation of functional and master budgets
- Budgetary control and performance reporting
- Purposes and types of budgets

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