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CIMA CIMAPRO19-P01-1 : Management Accounting

CIMAPRO19-P01-1 real exams

Exam Code: CIMAPRO19-P01-1

Exam Name: Management Accounting

Updated: Sep 03, 2026

Q & A: 258 Questions and Answers

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About CIMA CIMAPRO19-P01-1 Exam

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Benefits of Getting the CIMA Operational CIMA P1 Accounting

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.

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

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;

  • Cost accounting systems
  • Short-Term Decision making

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.

What is the cost of CIMA Operational CIMA P1 Accounting?

CIMA Operational CIMA P1 Accounting costs GBP 425.

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CIMA CIMAPRO19-P01-1 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Short-Term Decision Making30%- Relevant Cost Analysis
  • 1. Make or Buy Decisions
  • 2. Product Mix Decisions
  • 3. Special Order Decisions
- Pricing Decisions
  • 1. Market-Based Pricing
  • 2. Cost-Based Pricing
Topic 2: Budgeting and Budgetary Control25%- Budget Preparation
  • 1. Functional Budgets
  • 2. Cash Budgets
  • 3. Master Budgets
- Budgetary Control
  • 1. Performance Evaluation
  • 2. Variance Analysis
  • 3. Flexible Budgets
Topic 3: Risk and Uncertainty15%- Decision Making Under Uncertainty
  • 1. Decision Trees
  • 2. Expected Value Analysis
  • 3. Sensitivity Analysis
Topic 4: Cost Accounting for Decision and Control30%- Cost Classification and Behaviour
  • 1. Cost Drivers
  • 2. Fixed and Variable Costs
  • 3. Cost Estimation Techniques
- Costing Systems
  • 1. Standard Costing
  • 2. Marginal Costing
  • 3. Activity-Based Costing
  • 4. Absorption Costing

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