CIMA CIMAPRO19-P01-1 real exam prep : Management Accounting

  • Exam Code: CIMAPRO19-P01-1
  • Exam Name: Management Accounting
  • Updated: Sep 27, 2026
  • Q&As: 258 Questions and Answers

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About CIMA CIMAPRO19-P01-1 Real Exam

Understanding function and technical aspects of Apply relevant financial reporting standards and corporate governance, ethical and tax principles

The following will be discussed in CIMA P1 exam dumps:

  • Apply the principles of corporate governance and ethics
  • Identify the impact of tax regulation on transactions, decisions and profits
  • Apply relevant IFRS in a given context, to facilitate the preparation of financial statements

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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.

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

CIMA CIMAPRO19-P01-1 Exam Syllabus Topics:

SectionObjectives
Topic 1: Budgeting and Management Control- Budgetary control systems
  • 1. Variance analysis basics
    • 2. Flexible budgeting
      - Budget preparation
      • 1. Functional budgets
        • 2. Cash budgets
          Topic 2: Risk and Uncertainty in Decision Making- Risk evaluation methods
          • 1. Expected values
            • 2. Sensitivity analysis
              Topic 3: Short-term Decision Making- Decision techniques
              • 1. Limiting factor analysis
                • 2. Make or buy decisions
                  - Relevant costing principles
                  • 1. Relevant vs irrelevant costs
                    • 2. Opportunity cost analysis
                      Topic 4: Cost Accounting for Decision and Control- Costing systems
                      • 1. Activity-based costing (ABC)
                        • 2. Absorption vs marginal costing
                          - Cost classification and behavior
                          • 1. Cost estimation techniques
                            • 2. Fixed, variable, and semi-variable costs

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