CIMA CIMAPRO19-P01-1 : Management Accounting

CIMAPRO19-P01-1 real exams

Exam Code: CIMAPRO19-P01-1

Exam Name: Management Accounting

Updated: Aug 06, 2026

Q & A: 258 Questions and Answers

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About CIMA CIMAPRO19-P01-1 Exam

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.

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Understanding function and technical aspects of Analyse performance using financial and nonfinancial information

The following will be discussed in CIMA P1 exam dumps:

  • Explain company performance using KPIs
  • Interpret variances to review functional and organisational performance
  • Identify appropriate KPIs for different functions of the organisation
  • Prepare performance reports for use by different functions and for different purposes in appropriate formats and media
  • Identify information that can enable managers to review performance

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

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CIMA CIMAPRO19-P01-1 Exam Syllabus Topics:

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

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