Management Accounting: CIMAPRO19-P01-1 Exam

"Management Accounting", also known as CIMAPRO19-P01-1 exam, is a CIMA Certification. With the complete collection of questions and answers, PrepAwayPDF has assembled to take you through 258 Q&As to your CIMAPRO19-P01-1 Exam preparation. In the CIMAPRO19-P01-1 exam resources, you will cover every field and category in CIMA Operational Certification helping to ready you for your successful CIMA Certification.

  • Exam Code: CIMAPRO19-P01-1
  • Exam Name: Management Accounting
  • Certification Provider: CIMA
  • Corresponding Certification: CIMA Operational
  • Updated: Jul 18, 2026
  • No. of Questions: 258 Questions & Answers with Testing Engine
  • Download Limit: Unlimited

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What is the cost of CIMA Operational CIMA P1 Accounting?

CIMA Operational CIMA P1 Accounting costs GBP 425.

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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/

Understanding function and technical aspects of Prepare information to support short-term decision-making

The following will be discussed in CIMA P1 exam dumps:

  • Apply appropriate techniques that support short-term decision-making
  • Identify relevant costs and benefits
  • Apply appropriate techniques to deal with situations where there is risk and uncertainty
  • Explain factors that could influence short-term decisions
  • Prepare information to support operational decisions

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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:

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

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: 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
                  Topic 3: Risk and Uncertainty in Decision Making- Risk evaluation methods
                  • 1. Sensitivity analysis
                    • 2. Expected values
                      Topic 4: Short-term Decision Making- Relevant costing principles
                      • 1. Relevant vs irrelevant costs
                        • 2. Opportunity cost analysis
                          - Decision techniques
                          • 1. Make or buy decisions
                            • 2. Limiting factor analysis

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