CIMA Management Accounting : P1 exam

P1 real exams

Exam Code: P1

Exam Name: Management Accounting

Updated: Jul 28, 2026

Q & A: 258 Questions and Answers

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About CIMA Management Accounting - P1 Exam

Below is the CIMA Operational CIMA P1 Accounting

  • Format: Multiple choices, multiple answers
  • Passing score: 70%
  • Language: English
  • Length of Examination: 90 minutes
  • Number of questions: 60

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CIMA P1 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Calculate subdivision of total usage
  • efficiency variances into mix and yield variances
  • Use material, labour, variable overhead, fixed overhead and sales variances
Topic 2
  • Understand how budgets can help energize and motive individuals and teams
  • Recognise how management accountants help make tactical business decisions
Topic 3
  • Understand relevant cash flows and non-financial factors and how it affects make or buy decisions
  • Understand the strategic implications of short-term decision-making
Topic 4
  • Determine the activity that causes the change in cost
  • Understand the difference between variable costs and fixed costs
Topic 5
  • Establish manufacturing standards for material, labour, variable overhead and fixed overhead
  • Understand the difference between financial accounting and cost accounting
Topic 6
  • Understand relevant cash flows and their use in pricing decisions
  • Calculate the costs for products or services using activity-based costing
Topic 7
  • Understand the impact of individuals’ risk attitudes on decision-making in the short term
  • Understand the difference between direct costs and indirect costs
Topic 8
  • Determine causality in cost function estimates and impact on budgets
  • Identify inventory costs and period costs

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

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