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CIMA CIMAPRO19-P01-1 Questions & Answers - in .pdf

CIMAPRO19-P01-1 pdf
  • Total Q&A: 258
  • Update: Aug 14, 2026
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  • Vendor: CIMA
  • Exam Code: CIMAPRO19-P01-1
  • Exam Name: Management Accounting
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CIMAPRO19-P01-1 Study Guide
  • Total Q&A: 258
  • Update: Aug 14, 2026
  • Price: $59.99
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  • Vendor: CIMA
  • Exam Code: CIMAPRO19-P01-1
  • Exam Name: Management Accounting
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CIMA CIMAPRO19-P01-1 Exam Overview:

Certification Vendor:Chartered Institute of Management Accountants (CIMA)
Exam Name:Management Accounting
Exam Number:CIMAPRO19-P01-1
Exam Duration:90 minutes
Exam Format:Computer-Based Objective Test, Multiple Choice Questions, Multiple Response Questions, Drag and Drop Questions, Number Entry Questions
Real Exam Qty:60
Available Languages:English
Related Certifications:CIMA Professional Qualification Operational Level
CIMA Diploma in Management Accounting
Operational Case Study (OCS)
Exam Price:USD 120
Passing Score:100/150
Sample Questions:CIMA CIMAPRO19-P01-1 Sample Questions
Exam Way:Computer-based exam delivered through Pearson VUE test centers and CIMA online examination platforms where available.
Pre Condition:No mandatory prerequisite examination. Candidates typically complete or receive exemptions for Certificate in Business Accounting subjects before entering the Professional Qualification.
Official Syllabus URL:https://www.aicpa-cima.com/resources/landing/cima-professional-qualification

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
  • Identify appropriate KPIs for different functions of the organisation
  • Interpret variances to review functional and organisational performance
  • 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/

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.

How to Prepare for CIMA Operational CIMA P1 Accounting

Preparation Guide for CIMA Operational CIMA P1 Accounting

Introduction

The Chartered Institute of Management Accountants® (CIMA), founded in 1919, is the world's leading and largest professional body of management accountants.

Passing each of the three levels of the CIMA Professional Qualification is the litmus test against which employers evaluate a candidate's capabilities to drive organisational success.

CIMA has two grades of full membership:

  • Associate - designated by the letters ACMA
  • Fellow - designated by the letters FCMA

A CIMA Associate or Fellow is permitted to use the suffix letters CGMA (Chartered Global Management Accountant) after their name.

To be admitted as an Associate, a candidate must have:

  • Completed a period of qualifying practice of at least two years, documented and signed by appropriate witnesses
  • Passed the institute's 16 qualifying examinations (or have a verified exemption), including 3 integrated case study exams under 2019 syllabus

To become a Fellow, a candidate ACMA must, in addition, have appropriate experience at a senior level.

CIMA helps individuals and businesses to succeed by harnessing the full power of management accounting - not just accounting for the balance sheet, but accounting for business.

Together with the American Institute of Certified Public Accountants (AICPA), CIMA established the Chartered Global Management Accountant (CGMA) designation in 2012 to provide members with a new level of resources and recognition.

The CIMA syllabus draws on the unique CGMA Global Management Accounting Principles© and CGMA Competency Framework to empower individuals with high-level abilities to help them achieve sustainable success in both business and finance.

CIMA provide continuing professional development services, fund academic research, develop thought leadership, monitor professional standards, maintain a code of ethics for members, and work with external tuition providers and assessment services to provide the best study and examination experience.

In 2017, members of CIMA and AICPA formed the Association of International Certified Professional Accountants to unite and strengthen the accounting profession globally. Representing an influential network of more than 650,000 members and students in management and public accounting, the Association prepares accountants for today's challenges and tomorrow's opportunities.

The CImA qualification consists of sixteen exams including three case study exam. You also need to gain three years of practical work experience.

You will gain expertise in three main areas:

  • Certificate Level
  • Management Accounting
  • Financial Management
  • Business Management

The CImA Certificate in Business Accounting is ideal for people who are new to the world of business qualification because it offers a solid grounding in the basics of management accounting, financial accounting and business and consists of 4 papers. It is also a stepping stone towards the CImA Professional Qualification.

  • Operational Level

The three exams at this level introduce students to contemporary business subjects like ethics, forecasting, reporting and marketing, from an operations view.Students who pass all three operational level papers and a case study exam will be awarded the CImA diploma in management accounting.

  • Management Level

The three exams at this level focus on subjects like project management, relationship management, analysis of financial accounts and budgeting. Students who pass all three management level subjects and a case study exam will be awarded the CImA advanced diploma in management accounting.

  • Strategic Level

The three exams at this level build on previous knowledge and Cover Strategic Management, Risk Management and Financial Strategy.

At the Operational level, learners are expected to perform the functions of an Entry level finance professional. Companies expect finance professionals at this level to be able to leverage data and technology to breakdown medium-term decisions into short-term actionable plans. These CIMA P1 exam dumps will orient learners with these expectations and prepare them for their real-life roles.

In this guide, CIMA will cover the CIMA P1 practice test and CIMA P1 exam dumps pdf and all aspects of the CIMA Operational CIMA P1 Accounting.

CIMA CIMAPRO19-P01-1 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Risk and Uncertainty15%- Decision Making Under Uncertainty
  • 1. Decision Trees
  • 2. Expected Value Analysis
  • 3. Sensitivity Analysis
Topic 2: Short-Term Decision Making30%- Relevant Cost Analysis
  • 1. Product Mix Decisions
  • 2. Special Order Decisions
  • 3. Make or Buy Decisions
- Pricing Decisions
  • 1. Cost-Based Pricing
  • 2. Market-Based Pricing
Topic 3: Budgeting and Budgetary Control25%- Budgetary Control
  • 1. Performance Evaluation
  • 2. Variance Analysis
  • 3. Flexible Budgets
- Budget Preparation
  • 1. Cash Budgets
  • 2. Functional Budgets
  • 3. Master Budgets
Topic 4: Cost Accounting for Decision and Control30%- Costing Systems
  • 1. Marginal Costing
  • 2. Activity-Based Costing
  • 3. Absorption Costing
  • 4. Standard Costing
- Cost Classification and Behaviour
  • 1. Cost Estimation Techniques
  • 2. Cost Drivers
  • 3. Fixed and Variable Costs
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CIMAPRO19-P01-1 Related Exams
P1 - Management Accounting
Related Certifications
CIMA Certification
CIMA Strategic level
CIMA Strategic Level Case Study Exam
CIMA Business Accounting
CIMA Operational