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CIMA P1 Actual Tests : Management Accounting

P1 actual test
  • Exam Code: P1
  • Exam Name: Management Accounting
  • Updated: Jun 25, 2026
  • Q & A: 258 Questions and Answers
  • PDF Demo
  • PC Test Engine
  • Online Test Engine
  • Total Price: $59.99  

About CIMA P1 Exam Actual Tests

CIMA P1 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Understand relevant cash flows and their use in pricing decisions
  • Calculate the costs for products or services using activity-based costing
Topic 2
  • Understand the impact of individuals’ risk attitudes on decision-making in the short term
  • Understand the difference between direct costs and indirect costs
Topic 3
  • Determine causality in cost function estimates and impact on budgets
  • Identify inventory costs and period costs
Topic 4
  • Determine the activity that causes the change in cost
  • Understand the difference between variable costs and fixed costs
Topic 5
  • 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 6
  • Establish manufacturing standards for material, labour, variable overhead and fixed overhead
  • Understand the difference between financial accounting and cost accounting
Topic 7
  • Calculate revenue and cost estimates using quantitative analyses
  • Calculate and interpret overall flexed budget variances
Topic 8
  • Calculate subdivision of total usage
  • efficiency variances into mix and yield variances
  • Use material, labour, variable overhead, fixed overhead and sales variances

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

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

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

The following will be discussed in CIMA P1 exam dumps:

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

Instant use after payment

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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
  • Identify information that can enable managers to review 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
  • Interpret variances to review functional and organisational performance

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