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| Certification Vendor: | Chartered Institute of Management Accountants (CIMA) |
|---|---|
| Exam Name: | Management Accounting |
| Exam Number: | P1 |
| Real Exam Qty: | 60 |
| Passing Score: | Scaled 100/150 (approximately 67%) |
| Exam Format: | Number entry questions, Drag-and-drop questions, Objective Test (multiple choice), Multiple response questions |
| Available Languages: | English |
| Related Certifications: | CIMA F1 CIMA Diploma in Management Accounting Operational Case Study (OCS) CIMA E1 |
| Exam Duration: | 90 minutes |
| Exam Price: | Varies by region (official exam fees charged by CIMA/Pearson VUE) |
| Sample Questions: | ![]() |
| Exam Way: | Computer-based Objective Test at Pearson VUE test centres or on-demand online delivery (CIMA/Pearson VUE). |
| Pre Condition: | No formal prerequisite beyond CIMA student registration; exemption options may apply based on prior qualifications. |
| Official Syllabus URL: | https://www.aicpa-cima.com |
| Section | Weight | Objectives |
|---|---|---|
| Cost Accounting for Decision and Control | 30% | - Costing methods (absorption, marginal, ABC, etc.) - Cost information for planning and control - Cost behaviour and cost classification |
| Short-Term Commercial Decision Making | 30% | - Relevant costing and decision criteria - Limiting factor and contribution analysis - Pricing and make-or-buy decisions |
| Budgeting and Budgetary Control | 25% | - Types of budgets (flexible, rolling, cash, etc.) - Budget preparation and control - Budgetary control techniques |
| Dealing with Uncertainty in the Short Term | 15% | - Decision trees and sensitivity analysis - Expected value and risk analysis |
The CIMA Management Accounting exam requires Scaled 100/150 (approximately 67%) to pass, and registration costs Varies by region (official exam fees charged by CIMA/Pearson VUE). A failed attempt means paying the same fee again — a readiness check with the PracticeTorrent engines before booking is the cheaper option.
CIMA recommends these training resources for the CIMA Management Accounting exam:
Follow the training with steady self-testing — the 258 practice questions from PracticeTorrent help you apply theory and fill any gaps the training leaves.
The CIMAPRO19-P01-1 exam is a CIMA certification exam validating the CIMA Management Accounting syllabus shown above. It belongs to these credential paths: CIMA E1, CIMA F1, Operational Case Study (OCS), CIMA Diploma in Management Accounting. Candidates in 2026 prepare for it with PracticeTorrent's 258 practice questions, available as a printable PDF, a Windows Desktop Test Engine, and an Online Test Engine — three versions of the same materials.
PracticeTorrent issues a full refund if you take the CIMA Management Accounting exam within 60 days of purchase and do not pass. The policy does not apply if the exam is taken within 3 days of purchase, if the exam was never actually taken, or to free materials or expired orders, and the candidate name must match the payer name. Submit a scan of your enrollment slip and the official Score Report PDF within 2 days of the exam; claims are processed within 7 days. Alternatively, exchange for two free exam products of equal value and keep your original update service. Orders arrive by email within 1 minute — contact support if nothing arrives within 2 hours.
Computer-based Objective Test at Pearson VUE test centres or on-demand online delivery (CIMA/Pearson VUE). Register for the CIMA Management Accounting exam through these official channels:
After booking, PracticeTorrent delivers your practice questions within 1 minute — preparation starts the same day.
The CIMA Management Accounting exam contains 60 to complete within 90 minutes. Timed simulation in the PracticeTorrent Desktop Test Engine teaches that rhythm before exam day does.
The official CIMA Management Accounting outline defines 4 domains. The leading three are Short-Term Commercial Decision Making (30%), Dealing with Uncertainty in the Short Term (15%), and Cost Accounting for Decision and Control (30%). The full list is in the topics section above, and PracticeTorrent's 258 practice questions cover each one.
Three versions of the same study materials: a printable, expert-prepared PDF with free demo download and instant access; a Desktop Test Engine for Windows that simulates the real exam with two practice modes and works offline; and an Online Test Engine for any browser on Windows, Mac, Android, and iOS with test history and performance review. All 258 practice questions are identical across versions. Every purchase includes 365 days of free updates — whenever a new version is compiled, it is sent to you automatically — plus a 50% renewal discount afterward and unlimited computer installations.
No formal prerequisite beyond CIMA student registration; exemption options may apply based on prior qualifications. Since requirements change over time, confirm the latest on the official CIMA exam page before scheduling.

Select the benefits to a company of using sensitivity analysis in investment appraisal.
(Select all the true statements.)
Correct Answer: A,B,C 🗳️
RS is a travel company providing daily tours of a major European capital city. The market is highly competitive and RS has commissioned some market research to help with the pricing decision for a new tour. The research identified the probability of three possible market conditions and the number of tickets that would be sold each day at three different price levels.
Demonstrate, using a decision tree and based on expected value, which ticket price RS should choose.
Correct Answer: E 🗳️
Which THREE of the following statements about different costing systems are correct?
Correct Answer: A,B,D 🗳️
A tennis club is considering running an open day to encourage new members and thus increase membership fees. The cost of the open day will be $1,000. Attendance is dependent on the weather.
There is a 60% chance of good weather and a 40% chance of poor weather on the open day.
The expected new membership fees are:
What is the expected value of running the open day?
Give your answer as a whole number.
Correct Answer:
$1840
N prepares budgets on an annual basis by using the budget from the previous year, and then adjusting it for growth and inflation.
This is an example of:
Correct Answer: C 🗳️
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