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CIMA P1 Exam Overview:

Certification Vendor:Chartered Institute of Management Accountants (CIMA)
Exam Name:Management Accounting
Exam Number:P1
Related Certifications:CIMA E1
Operational Case Study (OCS)
CIMA F1
CIMA Diploma in Management Accounting
Real Exam Qty:60
Passing Score:Scaled 100/150 (approximately 67%)
Exam Price:Varies by region (official exam fees charged by CIMA/Pearson VUE)
Exam Duration:90 minutes
Available Languages:English
Exam Format:Objective Test (multiple choice), Drag-and-drop questions, Number entry questions, Multiple response questions
Sample Questions: DOWNLOAD DEMO
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

CIMA P1 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Dealing with Uncertainty in the Short Term15%- Decision trees and sensitivity analysis
- Expected value and risk analysis
Topic 2: Cost Accounting for Decision and Control30%- Cost behaviour and cost classification
- Costing methods (absorption, marginal, ABC, etc.)
- Cost information for planning and control
Topic 3: Short-Term Commercial Decision Making30%- Relevant costing and decision criteria
- Limiting factor and contribution analysis
- Pricing and make-or-buy decisions
Topic 4: Budgeting and Budgetary Control25%- Budget preparation and control
- Budgetary control techniques
- Types of budgets (flexible, rolling, cash, etc.)

P1 Exam: The FAQ Candidates Actually Need

CIMA Management Accounting is an official Chartered Institute of Management Accountants (CIMA) certification exam, listed under the code P1. Passing it earns you the CIMA Operational certification, positioned at the Operational Level (Professional Qualification) level. It also connects to CIMA E1, CIMA F1, Operational Case Study (OCS), CIMA Diploma in Management Accounting. For anyone aiming at a leadership track in IT, this credential is one of the clearest markers of verified skill.

Passing CIMA Management Accounting takes Scaled 100/150 (approximately 67%), and the official registration fee is Varies by region (official exam fees charged by CIMA/Pearson VUE). Retakes charge the full Varies by region (official exam fees charged by CIMA/Pearson VUE) again, which is why accuracy in preparation matters more than volume. Validate your readiness with repeated TestKingFree practice scores above the requirement before committing to a date.

The CIMA Management Accounting exam contains 60 questions to answer within 90 minutes. The SOFT engine from TestKingFree imitates the real test scene on your computer and uses special methods to help you master questions and answers, so the official time limit becomes a practiced routine rather than a surprise.

No formal prerequisite beyond CIMA student registration; exemption options may apply based on prior qualifications.

Vendor requirements are revised periodically, so confirm the current conditions before registering via the official exam page.

Three versions share the same verified content: the PDF prints unlimited copies for paper study, the SOFT engine imitates the real test scene on Windows PCs, and the APP version runs on all electronic products, which is why the majority of examinees choose it. A free demo lets you try before deciding, and after purchase updates are free for 365 days, extendable afterward at a 50% discount.

Worry-free shopping means a 100% money-back guarantee with stated conditions. Take the CIMA Management Accounting exam within 60 days of purchase; if you fail, you may claim a full refund, provided the exam matches your product. Attempts within 3 days of purchase are ineligible, as are downloaded-but-unused products, free materials, and expired orders; the candidate name must match the payer name. Submit a scanned enrollment slip and the official Score Report PDF within 2 days of the exam, and claims are processed within 7 days. Alternatively, exchange for two other exam products of equal value, free, keeping the update service on your original purchase.

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CIMA Management Accounting is structured into 4 official domains. The leading ones are Budgeting and Budgetary Control (25%), Dealing with Uncertainty in the Short Term (15%), and Short-Term Commercial Decision Making (30%). The full topic breakdown appears above; accurate preparation starts with an accurate map.

CIMA Management Accounting Sample Questions:

The maximum availability of a material is 8,000 kg.
Product A requires 5 kg of this material and Product B requires 7 kg of this material which is in short supply.
The correct constraint to include for the material when formulating the linear programming problem is:

  • A. 5B + 7A ≥ 8,000
  • B. 5A + 7B ≤ 8,000
  • C. 5A + 7B = 8,000
  • D. 5B + 7A ≤ 8,000
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Which of the following statements about expected value is NOT correct?

  • A. It is the weighted average outcome based on the probability of each outcome.
  • B. It assumes that the decision is repeated a very large number of times.
  • C. It represents the distribution of possible outcomes by a single figure.
  • D. It draws management attention to the possibility of very high or very low outcomes.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

XY can choose from four mutually exclusive projects. The projects will each last for one year and their net cash inflows will be determined by market conditions. The forecast net cash inflows for each of the possible outcomes are shown below.

If the company applies the maximin criterion the project chosen would be:

  • A. Project C
  • B. Project B
  • C. Project A
  • D. Project D
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

You are a management accounting working for a car manufacturer. The company is publicly listed and has been around for many years.
The company produces 2 products. Car 1 and Car 2. Car 1 sells for £20,000 and Car 2 for £27,000.
Car 1 can be upgraded post production to the 1ZC model for £5,000 and Car 2 to the 2ZC model for
£3,500.
Post production upgrade the 1ZC sells for £25,500 and the 2ZCfor £30,000.
The company sources all of its supplies for the same supplier and has access to a large workforce. As a result there are no bottlenecks or limiting factors to production.
Based on the information above the company should...

  • A. Keep both Cars as base models
  • B. Upgrade both models
  • C. Upgrade Car 2 but not Car 1
  • D. Upgrade Car 1 but not Car 2
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

A company produces and sells more than one product.
All products are manufactured using the same facilities and incur common fixed costs.
Which of the following is used to calculate the break-even sales revenue for the business?

  • A. Total fixed costs / operating profit to sales ratio
  • B. Total fixed costs / contribution per unit
  • C. Total fixed costs / weighted average contribution per unit
  • D. Total fixed costs / weighted average contribution to sales ratio
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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