CIMA P1 : Management Accounting

P1 pass collection

Exam Code: P1

Exam Name: Management Accounting

Updated: Sep 08, 2026

Q & A: 258 Questions and Answers

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About CIMA P1 Exam

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What is the cost of CIMA Operational CIMA P1 Accounting?

CIMA Operational CIMA P1 Accounting costs GBP 425.

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

The following will be discussed in CIMA P1 exam dumps:

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

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

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CIMA P1 Exam Syllabus Topics:

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

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