Management Accounting: P1 Exam


"Management Accounting", also known as P1 exam, is a CIMA Certification. With the complete collection of questions and answers, ExamcollectionPass has assembled to take you through 258 Q&As to your P1 Exam preparation. In the P1 exam resources, you will cover every field and category in CIMA Operational Certification helping to ready you for your successful CIMA Certification.

  • Exam Code: P1
  • Exam Name: Management Accounting
  • Total Questions: 258
  • Certification Provider: CIMA
  • Corresponding Certification: CIMA Operational
  • Updated on: Jul 26, 2026

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What is the cost of CIMA Operational CIMA P1 Accounting?

CIMA Operational CIMA P1 Accounting costs GBP 425.

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

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CIMA P1 Exam Syllabus Topics:

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

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