P1 exam dumps

CIMA P1 Value Package

(Include: PDF + Desktop Test Engine + Online Test Engine)

  • Exam Code: P1
  • Exam Name: Management Accounting
  • No. of Questions: 258 Questions and Answers
  • Updated: Jul 26, 2026

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CIMA P1 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Understand the impact of individuals’ risk attitudes on decision-making in the short term
  • Understand the difference between direct costs and indirect costs
Topic 2
  • Determine the activity that causes the change in cost
  • Understand the difference between variable costs and fixed costs
Topic 3
  • Calculate revenue and cost estimates using quantitative analyses
  • Calculate and interpret overall flexed budget variances
Topic 4
  • Calculate subdivision of total usage
  • efficiency variances into mix and yield variances
  • Use material, labour, variable overhead, fixed overhead and sales variances
Topic 5
  • Calculate the breakeven point and output level required to meet income targets
  • Understand costing and the different reasons for calculating costs
Topic 6
  • Establish manufacturing standards for material, labour, variable overhead and fixed overhead
  • Understand the difference between financial accounting and cost accounting
Topic 7
  • Determine causality in cost function estimates and impact on budgets
  • Identify inventory costs and period costs
Topic 8
  • 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 9
  • Understand relevant cash flows and their use in pricing decisions
  • Calculate the costs for products or services using activity-based costing

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

Difficulty in taking the CIMA Operational CIMA P1 Accounting

The CIMA CIMA P1 Management Accounting is a tricky little paper pass but it's one of the more interesting papers as it builds your knowledge of Management Accounting and the various concepts involved - and, after all, this is why we are studying for the CIMA qualification!

Over half (60%) of the CIMA P1 Management Accounting is concerned with;

  • Cost accounting systems
  • Short-Term Decision making

CIMA P1 practice exams can be a great way to prepare for this exam. With our experts, we produced the draft blueprints that provides a clearer direction on the approach to be taken in examinations.

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