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CIMA CIMAPRO19-P01-1

CIMAPRO19-P01-1

Exam Code: CIMAPRO19-P01-1

Exam Name: Management Accounting

Updated: Aug 06, 2026

Q & A: 258 Questions and Answers

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About CIMA CIMAPRO19-P01-1 Exam Braindumps

CIMA CIMAPRO19-P01-1 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Calculate revenue and cost estimates using quantitative analyses
  • Calculate and interpret overall flexed budget variances
Topic 2
  • Understand the impact of individuals’ risk attitudes on decision-making in the short term
  • Understand the difference between direct costs and indirect costs
Topic 3
  • Determine the activity that causes the change in cost
  • Understand the difference between variable costs and fixed costs
Topic 4
  • Establish manufacturing standards for material, labour, variable overhead and fixed overhead
  • Understand the difference between financial accounting and cost accounting
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
  • Determine causality in cost function estimates and impact on budgets
  • Identify inventory costs and period costs

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

What is the cost of CIMA Operational CIMA P1 Accounting?

CIMA Operational CIMA P1 Accounting costs GBP 425.

What do you learn in P1?

  • How budgets are prepared and implemented across the organisation, the impact these have, and how techniques are applied to ensure sound short term decision making, against a backdrop of risk and uncertainty, by using appropriate risk management tools.
  • Why costing is done and what it is used for, including appropriate costing methods and techniques and where digital costing might be used.

Topics of CIMA Operational CIMA P1 Accounting

The following topics are a part of CIMA P1 Accounting module.

  • Short term commercial decision making
  • Apply relevant financial reporting standards and corporate governance, ethical and tax principles
  • Risk and uncertainty in the short term
  • Analyse performance using financial and nonfinancial information
  • Prepare budget information and assess its use for planning and control purposes
  • Prepare information to manage working capital
  • Prepare information to support short-term decision-making
  • Budgeting and budgetary control
  • Distinguish Between The Different Rationales For Costing
  • Cost Accounting for decision and control

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