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Last Updated: Sep 21, 2026
No. of Questions: 258 Questions & Answers with Testing Engine
Download Limit: Unlimited
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An internationally recognized CIMA certification is a capacity standard employers understand in any country. TrainingQuiz lays the groundwork for passing CIMA Management Accounting with 258 verified P1 practice questions.
| Certification Vendor: | CIMA (Chartered Institute of Management Accountants) |
|---|---|
| Exam Name: | Management Accounting (P1) - Objective Test Exam |
| Exam Number: | CIMAPRO19-P01-1 |
| Exam Format: | Case-based Objective Questions, Objective Test (OT), Multiple Choice Questions |
| Certificate Validity Period: | Does not expire individually; qualification progression requires completion within CIMA progression rules |
| Exam Price: | Approximately £100–£120 per attempt (varies by region) |
| Exam Duration: | 90 minutes |
| Real Exam Qty: | 60 (Objective Test MCQs and other objective formats) |
| Related Certifications: | CIMA P1 Management Accounting CIMA F1 Financial Reporting CIMA Certificate in Business Accounting CIMA Operational Level CIMA E1 Managing Finance in a Digital World |
| Passing Score: | 100/150 (scaled score, equivalent to 50%) |
| Available Languages: | English |
| Recommended Training: | CIMA Official Study Resources CGMA Study Hub |
| Exam Registration: | CIMA Exam Booking Portal |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Computer-based exam (Objective Test) delivered at authorized test centers or online proctored sessions where available. |
| Pre Condition: | No formal prerequisites, but completion of CIMA Certificate Level (BA1–BA4) or equivalent knowledge is recommended before Operational Level. |
| Official Syllabus URL: | https://www.aicpa-cima.com |
| Section | Objectives |
|---|---|
| Short-term Decision Making | - Relevant costing principles
|
| Budgeting and Management Control | - Budgetary control systems
|
| Risk and Uncertainty in Decision Making | - Risk evaluation methods
|
| Cost Accounting for Decision and Control | - Costing systems
|
CIMA Management Accounting is an official CIMA (Chartered Institute of Management Accountants) exam, registered under exam code P1. Passing it earns the CGMA Professional Qualification (Operational Level) certification at the Professional level. It also links to CIMA Certificate in Business Accounting, CIMA Operational Level, CIMA E1 Managing Finance in a Digital World, CIMA F1 Financial Reporting, CIMA P1 Management Accounting. As an internationally recognized capacity standard, this credential speaks for your ability wherever your career takes you.
The CIMA Management Accounting syllabus comprises 4 official domains. The heaviest include Risk and Uncertainty in Decision Making, Cost Accounting for Decision and Control, and Short-term Decision Making. The complete outline is above on this page; a short, efficient study plan starts with knowing exactly where the marks live.
The CIMA Management Accounting exam packs 60 (Objective Test MCQs and other objective formats) questions into 90 minutes. Short-term preparation works best when every session is realistic, so run timed simulations in the TrainingQuiz engine, keep your flag-and-return rhythm tight, and let repeated full-length runs build the pace the clock demands.
CIMA Management Accounting requires 100/150 (scaled score, equivalent to 50%) to pass, with an official registration fee of Approximately £100–£120 per attempt (varies by region). Retakes bill the full Approximately £100–£120 per attempt (varies by region) again, so speed should never mean gambling. Compress your preparation with the TrainingQuiz practice tests, and book once your scores clear the requirement reliably.
No formal prerequisites, but completion of CIMA Certificate Level (BA1–BA4) or equivalent knowledge is recommended before Operational Level.
Policies change, so verify the current requirements before registering on the official exam page.
CIMA Management Accounting registration goes through the official channels below.
For your schedule planning: the exam is delivered Computer-based exam (Objective Test) delivered at authorized test centers or online proctored sessions where available..
CIMA (Chartered Institute of Management Accountants) recommends the following training for CIMA Management Accounting candidates.
On a short preparation timeline, combine any training with the 258 practice questions in the TrainingQuiz P1 package to convert learning into scoring ability fast.
Yes to both. TrainingQuiz provides a free demo of the CIMA Management Accounting questions so you can verify the quality first, and after purchase the newest practice material is free for one year from the date of your order. When that year ends, extending the update service costs 50% of the regular price.
Your purchase carries a 100% money-back guarantee with defined 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, with the update service on your original purchase retained.
Delivery is instant: files unlock for download at payment and are emailed within one minute. If nothing arrives within 2 hours, check spam and contact customer service. Installation is unlimited across your computers.
A company's markets are affected by fluctuating exchange rates. It is difficult to forecast more than two or three months ahead.
Which of the following budgeting systems would be most useful in this company's circumstances?
Correct Answer: A 🗳️
A project has an expected value of $165,250.
The estimates of cash inflows and their probabilities are:
What is the missing cash inflow?
Give your answer as a whole number.
Correct Answer:
$192500
Which THREE of the following are functional budgets?
Correct Answer: A,B,E 🗳️
TP makes wedding cakes that are sold to specialist retail outlets which decorate the cakes according to the customers' specific requirements. The standard cost per unit of its most popular cake is as follows:
The general market prices at the time of purchase for Ingredient A and Ingredient B were $23 per kg and
$20 per kg respectively. TP operates a JIT purchasing system for ingredients and a JIT production system; therefore, there was no inventory during the period.
What was the material price planning variance for ingredient B?
Correct Answer: A 🗳️
A company uses limiting factor analysis to identify its optimal production plan. All of the company's products are manufactured in house and cannot be bought in.
What objective is assumed with limited factor analysis?
Correct Answer: B 🗳️
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