Management Accounting: CIMAPRO19-P01-1 Exam

"Management Accounting", also known as CIMAPRO19-P01-1 exam, is a CIMA Certification. With the complete collection of questions and answers, iPassleader has assembled to take you through 258 Q&As to your CIMAPRO19-P01-1 Exam preparation. In the CIMAPRO19-P01-1 exam resources, you will cover every field and category in CIMA Operational Certification helping to ready you for your successful CIMA Certification.

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  • Updated on: Sep 24, 2026
  • No. of Questions: 258 Questions & Answers

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  • Updated on: Sep 24, 2026
  • No. of Questions: 258 Questions & Answers

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CIMA CIMAPRO19-P01-1 Exam Overview:

Certification Vendor:CIMA (Chartered Institute of Management Accountants)
Exam Name:Management Accounting (P1) - Objective Test Exam
Exam Number:CIMAPRO19-P01-1
Certificate Validity Period:Does not expire individually; qualification progression requires completion within CIMA progression rules
Related Certifications:CIMA Operational Level
CIMA F1 Financial Reporting
CIMA E1 Managing Finance in a Digital World
CIMA P1 Management Accounting
CIMA Certificate in Business Accounting
Exam Duration:90 minutes
Exam Format:Multiple Choice Questions, Case-based Objective Questions, Objective Test (OT)
Available Languages:English
Exam Price:Approximately £100–£120 per attempt (varies by region)
Passing Score:100/150 (scaled score, equivalent to 50%)
Real Exam Qty:60 (Objective Test MCQs and other objective formats)
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

CIMA CIMAPRO19-P01-1 Exam Syllabus Topics:

SectionObjectives
Risk and Uncertainty in Decision Making- Risk evaluation methods
  • 1. Expected values
    • 2. Sensitivity analysis
      Budgeting and Management Control- Budgetary control systems
      • 1. Variance analysis basics
        • 2. Flexible budgeting
          - Budget preparation
          • 1. Cash budgets
            • 2. Functional budgets
              Short-term Decision Making- Relevant costing principles
              • 1. Opportunity cost analysis
                • 2. Relevant vs irrelevant costs
                  - Decision techniques
                  • 1. Limiting factor analysis
                    • 2. Make or buy decisions
                      Cost Accounting for Decision and Control- Cost classification and behavior
                      • 1. Fixed, variable, and semi-variable costs
                        • 2. Cost estimation techniques
                          - Costing systems
                          • 1. Activity-based costing (ABC)
                            • 2. Absorption vs marginal costing

                              CIMA Management Accounting FAQ — What Candidates Actually Ask

                              The CIMAPRO19-P01-1 exam is CIMA's benchmark for awarding the CGMA Professional Qualification (Operational Level) certification, a credential positioned at the Professional level. It measures whether you can apply the CIMA Management Accounting objectives under exam conditions — not whether you recognize them in a textbook. It also connects to a wider certification path that includes CIMA Certificate in Business Accounting, CIMA Operational Level, CIMA E1 Managing Finance in a Digital World, CIMA F1 Financial Reporting, CIMA P1 Management Accounting, so the effort you invest here keeps paying off. That is exactly why preparation built on realistic questions outperforms passive reading.

                              The CIMA Management Accounting blueprint spans 4 domains, headlined by Budgeting and Management Control, Short-term Decision Making, and Cost Accounting for Decision and Control. Read the weightings as a budget: the domains carrying more of the score deserve more of your week. The complete topic list lives in the exam topics section above — plan against it, not against guesswork.

                              The CIMA Management Accounting exam gives you 90 minutes for 60 (Objective Test MCQs and other objective formats) questions. Convert that into a rhythm before test day: minutes divided by questions is your per-item budget, and anything burning twice its budget gets flagged and revisited at the end. Rehearse the pacing under a real timer — every iPassleader engine session runs one — until finishing with spare review time becomes normal.

                              Passing CIMA Management Accounting requires 100/150 (scaled score, equivalent to 50%), and each attempt costs Approximately £100–£120 per attempt (varies by region) — retakes included, at full price. The financially rational move is arriving over-prepared: drill with iPassleader practice questions until your timed scores clear the bar several sessions in a row, then register. That's not caution; it's refusing to pay for the same exam twice.

                              CIMA lists the CIMA Management Accounting question formats as: Objective Test (OT), Multiple Choice Questions, Case-based Objective Questions. Formats are not trivia — they change how you read. For long scenario stems, find the actual question sentence first; for multi-answer items, verify every option you select. iPassleader's 258 practice questions cover these formats thoroughly, so on exam day only the content is new.

                              The CIMAPRO19-P01-1 exam is offered in English. Pick the language where your reading speed holds up under time pressure — in a timed exam, slow comprehension is a hidden tax on every question. If you test in English, daily work with iPassleader's English CIMAPRO19-P01-1 practice questions doubles as targeted vocabulary training.

                              The certification earned through the CIMA Management Accounting exam remains valid for Does not expire individually; qualification progression requires completion within CIMA progression rules. Note the expiry date early and research the recertification path well before it arrives — a planned renewal is an errand, an expired credential is a project. CIMA owns these policies, so confirm the current rules on the official certification page as your window approaches.

                              All three versions contain the same 258 expert-written questions — what you're choosing is a study environment:

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                              Many candidates combine formats — the PDF for reading, an engine for timed rehearsal.

                              Yes. iPassleader's free CIMA Management Accounting PDF demo contains genuine sample questions with verified answers, so you can judge the quality before spending anything. Every purchase includes 365 days of free updates, and renewing after that costs 50% of the regular price from your member zone. Test-drive first — confident material has nothing to hide.

                              Continuously. As CIMA adjusts the CIMA Management Accounting exam, our experts revise the bank to match, and customer feedback feeds the same review loop. Updates are free for 365 days through your member zone; track them via the New Releases section or the iPassleader newsletter, and re-check your version 3-4 days before your exam. Expired products repurchase at 50% off to restart the service.

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                              Delivery first: your CIMA Management Accounting practice questions are downloadable instantly and emailed within one minute of payment — if 2 hours pass, check spam and contact support. Install on as many computers as you need. If the exam doesn't go your way, the 100% Money Back Guarantee applies: take the corresponding exam within 60 days of purchase, and if you don't pass, submit a scanned enrollment slip and your official Score Report PDF within 2 days after the exam — full refunds are processed within 7 days. Not eligible: attempts within 3 days of purchase, exams never actually taken, free items, and expired orders; the candidate name must match the payer name. Prefer to keep preparing? Exchange for two free products of equal value and retain your update service.

                              CIMA Management Accounting Sample Questions:

                              A time series (TS) is made up of two main components i.e. trend (T) and the seasonal variation (SV).
                              The equation that represents the seasonal variation under the additive model is:

                              Reveal Solution  Discussion  0

                              Correct Answer:

                              A company is launching a new product.
                              The company accountant has constructed a payoff table to show the estimated profit at different levels of production and demand.

                              How many units should the company produce if the minimax regret criterion is applied?

                              • A. 200,000
                              • B. 100,000
                              • C. 180,000
                              • D. 150,000
                              Reveal Solution  Discussion  0

                              Correct Answer: C  🗳️

                              Which of the statements about allocation of joint costs to products are true and which are false?

                              Reveal Solution  Discussion  0

                              Correct Answer:

                              A company manufactures a range of products. It is deciding whether to make one of its products internally or to buy the product partially completed from an external source and complete the manufacture in-house. The table below gives details of the variable costs of the two alternatives. Fixed production costs will remain the same under both alternative.

                              What is the sensitivity of the decision to a change in the external purchase price?
                              Give your answer as a whole percentage.

                              Reveal Solution  Discussion  0

                              Correct Answer:

                              10%

                              A manager must select one of three projects, W, X or Y.
                              The following payoff table has been prepared to show the outcomes in $000 at three possible levels of demand:

                              The manager is now preparing a regret matrix.
                              What figure (in $000) will be shown for Project Y in the regret matrix if the average demand arises?

                              • A. 520
                              • B. 160
                              • C. 110
                              • D. 150
                              Reveal Solution  Discussion  0

                              Correct Answer: D  🗳️

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