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Reading notes is one thing; sitting a timed exam is another. The TestKingIT test engines recreate the pressure of the real CIMA Management Accounting exam, so the CIMAPRO19-P01-1 testing experience feels familiar long before you book your seat.

CIMA CIMAPRO19-P01-1 Exam Overview:

Certification Vendor:Chartered Institute of Management Accountants (CIMA)
Exam Name:Management Accounting
Exam Number:CIMAPRO19-P01-1
Available Languages:English
Exam Duration:90 minutes
Passing Score:100/150
Exam Format:Multiple Response Questions, Computer-Based Objective Test, Multiple Choice Questions, Number Entry Questions, Drag and Drop Questions
Exam Price:USD 120
Related Certifications:Operational Case Study (OCS)
CIMA Professional Qualification Operational Level
CIMA Diploma in Management Accounting
Real Exam Qty:60
Sample Questions: DOWNLOAD DEMO
Exam Way:Computer-based exam delivered through Pearson VUE test centers and CIMA online examination platforms where available.
Pre Condition:No mandatory prerequisite examination. Candidates typically complete or receive exemptions for Certificate in Business Accounting subjects before entering the Professional Qualification.
Official Syllabus URL:https://www.aicpa-cima.com/resources/landing/cima-professional-qualification

CIMA CIMAPRO19-P01-1 Exam Syllabus Topics:

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

CIMA CIMAPRO19-P01-1 Exam: Frequently Asked Questions

The CIMA Management Accounting exam is the official Chartered Institute of Management Accountants (CIMA) test registered under exam code CIMAPRO19-P01-1. Passing it earns you the CIMA Operational certification, a credential at the Operational Level level. It is also linked to the related certifications: CIMA Professional Qualification Operational Level, CIMA Diploma in Management Accounting, Operational Case Study (OCS). Chartered Institute of Management Accountants (CIMA) exams are valued because they test job-ready skills, so a passing score here carries real weight on a resume.

The CIMA Management Accounting exam includes 60 questions to be completed within 90 minutes. Do the pacing math before exam day: with that many items on the clock, you need a steady rhythm and the discipline to flag a hard question and move on instead of stalling. Two or three full timed sessions with the TestKingIT test engine will show you exactly what that pace feels like, so time pressure stops being a factor on the real day.

To pass the CIMA Management Accounting exam you need 100/150, and the official registration fee is USD 120. A retake is not discounted: a failed attempt means paying the full USD 120 again, so treat your first sitting as the expensive one. A sensible rule is to book your seat only after you are scoring comfortably above the passing mark on the TestKingIT practice tests, not just squeaking past it once.

No mandatory prerequisite examination. Candidates typically complete or receive exemptions for Certificate in Business Accounting subjects before entering the Professional Qualification.

Eligibility rules do change from time to time, so confirm the current requirements before you register on the official exam page.

Yes. TestKingIT offers a free PDF demo of the CIMA Management Accounting material so you can judge the question quality and format before spending anything. After purchase, your license includes 365 days of free updates, and if you want to keep receiving updates after that period, renewals are available at a 50% discount.

If you take the CIMA Management Accounting exam within 60 days of your purchase and do not pass, TestKingIT backs you with a 100% money-back guarantee. The claim must match the exam your product covers: attempts taken within 3 days of purchase are not eligible (that is too little preparation time), and neither are downloaded-but-unused products, free materials, or expired orders. The candidate name must match the payer name, and you need to submit a scanned enrollment slip plus the official Score Report PDF within 2 days of the exam; claims are processed within 7 days. Prefer not to refund? You can swap instead and receive two other exam products of equal value for free while keeping the update service on your original purchase.

Delivery itself is instant: your files are downloadable right away and emailed to you within one minute of payment. If nothing arrives within 2 hours, contact customer service. There is no limit on how many computers you may install the software on.

The official CIMA Management Accounting syllabus is organized into 4 domains. Key areas include Risk and Uncertainty (15%), Budgeting and Budgetary Control (25%), and Cost Accounting for Decision and Control (30%). The complete, up-to-date topic list appears in the exam topics section above; work through it line by line and flag anything you cannot yet explain in your own words.

CIMA Management Accounting Sample Questions:

Budgeted sales and production for Product X for this period are 12,000 units.
The standard cost and selling price for a single unit of the product are:

The fixed production overhead expenditure variance is:

  • A. $20,000 A
  • B. $13,000 A
  • C. $23,500 A
  • D. $10,500 A
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

'Public sector organizations are often judged by their economy, efficiency and effectiveness.
Consequently, they should use an approach to budgeting other than incremental budgeting.' Required:
Explain ONE advantage and TWO disadvantages of public sector organizations using incremental budgeting.
Select all true statements.

  • A. Under an incremental approach to budgeting, existing operations and the current budgeted allowance for these existing activities are taken as the base level for preparing the budget.
  • B. The incremental approach means that budget holders in public sector organizations will be encouraged to use up this year's budget will be as high as possible.
  • C. The incremental approach encourages managers in public sector organizations to look at the efficiency and effectiveness of activities undertaken.
  • D. An incremental; approach is not as easy and fast to implement than other forms of budgeting approaches e.g. zero based budgeting.
  • E. Public sector organizations tend to be fairly complex and in many cases outputs cannot be measured in monetary terms therefore the link between inputs and outputs is difficult to establish. An incremental approach can therefore provide a cost effective approach to budgeting.
  • F. The main advantage of incremental budgeting is that the cost of past activities becomes fixed and any inefficiencies or wastage is perpetuated.
Reveal Solution  Discussion  0

Correct Answer: A,B,E  🗳️

The following 5 statements apply the principles of either, both or neither absorption costing and marginal costing.
Place the option labels against the relevant statements.

Reveal Solution  Discussion  0

Correct Answer:

A manufacturing company has more units of finished goods inventory at the end of a period than at the beginning of the period.
Which of the following statements is true?

  • A. Profit is higher and opening inventory valuation is lower using absorption costing than if marginal costing is used.
  • B. Profit is higher and opening inventory valuation is higher using marginal costing than if throughput costing is used.
  • C. Profit is lower and opening inventory valuation is higher using marginal costing than if throughput costing is used.
  • D. Profit is higher and opening inventory valuation is lower using marginal costing than if throughput costing is used.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

You are a trainee management accountant working for a prestigious manufacturing firm. One day you go to a business meeting a business meeting and the managing director is there. They stand up and say that the company is losing too much money through wastage and losses and so they have decided to implement a total quality management system. They go on to say this system will:
1:Allow the company to improve on a consistent and continual basis
2:Allow the company to identify and allocate quality accountability to certain departments
3:Help the company detect error and fraud
Are ALL of these statements correct?

  • A. No. (3) and (2) are incorrect.
  • B. Yes. They ore all correct
  • C. No. (2) is incorrect No. (1) is incorrect
  • D. No. (1) and (2) are incorrect.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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