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Below is the CIMA Operational CIMA P1 Accounting

Length of Examination: 90 minutes
Language: English
Format: Multiple choices, multiple answers
Passing score: 70%
Number of questions: 60

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

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

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Introduction to CIMA Operational CIMA P1 Accounting

CIMA Operational is the first level of the CIMA Professional qualification. After completing this level you can progress onto the Management level, then complete the Strategic level to become a chartered management accountant. You will need to have completed CIMA Certificate, AAT Professional (Level 4), or have an accountancy or finance degree.

The purpose of the CIMA P1 exam dumps is to spotlight areas of student difficulty, so that remedial measures can be taken before the chances for success are impaired. The CIMA Operational CIMA P1 Accounting is generally given by students who are interested in accounting and finance.

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What is the cost of CIMA Operational CIMA P1 Accounting?

CIMA Operational CIMA P1 Accounting costs GBP 425.

CIMA P1 Exam Syllabus Topics:

Section	Weight	Objectives
Risk and Uncertainty	15%	- Decision Making Under Uncertainty 1. Expected Value Analysis 2. Sensitivity Analysis 3. Decision Trees
Budgeting and Budgetary Control	25%	- Budgetary Control 1. Performance Evaluation 2. Variance Analysis 3. Flexible Budgets - Budget Preparation 1. Cash Budgets 2. Master Budgets 3. Functional Budgets
Cost Accounting for Decision and Control	30%	- Costing Systems 1. Activity-Based Costing 2. Absorption Costing 3. Standard Costing 4. Marginal Costing - Cost Classification and Behaviour 1. Cost Estimation Techniques 2. Cost Drivers 3. Fixed and Variable Costs
Short-Term Decision Making	30%	- Relevant Cost Analysis 1. Make or Buy Decisions 2. Special Order Decisions 3. Product Mix Decisions - Pricing Decisions 1. Market-Based Pricing 2. Cost-Based Pricing