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CIMA CIMAPRO19-P01-1 exam is a computer-based exam that is administered by the Chartered Institute of Management Accountants (CIMA). CIMAPRO19-P01-1 exam is conducted in a proctored environment, and candidates are required to adhere to strict rules and regulations during the examination. CIMAPRO19-P01-1 exam consists of multiple-choice questions, and candidates are given four hours to complete the exam.

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CIMA P1 exam is an important qualification for anyone looking to pursue a career in finance or accounting. It provides students with a solid foundation in management accounting and covers a range of topics related to financial management. By studying for and passing CIMAPRO19-P01-1 exam, students can improve their career prospects and increase their earning potential.

CIMA P1 exam is divided into three sections, each of which requires a different level of knowledge and skills. The first section is focused on cost accounting and covers topics such as absorption costing, marginal costing, and activity-based costing. It also covers cost-volume-profit analysis, which is a key tool for understanding the relationship between costs, sales volumes, and profits.

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The CIMA CIMAPRO19-P01-1 exam is conducted by the Chartered Institute of Management Accountants (CIMA), a UK-based professional body that provides training and certification in management accounting and related fields. The CIMA CIMAPRO19-P01-1 exam is one of the most popular certification exams offered by the institute and is highly valued by employers worldwide.

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

CIMA CIMAPRO19-P01-1 Exam Syllabus Topics:

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

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