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Not sure whether 2Pass4sure is worth it? As of 2026, you can still download a free demo of the P1 practice questions and judge the quality of the CIMA Management Accounting material yourself before spending a cent.

CIMA P1 Exam Overview:

Certification Vendor:CIMA (Chartered Institute of Management Accountants)
Exam Name:Management Accounting
Exam Number:P1
Exam Price:Approx. £115–£145 / $150–$190 USD (varies by region & membership status)
Passing Score:100 out of 150 scaled score (~67%)
Real Exam Qty:60
Certificate Validity Period:Lifetime validity (no expiry once passed)
Related Certifications:Operational Case Study (OCS)
F1 Financial Reporting
CIMA Advanced Diploma in Management Accounting
E1 Managing Finance in a Digital World
CIMA Professional Qualification / CGMA
Exam Duration:90 minutes
Available Languages:English
Exam Format:Drag and Drop, Multiple Response, Computer-based Objective Test, Multiple Choice, Numeric Entry, Scenario-based questions
Recommended Training:CIMA Approved Learning Partners
Official CIMA Study Materials
Exam Registration:Pearson VUE Scheduling
Official CIMA Registration & Booking
Sample Questions: DOWNLOAD DEMO
Exam Way:On-demand computer-based exam at Pearson VUE test centers or online proctored
Pre Condition:CIMA Certificate in Business Accounting (Cert BA) or relevant exemptions; no formal mandatory prerequisites but recommended foundation in accounting and mathematics
Official Syllabus URL:https://www.cimaqualification.com/operational-level/p1-management-accounting

CIMA P1 Exam Syllabus Topics:

SectionWeightObjectives
Budgeting and Budgetary Control25%- Flexible budgeting
- Budgetary control and performance reporting
- Preparation of functional and master budgets
- Purposes and types of budgets
- Beyond budgeting and modern approaches
Short-Term Commercial Decision Making30%- Make-or-buy and outsourcing decisions
- Product mix decisions
- Relevant costing principles
- Pricing strategies and decisions
- Limiting factor analysis
Dealing with Uncertainty in the Short Term15%- Uncertainty in budgeting and decisions
- Probability and expected values
- Risk attitudes: maximin, maximax, minimax regret
- Decision trees
- Sensitivity analysis
Cost Accounting for Decision and Control30%- Cost classification and behaviour
- Activity-based costing
- Concepts and purposes of costing
- Standard costing and variance analysis
- Absorption and marginal costing
- Cost-volume-profit (CVP) analysis

Answers to the Most Common Questions About CIMA Management Accounting

The P1 exam is the official CIMA exam for CIMA Management Accounting. Passing it earns you the CIMA Diploma in Management Accounting (Operational Level) credential, which sits at the Operational / Associate level. It is also connected to E1 Managing Finance in a Digital World, F1 Financial Reporting, Operational Case Study (OCS), CIMA Advanced Diploma in Management Accounting, CIMA Professional Qualification / CGMA, so what you learn carries over if you plan to pursue those paths as well. Employers treat the certification as verified proof of skill, which is why structured preparation with 2Pass4sure's practice questions pays off.

The P1 exam contains 60 questions, and the time limit is 90 minutes. Translate that into a pacing plan before exam day: know roughly how long you can afford per item, flag anything that stalls you, and circle back at the end instead of burning minutes. Two or three full timed sessions in 2Pass4sure's test engine will teach you that rhythm far better than untimed reading ever will.

The passing score for the P1 exam is 100 out of 150 scaled score (~67%), and the official registration fee is Approx. £115–£145 / $150–$190 USD (varies by region & membership status). Remember that a failed attempt means paying that fee again in full for a retake, so treat self-assessment as part of the budget: run 2Pass4sure's practice questions under timed conditions and only book your seat once your scores sit comfortably above the passing bar.

CIMA Certificate in Business Accounting (Cert BA) or relevant exemptions; no formal mandatory prerequisites but recommended foundation in accounting and mathematics Eligibility details can change, so before you register, confirm the current requirements on the official exam page: https://www.cimaqualification.com/operational-level/p1-management-accounting.

You can book the P1 exam through the official registration channels below:

Exam delivery method: On-demand computer-based exam at Pearson VUE test centers or online proctored.

CIMA points candidates to the following official training options:

Once the coursework has built your foundation, the fastest way to turn theory into exam readiness is drilling with 2Pass4sure's 258 practice questions for the CIMA Management Accounting exam.

Yes. 2Pass4sure offers a free PDF demo of the CIMA Management Accounting practice questions on the samples page, so you can judge the format and quality yourself before paying anything. Every purchase also includes 365 days of free updates, and after the product expires you can extend the update service at a 50% discount from within your member zone.

If you take the corresponding exam within 60 days of purchase and do not pass, 2Pass4sure backs you with a 100% money-back guarantee. To claim it, submit a scanned copy of your exam enrollment slip together with your official Score Report PDF within 2 days of the exam, and the refund is processed within 7 days. The guarantee does not apply to attempts made within the first 3 days after purchase, to products downloaded without actually sitting the exam, or to free materials and expired orders, and the candidate name must match the payer's name. If you would rather have study material than money, you can instead exchange for two additional exam products of equal value, free of charge, while keeping the update service on your original purchase. Delivery itself is instant: your download is available right after payment and a copy reaches your mailbox within one minute — if nothing arrives within 2 hours, contact customer service. You may install the product on as many computers as you need.

The official CIMA Management Accounting blueprint is organized into 4 domains. The leading areas are:

  • Budgeting and Budgetary Control — 25% of the exam
  • Cost Accounting for Decision and Control — 30% of the exam
  • Dealing with Uncertainty in the Short Term — 15% of the exam

For the complete domain-by-domain breakdown with every subtopic, see the Exam Topics outline above.

CIMA Management Accounting Sample Questions:

Question 1

Which of the following statements about relevant costs is correct?

A. Relevant costs may not be used in external profit reporting because they do not adhere to the accruals basis of accounting.
B. Relevant costs will always be higher than the full costs used in external profit reporting.
C. Relevant costs must be used in external profit reporting so that reported profits follow the pattern of cash flow.
D. Relevant costs will always be lower than the full costs used in external profit reporting.


Question 2

A company has only 10,100 hours of skilled labour available next period.
Data for its three products for next period are as follows.

At least 500 units of each product must be sold each period.
No inventories are held.
How many units of Product X should be manufactured next period in order to maximise profit?


Question 3

Information about a company's two products is as follows:

The products are currently sold in equal quantities.
Monthly fixed costs are $360,000.
What is the monthly breakeven sales revenue assuming a sales quantity mix of 50/50?
Give your answer to the nearest $.


Question 4

A manager is deciding which one of four services to provide next period.
The contribution earned by each service will depend on the weather conditions as follows.

Using the maximin criterion, which service will the manager provide?

A. Service R
B. Service P
C. Service S
D. Service Q


Question 5

EFG is a small business making raspberry jam to sell at local markets. It has recently been approached by a major supermarket to produce a special order for the supply of lemon curd.
Two of the ingredients required are sugar and preservatives, both of which are in inventory.
The sugar has a historic cost of $4 per kg and a replacement cost of $5. It is in regular use for the production of the raspberry jam.
The factory has switched to organic processes and the preservatives are no longer required.
The historic cost of the preservatives was $3 per kg and the replacement cost is $2.50 per kg.
The preservatives can be re-sold to a local competitor for $1 per kg if they are not used in this order.
Which TWO of the following should be included in determining the relevant cost of the special order?

A. Sugar at $5 per kg
B. Preservatives at $3 per kg
C. Sugar at $4 per kg
D. Preservatives at $2.50 per kg
E. Preservatives at $1 per kg


Solutions:

Question 1
Answer: A
Question 2
Answer: Only visible for members
Question 3
Answer: Only visible for members
Question 4
Answer: C
Question 5
Answer: A,E

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