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CIMA P1 : Management Accounting

P1

Exam Code: P1

Exam Name: Management Accounting

Updated: Jun 01, 2026

Q & A: 258 Questions and Answers

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About CIMA P1 Exam

What do you learn in P1?

  • Why costing is done and what it is used for, including appropriate costing methods and techniques and where digital costing might be used.
  • How budgets are prepared and implemented across the organisation, the impact these have, and how techniques are applied to ensure sound short term decision making, against a backdrop of risk and uncertainty, by using appropriate risk management tools.

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

Below is the CIMA Operational CIMA P1 Accounting

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

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Understanding function and technical aspects of Prepare information to manage working capital

The following are a part of CIMA P1 practice exams:

  • Identify the impact of changing working capital policies
  • Explain working capital ratios in comparison to prior periods or to other organisations
  • Explain how to manage and control working capital
  • Identify appropriate sources of short-term finance and methods of short-term investments

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