CIMA P1

From a free demo to 365 days of free updates and a conditional money-back guarantee, Dumpkiller covers every stage of your CIMA Management Accounting preparation. Start with the 258 P1 practice questions today and make 2026 the year you get certified.

CIMA P1 Exam Overview:

CIMA P1 Exam Syllabus Topics:

Your P1 Exam Questions, Answered

What is the P1 exam all about?

The CIMA Management Accounting exam (code: P1) is the official CIMA exam that leads to the CIMA Operational certification. It sits at the Operational Level (Professional Qualification) level of the CIMA certification track. It is also connected with related credentials such as CIMA E1, CIMA F1, Operational Case Study (OCS), CIMA Diploma in Management Accounting. Passing it proves to employers that your skills have been validated by CIMA itself, which is why the P1 credential keeps showing up in job postings.

How many questions are in the P1 exam, and how long does it take?

The CIMA Management Accounting exam gives you 90 minutes to work through 60. Pacing matters more than most candidates expect, so before exam day, run at least one full timed session in the Dumpkiller test engine to learn how long you can afford per question. If an item stalls you, flag it and move on — coming back later beats burning five minutes on a single question.

What score do I need to pass the P1 exam, and how much does it cost?

The passing score for the CIMA Management Accounting exam is Scaled 100/150 (approximately 67%), and the official registration fee is Varies by region (official exam fees charged by CIMA/Pearson VUE). Remember that a failed attempt means paying that fee in full again, so a timed self-assessment with Dumpkiller practice questions about a week before your exam date is a cheap way to confirm you are scoring comfortably above Scaled 100/150 (approximately 67%).

Are there any prerequisites for the P1 exam?

According to CIMA, the following applies: No formal prerequisite beyond CIMA student registration; exemption options may apply based on prior qualifications.. Certification policies do change from time to time, so confirm the latest requirements on the official exam page at https://www.aicpa-cima.com before you register.

Can I try the P1 practice questions before buying?

Yes. Dumpkiller offers a free P1 PDF demo so you can review the question style, difficulty, and explanations before committing to anything. After purchase, your CIMA Management Accounting material includes 365 days of free updates, and if your product expires after that, you can extend the update service at a 50% discount from your member zone.

What happens if I do not pass the P1 exam, and how is my order delivered?

If you take the corresponding P1 exam within 60 days of your purchase and do not pass, you can apply for a full refund under our 100% Money Back Guarantee, subject to a few conditions: the failed exam must be the one matching your purchase; sitting the exam within 3 days of purchase does not qualify, since that leaves too little preparation time; downloading the material without actually taking the exam does not qualify; free materials and expired orders are excluded; and the candidate name must match the payer name. To apply, send a scanned copy of your enrollment slip together with your official Score Report (PDF) within 2 days after the exam, and claims are processed within 7 days. If you would rather not take a refund, you can exchange your purchase for two free products of equal value while keeping the update service on the product you originally bought. As for delivery, everything is an instant download: your products are sent to your email within one minute of payment — contact customer service if nothing arrives within 2 hours — and there is no limit on the number of computers you can install the software on.

What topics are covered in the P1 exam?

The official CIMA Management Accounting syllabus is organized into 4 main domains. The first three are Budgeting and Budgetary Control (25%), Dealing with Uncertainty in the Short Term (15%), and Short-Term Commercial Decision Making (30%). For the full domain-by-domain breakdown, see the complete Exam Topics outline above.

CIMA Management Accounting Sample Questions:

Question 1

A company is bidding to win a special contract.
Which of the following is NOT a relevant cost to the company of undertaking the contract?

A. The cost of a training course for staff which will be undertaken if the contract is won.
B. The depreciation charge on the tools which will be used during the contract.
C. The cost of hiring a machine which will be hired if the contract is won.
D. The purchase cost of direct materials not currently in inventory.

Question 2

A company manufactures a single product. The cost card for a unit of this product is as follows:
During month 6, finished goods inventory increased by 350 units.

By how much would the profit differ in month 6 if finished goods inventory was valued at standard marginal cost rather than standard absorption cost?

A. $2,450 lower
B. $2,450 higher
C. $1,050 lower
D. $1,050 higher

Question 3

Select the benefits to a company of using sensitivity analysis in investment appraisal.
(Select all the true statements.)

A. Sensitivity analysis enables risk management strategies to be put in place to focus on those variables of special significance.
B. Sensitivity analysis enables a company to assess the risk associated with a project.
C. Sensitivity analysis enables identification of fixed costs that are of special significance.
D. Sensitivity analysis enables a company to determine the effect of changes to variables on the planned outcome.

Question 4

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. (1) and (2) are incorrect.
D. No. (2) is incorrect No. (1) is incorrect

Question 5

The following extract from a decision tree has been prepared for a decision that is to be made to choose between options P, Q and R.

What is the maximum expected value of profit at decision point Z?

A. $6 million
B. $4 million
C. $2.4 million
D. $36 million

Solutions: