The CIMA CIMAPRO19-P02-1 - P2 Advanced Management Accounting exam is part of the CIMA Professional Qualification and is designed for candidates who want to build strong management accounting skills for real business decision-making. It focuses on advanced planning, control, and performance analysis across organizational settings. This exam matters because it helps demonstrate your ability to support strategic decisions with accurate financial insight and practical management techniques.
| # | Exam Topics | Sub-Topics | Approximate Weightage (%) |
|---|---|---|---|
| 1 | Managing the Costs of Creating Value | Cost behaviour analysis, cost drivers, cost control methods, value chain considerations | 25% |
| 2 | Capital Investment Decision Making | Investment appraisal, cash flow evaluation, risk-adjusted decisions, project selection techniques | 25% |
| 3 | Managing and Controlling the Performance of Organisational Units | Performance measurement, responsibility centres, variance analysis, divisional control | 25% |
| 4 | Risk and Control | Internal controls, risk assessment, governance principles, control systems monitoring | 15% |
| 5 | Revision | Integrated review, exam technique, scenario practice, final concept reinforcement | 10% |
This exam tests more than memorization. Candidates must show a clear understanding of management accounting concepts, the ability to apply them to business scenarios, and the skill to interpret data for practical decision-making. Strong analytical thinking, accuracy, and time management are essential for success.
QA4Exam.com provides Exam PDF material with actual questions and answers, plus an Online Practice Test designed to mirror the CIMA CIMAPRO19-P02-1 exam format. This gives you a realistic exam simulation so you can build confidence before test day. The questions are updated and verified, helping you study with content that matches the exam focus more closely. You can also practice time management, improve accuracy, and identify weak areas before the real exam. With consistent practice, you can prepare more effectively and target a first-attempt pass.
It is the CIMAPRO19-P02-1 exam within the CIMA Professional Qualification and covers advanced management accounting topics such as cost management, investment decisions, performance control, and risk.
It is intended for candidates pursuing the CIMA Professional Qualification who want to strengthen their ability to support business decisions with management accounting knowledge.
It can be challenging because it requires applied knowledge, not just theory. Candidates must understand concepts well and use them in scenario-based questions.
Braindumps alone are not the best approach. They are most effective when combined with revision and practice so you understand the logic behind the answers and can handle new question formats.
Hands-on experience is helpful, but focused study can still prepare you well. The exam tests practical application, so understanding how concepts work in real business situations is important.
QA4Exam.com helps by giving you updated questions, verified answers, and a practice test that simulates the real exam. This allows you to improve speed, build confidence, and reduce surprises on exam day.
The Exam PDF contains actual questions and answers for review, while the Online Practice Test lets you practice in an exam-like format to strengthen timing and accuracy.
Retake policies depend on the exam provider and testing rules. It is best to review the official CIMA guidance for the most current retake information.
The following cash flows are forecast for a potential investment project.

The cost of capital for the project is 12% per year and the company uses a straight line depreciation policy.
What is the modified internal rate of return (MIRR) of the project?
Give your answer to the nearest whole percentage.
A company is determining the selling price for its new product.
At a selling price of $16 per unit there will be zero demand but for every $1 reduction in the price, demand will increase by 100 units per period.
Production must be in batches of 100 units. The variable cost per unit will be $8 if 400 units are produced in a period. For each additional batch produced in a period the variable cost per unit will increase by $1 per unit for the additional batch only.
No inventories will be held.
Which of the following sales and production volumes will generate the highest contribution per period?
A not-for-profit organization measures performance using the three Es. If the organization has made optimum utilization of available resources then it should be described as:
Which TWO of the following actions taken during the budgetary planning process will result in the creation of budgetary slack?
A company is investing $200,000 in a project which will generate a cash flow of $60,000 each year for five years starting immediately. The company's cost of capital is 7%.
The net present value of the investment to the nearest $100 is $
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