CIMA CIMAPRO19-P02-1 Exam : Advanced Management Accounting

  • Exam Code: CIMAPRO19-P02-1
  • Exam Name: Advanced Management Accounting
  • Updated: Oct 11, 2026
  • Q & A: 205 Questions and Answers

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About CIMA CIMAPRO19-P02-1 Exam Questions

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CIMA CIMAPRO19-P02-1 Exam Overview:

Certification Vendor:CIMA (Chartered Institute of Management Accountants)
Exam Name:Advanced Management Accounting
Exam Number:P2
Exam Format:Drag-and-drop, Multiple response, Drop-down selection, Multiple choice, Fill-in-the-blank / Number entry, Computer-based objective test
Certificate Validity Period:Lifetime validity (subject to CIMA continuing professional development requirements)
Exam Duration:90 minutes
Passing Score:100/150 scaled score (~67%)
Related Certifications:E2 Project and Relationship Management
F2 Advanced Financial Reporting
Strategic Level Qualification
Management Case Study
Operational Diploma
Real Exam Qty:60
Exam Price:GBP £225 - £250 / USD $290 - $320 (varies by region)
Available Languages:English
Recommended Training:CIMA Learning Support
CIMA Official Study Materials
Exam Registration:CIMA Official Registration
Pearson VUE Booking
Sample Questions:Free Download real CIMAPRO19-P02-1 actual tests
Exam Way:On-demand computer-based test at Pearson VUE test centres or online proctored exam
Pre Condition:Completion of CIMA Operational Level (E1, P1, F1 + Operational Case Study) or recognized equivalent exemptions; can be taken in any order with E2 and F2
Official Syllabus URL:https://www.cimaqualification.com/qualification/management-level/p2-advanced-management-accounting

CIMA CIMAPRO19-P02-1 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Managing Performance of Organisational Units30%- Responsibility accounting and performance measurement
  • 1. Transfer pricing methods and tax implications
    • 2. Variance analysis and profit reconciliation
      • 3. Behavioural aspects of budgeting and control
        • 4. Divisional performance measures: ROI, RI, EVA
          • 5. Pricing strategies and customer profitability
            Topic 2: Capital Investment Decision Making30%- Investment appraisal techniques
            • 1. Inflation and project risk
              • 2. Discounted cash flow methods: NPV, IRR, MIRR
                • 3. Sensitivity and scenario analysis
                  • 4. Capital rationing and project selection
                    • 5. Relevant cash flows and taxation
                      Topic 3: Managing the Costs of Creating Value25%- Cost planning and analysis
                      • 1. Lean accounting and backflush costing
                        • 2. Throughput accounting
                          • 3. Quality and environmental management accounting
                            • 4. Cost transformation and continuous improvement
                              • 5. Activity-based costing and management
                                Topic 4: Risk and Control15%- Decision-making under uncertainty
                                • 1. Types of risk in medium-term decisions
                                  • 2. Management control systems
                                    • 3. Internal control frameworks
                                      • 4. Probability analysis and expected values
                                        • 5. Corporate governance and ethical considerations

                                          Everything About the CIMAPRO19-P02-1 Exam and Our Materials

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                                          CIMA recommends these official training options:

                                          Match the course to your experience level, then reinforce it with steady question practice.

                                          Currently, the CIMAPRO19-P02-1 exam requires a passing score of 100/150 scaled score (~67%) and carries a registration fee of GBP £225 - £250 / USD $290 - $320 (varies by region). CIMA can revise either figure, so confirm both on the official site before you schedule.

                                          Because every step is built to save time. The CIMAPRO19-P02-1 bank is carefully made — expert-verified answers across the CIMA Advanced Management Accounting objectives, organized for efficient study rather than endless reading. Delivery is instant upon payment, updates are free for 365 days and arrive by email automatically, and our customer service team is online 24 hours to give fast, precise replies whenever a question about the materials comes up. Efficiency is the design goal, from first click to exam day.

                                          The CIMA Advanced Management Accounting blueprint is structured around these main domains:

                                          • Risk and Control (15%)
                                          • Managing the Costs of Creating Value (25%)
                                          • Capital Investment Decision Making (30%)

                                          Further domains complete the official outline; the question bank spans every one.

                                          Per the latest exam information, the CIMAPRO19-P02-1 exam includes 60 questions and allows 90 minutes minutes. Rehearsing under the same limit at home removes one more unknown from exam day.

                                          Upon successful payment, our system automatically emails the product to your mailbox — typically within about a minute — with an instant download link on screen, so you can start studying right away. If nothing arrives within two hours, check your spam folder and contact our 24-hour support team. Installations are unlimited, and your purchase includes 365 days of free updates delivered by email, plus a 50% renewal discount afterward.

                                          CIMA lists these prerequisites for the CIMA Advanced Management Accounting: Completion of CIMA Operational Level (E1, P1, F1 + Operational Case Study) or recognized equivalent exemptions; can be taken in any order with E2 and F2.

                                          Confirm the current requirements on the official certification page before registering.

                                          Registration goes through the official channels below:

                                          Choose a test center or online session that fits your schedule, and book ahead for the best availability.

                                          CIMA Advanced Management Accounting Sample Questions:

                                          Question #1

                                          A Balanced Scorecard is being prepared for a coach passenger transport company. Place the correct perspective of the Balanced Scorecard against each performance measure.

                                          Reveal Solution  Discussion  0

                                          Correct Answer:

                                          Question #2

                                          A company is considering the replacement of its outdated information system.
                                          Which of the following are appropriate approaches for the company to take to assess the potential qualitative benefits of a replacement information system?
                                          (1) Ignore the qualitative benefits that may arise because there is too much subjectivity involved in their assessment.
                                          (2) Attempt to attribute monetary values to each of the qualitative benefits identified.
                                          (3) Acknowledge the existence of qualitative benefits and attempt to assess them in a reasonable manner that is acceptable to all parties.
                                          (4) Attempt to express qualitative benefits in general terms linked to a hierarchy of organizational objectives.

                                          • A. (1), (2) and (3) only
                                          • B. (2), (3) and (4) only
                                          • C. (1), (3) and (4) only
                                          • D. (1), (2) and (4) only
                                          Reveal Solution  Discussion  0

                                          Correct Answer: A  🗳️

                                          Question #3

                                          An organization is considering purchasing a new machine which will cost $600,000. The new machine will generate cost savings of $200,000 each year for five years. The cost of capital is 12%.
                                          The profitability index (PI) for the investment in the new machine is:
                                          Give your answer to one decimal place.

                                          Reveal Solution  Discussion  0

                                          Correct Answer:

                                          1.2, 0.2

                                          Question #4

                                          A project is viable because it has a positive net present value (NPV).
                                          Details of four of the input variables, together with the sensitivity of the viability of the project to a change in each one in isolation, are given below.

                                          Which of the following statements is correct?

                                          • A. If the incremental annual cash contributions reduce by more than 8% then the project will no longer be viable.
                                          • B. If the rate of taxation on profits increases to 40% then the project will no longer be viable.
                                          • C. The resale value at the end of the project is the most sensitive of the four variables.
                                          • D. A 1% change in the initial investment will result in a change of 3% in the NPV.
                                          Reveal Solution  Discussion  0

                                          Correct Answer: A  🗳️

                                          Question #5

                                          A machine requires an initial investment of $500,000. The net present value (NPV) of the investment in the machine is $36,500.
                                          Which of the following statements is correct in relation to the sensitivity of the investment?

                                          • A. The initial investment can increase by no more than 7.3% before the project is not viable.
                                          • B. The NPV can decrease by no more than 13.7% before the project is not viable.
                                          • C. The initial investment can increase by no more than 13.7% before the project is not viable.
                                          • D. The NPV can decrease by no more than 7.3% before the project is not viable.
                                          Reveal Solution  Discussion  0

                                          Correct Answer: A  🗳️

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