CIMA CIMAPRO19-P02-1 Exam : Advanced Management Accounting

CIMA CIMAPRO19-P02-1 exam
  • Exam Code: CIMAPRO19-P02-1
  • Exam Name: Advanced Management Accounting
  • Updated: Oct 17, 2026
  • Q & A: 205 Questions and Answers
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About CIMA CIMAPRO19-P02-1 Exam Questions

Short on study time before your CIMAPRO19-P02-1 exam? The 205 practice questions at PassExamDumps concentrate your effort on exactly what the CIMA Advanced Management Accounting exam measures, and every set is kept current for 2026.

CIMA CIMAPRO19-P02-1 Exam Overview:
Certification Vendor:CIMA (Chartered Institute of Management Accountants)
Exam Name:Advanced Management Accounting (P2)
Exam Number:CIMAPRO19-P02-1
Related Certifications:CGMA Designation
CIMA Certificate in Business Accounting (Cert BA)
Exam Format:Computer-based Objective Test (OT), Multiple-choice and objective test questions
Exam Price:Varies by region (~USD 150–200 equivalent)
Exam Duration:90 minutes
Real Exam Qty:60 (Objective Test questions)
Passing Score:100/150 (scaled score)
Available Languages:English
Certificate Validity Period:No expiry for passed exam within qualification framework; subject to CIMA syllabus updates
Recommended Training:BPP CIMA Training
Kaplan CIMA Exam Prep
Exam Registration:CIMA Official Registration Portal
Pearson VUE Exam Booking
Sample Questions:Free Download Pass CIMAPRO19-P02-1 Exam Cram
Exam Way:Computer-based exam delivered via Pearson VUE test centers and online proctoring (where available)
Pre Condition:Completion of CIMA Certificate in Business Accounting (Cert BA) or equivalent foundational knowledge
Official Syllabus URL:https://www.aicpa-cima.com/cimaexams
CIMA CIMAPRO19-P02-1 Exam Syllabus Topics:
SectionObjectives
Budgeting and Control- Variance analysis and performance management
  • 1. Performance evaluation techniques
    • 2. Fixed vs flexible budgets
      - Budgeting systems
      • 1. Rolling budgets
        • 2. Incremental vs zero-based budgeting
          Risk and Uncertainty- Risk management techniques
          • 1. Simulation and scenario analysis
            - Decision making under risk
            • 1. Expected value and probability analysis
              • 2. Sensitivity analysis
                Cost Accounting Systems- Standard costing and variance analysis
                • 1. Planning vs operational variances
                  • 2. Material, labour, and overhead variances
                    - Activity-based costing (ABC)
                    • 1. Cost drivers and allocation
                      • 2. ABC applications in decision making
                        Short-term Decision Making- Pricing decisions
                        • 1. Cost-volume-profit analysis
                          • 2. Marginal costing approaches
                            - Relevant costing
                            • 1. Make or buy decisions
                              • 2. Limiting factor analysis

                                Frequently Asked Questions About CIMA Advanced Management Accounting

                                The CIMA Advanced Management Accounting exam (exam code CIMAPRO19-P02-1) is the official CIMA exam that leads to the CIMA Professional Qualification (CGMA) certification, sitting at the Operational Level level of the CIMA certification track. It is also connected with CIMA Certificate in Business Accounting (Cert BA), CGMA Designation. If this is the credential you are working toward, the 205 practice questions at PassExamDumps map directly to its objectives.

                                The CIMA Advanced Management Accounting exam includes 60 (Objective Test questions) questions, and you have 90 minutes to complete them. Divide the time limit by the question count and you get a tight average pace per item, so train yourself to flag time-consuming questions and return to them later instead of getting stuck. Before test day, run at least one full timed session in the PassExamDumps test engine under the same limits — the clock should never surprise you.

                                The passing score for CIMA Advanced Management Accounting is 100/150 (scaled score), and the official registration fee is Varies by region (~USD 150–200 equivalent). A failed attempt means paying that fee in full again, so your preparation budget deserves the same attention as your study plan. A practical rule: book your exam date only after you can finish a PassExamDumps practice test comfortably above the passing score more than once.

                                According to CIMA, candidates should meet the following before registering: Completion of CIMA Certificate in Business Accounting (Cert BA) or equivalent foundational knowledge. Requirements can change, so confirm the latest details on the official exam page before you register.

                                You can register for the CIMA Advanced Management Accounting exam through the official channels below:

                                Exam delivery: Computer-based exam delivered via Pearson VUE test centers and online proctoring (where available).

                                CIMA lists the following official training options for this exam:

                                Formal training builds the theory; pair it with the 205 practice questions from PassExamDumps to find out whether you are genuinely ready for the exam.

                                Yes. A free PDF demo of the CIMAPRO19-P02-1 practice questions is available to download, so you can judge the format and quality before paying anything. Every purchase also includes 365 days of free updates, and if your product expires you can extend the update service at a 50% discount.

                                Your order is covered by a conditional 100% money-back guarantee: if you take the corresponding exam within 60 days of purchase and do not pass, you may apply for a full refund. Exams taken within 3 days of purchase are not eligible, nor are free materials or expired orders, and the candidate name must match the payer name. To claim, submit a scanned enrollment slip and your official Score Report PDF within 2 days of the exam; claims are processed within 7 days. Prefer to keep studying? You can instead exchange your purchase for two free products of equal value while keeping the update service on your original one. Delivery itself is immediate: your product unlocks for instant download right after payment and a copy is emailed to you within a minute — if nothing arrives within 2 hours, contact our support team. There is no limit on the number of computers you can install it on.

                                The CIMA Advanced Management Accounting blueprint is divided into 4 major domains, starting with Risk and Uncertainty, Short-term Decision Making, and Cost Accounting Systems. The full breakdown, including every subdomain and its weighting, is listed in the Exam Topics section above — review it against your own weak areas before scheduling the exam.

                                CIMA Advanced Management Accounting Sample Questions:
                                Question #1

                                Which of the following statements are fundamental concepts that underlie the Beyond Budgeting approach?
                                1. Use traditional budgeting in conjunction with other techniques.
                                2. Use adaptive management processes rather than the more rigid annual budget.
                                3. Move towards devolved networks rather than centralized hierarchies.
                                4. Move towards centralized hierarchies rather than devolved networks.

                                • A. Statements 1 and 2 apply.
                                • B. Statements 1, 2 and 3 apply.
                                • C. Statements 2 and 3 apply.
                                • D. Statements 2, 3 and 4 apply.
                                Reveal Solution  Discussion  0

                                Correct Answer: C  🗳️

                                Question #2

                                An 80% learning curve is expected for a repetitive and complex task.
                                Which of the following statements is correct?

                                • A. Each unit produced will take 80% less time to produce than the previous unit.
                                • B. The cumulative average time per unit will reduce by 20% every time the output is doubled.
                                • C. The cumulative average time per unit will reduce by 80% every time the output is doubled.
                                • D. Each unit produced will take 20% less time to produce than the previous unit.
                                Reveal Solution  Discussion  0

                                Correct Answer: B  🗳️

                                Question #3

                                Which of the following statements is correct?

                                • A. Uncertainty cannot be quantified and probabilities can be assigned reliably to the possible outcomes.
                                • B. Uncertainty can be quantified and probabilities can be assigned reliably to the possible outcomes.
                                • C. Risk cannot be quantified and probabilities cannot be assigned reliably to the possible outcomes.
                                • D. Risk can be quantified and probabilities can be assigned reliably to the possible outcomes.
                                Reveal Solution  Discussion  0

                                Correct Answer: D  🗳️

                                Question #4

                                Which of the following statements about the use of traditional budgeting compared with a beyond budgeting approach is correct?

                                • A. If the organization's culture is such that a top down budgeting system is desired then this is better achieved by adopting beyond budgeting rather than traditional budgeting.
                                • B. If there is a dynamic external environment with fast moving opportunities, beyond budgeting will inhibit the organization's ability to take advantage of these opportunities whereas traditional budgeting will not.
                                • C. If the organization's products are subject to rapid technological change, beyond budgeting would allow managers to respond more quickly than under traditional budgeting.
                                • D. If the organization has devolved decision making, beyond budgeting is not appropriate because it does not allow the same level of empowerment as traditional budgeting.
                                Reveal Solution  Discussion  0

                                Correct Answer: C  🗳️

                                Question #5

                                Which TWO of the following are reasons why cost-based approaches to transfer pricing are often used in practice?

                                • A. Because the external market is imperfect.
                                • B. The buying division will want to maximize its profits.
                                • C. The transferring division will want to maximize its profits.
                                • D. The approach allows the organization to cover all the costs.
                                • E. Because there is often no external market for the product that is being transferred.
                                Reveal Solution  Discussion  0

                                Correct Answer: A,E  🗳️

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