Three versions, one standard of quality: the CIMA Advanced Management Accounting package from LatestCram comes as a printable PDF, a Windows test engine, and an online version that candidates increasingly prefer for studying on any device. All carry the same CIMAPRO19-P02-1 questions.
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 |
| Exam Format: | Multiple-choice and objective test questions, Computer-based Objective Test (OT) |
| Related Certifications: | CIMA Certificate in Business Accounting (Cert BA) CGMA Designation |
| Exam Price: | Varies by region (~USD 150–200 equivalent) |
| Exam Duration: | 90 minutes |
| Passing Score: | 100/150 (scaled score) |
| Real Exam Qty: | 60 (Objective Test questions) |
| Certificate Validity Period: | No expiry for passed exam within qualification framework; subject to CIMA syllabus updates |
| Available Languages: | English |
| Recommended Training: | BPP CIMA Training Kaplan CIMA Exam Prep |
| Exam Registration: | Pearson VUE Exam Booking CIMA Official Registration Portal |
| Sample Questions: |  |
| 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:
| Section | Objectives |
|---|---|
| Budgeting and Control | - Variance analysis and performance management
|
| Risk and Uncertainty | - Decision making under risk
|
| Cost Accounting Systems | - Activity-based costing (ABC)
|
| Short-term Decision Making | - Pricing decisions
|
Frequently Asked Questions: CIMA Advanced Management Accounting
CIMA Advanced Management Accounting is an official CIMA (Chartered Institute of Management Accountants) certification exam, registered under the code CIMAPRO19-P02-1. Passing it awards the CIMA Professional Qualification (CGMA) certification, a credential at the Operational Level level. It also connects to CIMA Certificate in Business Accounting (Cert BA), CGMA Designation. The exam is demanding by design, and that difficulty is precisely what makes the credential meaningful for career development.
The CIMA Advanced Management Accounting exam presents 60 (Objective Test questions) questions within 90 minutes. That is a brisk pace, and the candidates who handle it best are the ones who rehearsed it. Use the LatestCram engine for full timed simulations, practice flagging and returning, and arrive on exam day with a pacing strategy already proven.
Passing CIMA Advanced Management Accounting takes 100/150 (scaled score), and official registration costs Varies by region (~USD 150–200 equivalent). Retakes bill the full Varies by region (~USD 150–200 equivalent) again, so preparation is the least expensive insurance available. Let your LatestCram practice scores guide the timing: book when you clear the requirement consistently, not occasionally.
Completion of CIMA Certificate in Business Accounting (Cert BA) or equivalent foundational knowledge
Policies get revised, so confirm the current requirements before you register on the official exam page.
CIMA Advanced Management Accounting registration is handled through the official channels below.
For scheduling purposes: the exam is delivered Computer-based exam delivered via Pearson VUE test centers and online proctoring (where available).
Yes, CIMA (Chartered Institute of Management Accountants) recommends the following training for CIMA Advanced Management Accounting candidates.
Complement any training with the 205 practice questions in the LatestCram CIMAPRO19-P02-1 package, because repeated application is what turns course knowledge into a passing score.
Yes. LatestCram offers a free demo of the CIMA Advanced Management Accounting questions, so you can verify the quality personally before purchasing. Your purchase then includes a one-year service warranty: updates are free for 365 days, and after expiry you can extend the update service at a 50% discount.
Your money is protected by a 100% money-back guarantee with defined conditions. Take the CIMA Advanced Management Accounting exam within 60 days of purchase; if you fail, you may claim a full refund, provided the exam matches your product. Attempts within 3 days of purchase are ineligible, as are downloaded-but-unused products, free materials, and expired orders; the candidate name must match the payer name. Submit a scanned enrollment slip and the official Score Report PDF within 2 days of the exam, and claims are processed within 7 days. You may instead wait for the update version or change to other exam material: exchange for two other exam products of equal value, free, with your original purchase keeping its update service.
Delivery is instant: files unlock for download at payment and are emailed within one minute. If nothing arrives within 2 hours, check spam and contact customer service, online 7/24 even on official holidays. Installation is unlimited across your computers.
CIMA Advanced Management Accounting is organized into 4 official domains. The most heavily weighted are Budgeting and Control, Short-term Decision Making, and Risk and Uncertainty. The full breakdown appears above on this page; study the weightings and your preparation priorities set themselves.
CIMA Advanced Management Accounting Sample Questions:
Which of the following activities are included within activity based management (ABM)?
1. Cost reduction
2. Product design decisions
3. Variance analysis
4. Operational control
5. Performance evaluation
- A. 3, 4 and 5 only.
- B. 1, 2 , 4 and 5 only.
- C. 1, 3, 4 and 5 only
- D. All of them.
Correct Answer: B 🗳️
There is a 60% probability of a project yielding a positive net present value (NPV) of $280,000 and a 30% probability of it yielding a positive NPV of $140,000.
The only other possible outcome is that the project will yield a negative NPV of $160,000.
What is the expected value of the project's NPV?
- A. $280,000
- B. $260,000
- C. $194,000
- D. $210,000
Correct Answer: C 🗳️
ZZZ is a divisionalised company that uses the balanced scorecard approach to monitor divisional performance. Each measure on the scorecard is classified as green (if they are better than expected), amber (if expectations have been met) or red (if they are poorer than expected).
The Southern Division's scorecard shows that 90% of the measures are amber, 3% are green and 7% are red.
All of the red classifications are listed under the Learning and Growth perspective and have arisen largely because the division has lost a lot of staff to a major competitor who offered a better rate of pay.
Which THREE of the following statements are correct?
- A. The numbers for the measures that have been classified as red and green are not necessarily indicative of overall performance.
- B. The Southern Division's managers should be reprimanded for having only a small proportion of green classifications.
- C. The Southern Division's managers should be reprimanded for having red classifications.
- D. The Southern Division's managers should be asked to provide a commentary on the scorecard.
- E. The Southern Division's financial performance is acceptable.
Correct Answer: A,D,E 🗳️
Company TTM has the opportunity to invest $60,000 in a project. The project is anticipated to produce annual returns of $12,500 each year for 8 years. The cost of capital is 12%.
What is the net present value of the project? Give your answer to the nearest whole number.
Correct Answer:
$2100
A very large organization is financed by both debt and equity. It evaluates all projects on the basis of their net present value (NPV) using an organization wide weighted average cost of capital as the discount rate.
For a small project, which TWO of the following would affect the project's cash flows AND the discount rate?
- A. The project's terminal value
- B. Changes in working capital
- C. Inflation rates
- D. Depreciation rates
- E. Taxation rates
Correct Answer: C,E 🗳️
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