CIMA CIMAPRO19-P02-1 : Advanced Management Accounting

CIMAPRO19-P02-1 real exams

Exam Code: CIMAPRO19-P02-1

Exam Name: Advanced Management Accounting

Updated: Oct 16, 2026

Q & A: 205 Questions and Answers

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About CIMA CIMAPRO19-P02-1 Exam Free Dumps

Good questions come from many sources. The CIMA Advanced Management Accounting set at FreePdfDump pools insight from examiners, former candidates, and buyers — distilled into 205 practice questions by professional experts.

CIMA CIMAPRO19-P02-1 Exam Syllabus Topics:

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

                                          Before You Book the CIMA CIMAPRO19-P02-1 Exam

                                          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 Vendor eligibility rules do evolve, so double-check on the official page (official CIMAPRO19-P02-1 exam page) before you pay the fee.

                                          Yes:

                                          Official courses and our practice set complement each other: learn the theory there, then pressure-test it with the 205 practice questions for the CIMA Advanced Management Accounting.

                                          Files first: as an online product, the CIMA Advanced Management Accounting material is obtainable immediately after ordering — an automatic email lands in your mailbox within a minute, with unlimited installations and 24/7 help if nothing shows up within 2 hours. Failure is covered too: take the corresponding CIMAPRO19-P02-1 exam within 60 days of purchase, and if you don't pass, submit a scanned enrollment slip plus the official Score Report PDF within 2 days of the exam for a full refund processed within 7 days. Exclusions apply — exams within 3 days of purchase, candidate names that don't match the payer, and free or expired products. A free exchange for two equal-value products is the alternative.

                                          Plan on GBP £225 - £250 / USD $290 - $320 (varies by region) per attempt and 100/150 scaled score (~67%) as the pass mark. Since every retake bills again, rehearse with the 205 practice questions from FreePdfDump first — accurate preparation is cheaper than a second registration.

                                          The CIMA Advanced Management Accounting blueprint covers 4 domains — including Risk and Control (15%), Capital Investment Decision Making (30%), Managing Performance of Organisational Units (30%). Treat the weightings as your study budget: heavy domains get heavy hours. The complete outline above lists every subtopic.

                                          90 minutes, 60 questions. Build pace by practicing in short bursts on the FreePdfDump APP, then graduate to full timed simulations in the software engine before test day.

                                          Yes — although online products can't be touched, we offer free demos before you really choose. Download the CIMA Advanced Management Accounting trial, judge the question quality yourself, and remember every purchase includes 365 days of free updates (renewable at half price after that).

                                          The CIMA Advanced Management Accounting is CIMA's exam for the CIMA Advanced Diploma in Management Accounting / CGMA Management Level certification, at the Management Level level — formal proof of professional ability that employers can verify. Related credentials include E2 Project and Relationship Management, F2 Advanced Financial Reporting, Management Case Study, Operational Diploma, Strategic Level Qualification.

                                          Use the vendor's official registration channels:

                                          The CIMA Advanced Management Accounting is delivered On-demand computer-based test at Pearson VUE test centres or online proctored exam, so select the option that fits you when booking.

                                          CIMA Advanced Management Accounting Sample Questions:

                                          Question #1

                                          Which of the following would change if the cost of capital of a proposed project was increased?

                                          • A. Internal rate of return
                                          • B. Payback period
                                          • C. Accounting rate of return
                                          • D. Net present value
                                          Reveal Solution  Discussion  0

                                          Correct Answer: D  🗳️

                                          Question #2

                                          A company has recently developed a new lawnmower with an estimated market life of 5 years.
                                          Production and sale of the lawnmower will require investment in new production equipment costing
                                          $750,000. It is expected that this equipment could be sold back to the original vendor for $50,000 at the end of five years.
                                          Purchase of the equipment would be financed by a 5 year fixed rate bank loan at an interest rate of 6%.
                                          A manager already employed by the company would be moved from their current position to manage production of the new lawnmower. Their original position would be filled by a new recruit on a fixed annual salary of $35,000.
                                          Which of the following statements is NOT correct?

                                          • A. The interest costs on the bank loan are a relevant cash flow in the decision.
                                          • B. If the lawnmower is a failure then management can terminate the project early and sell the equipment, giving them an abandonment option.
                                          • C. Launching a new lawnmower gives an opportunity to launch more new versions and provides a follow-on option.
                                          • D. The salary of the replacement manager is a relevant cash flow in the decision.
                                          Reveal Solution  Discussion  0

                                          Correct Answer: A  🗳️

                                          Question #3

                                          Which of the following is the ideal basis to use for a transfer price when there is a perfect external market?

                                          • A. Market price
                                          • B. Actual variable cost
                                          • C. Full cost plus
                                          • D. Standard variable cost
                                          Reveal Solution  Discussion  0

                                          Correct Answer: A  🗳️

                                          Question #4

                                          Which of the following statements are correct with regard to responsibility centres?
                                          Select ALL that apply.

                                          • A. Revenue centre managers have a lower level of decision-making authority than profit centre managers.
                                          • B. Managers of profit centres have authority over the level of investment in working capital but managers of cost centres do not.
                                          • C. Investment centre managers have a higher level of managerial authority than profit centre managers.
                                          • D. Profit centre managers and investment centre managers are responsible for the majority of operating costs incurred.
                                          • E. Revenue centre managers and profit centre managers are accountable for controllable costs only.
                                          Reveal Solution  Discussion  0

                                          Correct Answer: A,C,D  🗳️

                                          Question #5

                                          Which of the following statements is correct in respect of the key feature of dual pricing?

                                          • A. The selling price recorded by the selling division is higher than the cost recorded by the receiving division.
                                          • B. Internal customers are offered trade discounts depending on the number of units they purchase.
                                          • C. Internal customers are charged a lower price than external customers to reflect savings in distribution costs.
                                          • D. Internal transfers are priced at marginal cost and a lump sum payment is made subsequently to contribute to fixed costs.
                                          Reveal Solution  Discussion  0

                                          Correct Answer: A  🗳️

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