PDF Version DemoCertification exams change, and Getcertkey keeps pace: the CIMAPRO19-P02-1 practice question set is reviewed continuously and updated free of charge for 365 days. Your CIMA Advanced Management Accounting preparation stays aligned with the current exam throughout 2026 and beyond.
CIMA CIMAPRO19-P02-1 Exam Overview:
| Certification Vendor: | CIMA (Chartered Institute of Management Accountants) |
|---|---|
| Exam Name: | Advanced Management Accounting |
| Exam Number: | P2 |
| Available Languages: | English |
| Related Certifications: | CIMA Advanced Diploma in Management Accounting CGMA Professional Qualification - Management Level |
| Exam Duration: | 90 minutes |
| Real Exam Qty: | 60 |
| Passing Score: | 100/150 scaled score |
| Exam Format: | Number Entry, Computer-based Objective Test, Multiple Choice, Multiple Response, Drag and Drop |
| Sample Questions: |  |
| Exam Way: | On-demand computer-based exam available online through remote proctoring or at Pearson VUE test centres worldwide. |
| Pre Condition: | No prerequisite exam for the individual subject. To complete the Management Level and earn the CIMA Advanced Diploma in Management Accounting, candidates must also pass E2, F2 and the Management Case Study examination. |
| Official Syllabus URL: | https://www.aicpa-cima.com/resources/landing/management-level |
CIMA CIMAPRO19-P02-1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Managing and controlling the performance of organisational units | 40% | - Performance management
|
| Risk and control | 20% | - Managing risk and control systems
|
| Capital investment decision making | 20% | - Investment appraisal and project evaluation
|
| Managing the costs of creating value | 20% | - Cost management and cost transformation
|
CIMAPRO19-P02-1 Exam FAQs for 2026 Candidates
Which certification does the CIMAPRO19-P02-1 exam lead to?
The CIMAPRO19-P02-1 exam is the official CIMA (Chartered Institute of Management Accountants) exam behind the CIMA Management certification, validating the skills measured by the CIMA Advanced Management Accounting credential. It sits at the Management Level level of the CIMA (Chartered Institute of Management Accountants) certification program. It also connects to CIMA Advanced Diploma in Management Accounting, CGMA Professional Qualification - Management Level, so the knowledge you build here carries over to those tracks as well.
How many questions are on the CIMAPRO19-P02-1 exam, and how much time do I get?
The CIMAPRO19-P02-1 exam contains 60 questions to be completed within 90 minutes. Before exam day, divide the available time by the question count to work out a comfortable per-question pace, and mark any item that eats into it so you can return later instead of getting stuck. Timed sessions in the Getcertkey test engines make that pacing automatic — run at least two full-length mock exams under the clock so time pressure never becomes the reason you drop points.
Are there any prerequisites for the CIMAPRO19-P02-1 exam?
No prerequisite exam for the individual subject. To complete the Management Level and earn the CIMA Advanced Diploma in Management Accounting, candidates must also pass E2, F2 and the Management Case Study examination. Requirements can change when CIMA (Chartered Institute of Management Accountants) revises its certification program, so confirm the current eligibility rules on the official exam page before you register.
Can I try the CIMAPRO19-P02-1 practice questions before I buy?
Yes. Getcertkey provides a free CIMAPRO19-P02-1 PDF demo so you can review the question style and answer quality before purchasing. Every purchase also includes 365 days of free updates — if CIMA revises the exam during that period, the updated material reaches you at no cost. Once the free-update year ends, you can extend your update service at a 50% discount.
What if I fail the CIMAPRO19-P02-1 exam, and how is my order delivered?
Every CIMA Advanced Management Accounting purchase on Getcertkey is covered by a 100% money-back guarantee with clear conditions: if you take the corresponding exam within 60 days of your purchase and do not pass, you can claim a full refund by submitting a scanned copy of your exam enrollment slip and your official score report as a PDF within two days of the exam date; claims are processed within seven days of submission. The guarantee does not apply to exams taken within three days of purchase, to material that was downloaded but never used in an exam attempt, or to free products and expired orders, and the candidate name must match the payer name. If you would rather not take a refund, you can instead exchange your purchase for two free exam preparation products of equal value and keep the update service on your original product.
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What topics are covered in the CIMAPRO19-P02-1 exam?
The CIMA Advanced Management Accounting exam blueprint is organized into 4 domains. The first three are:
- Risk and control — 20% of the exam
- Capital investment decision making — 20% of the exam
- Managing and controlling the performance of organisational units — 40% of the exam
For the complete domain-by-domain breakdown, scroll up to the full exam topics outline above and use it to plan how you distribute your study time.
CIMA Advanced Management Accounting Sample Questions:
Question #1
A company's competitor has just launched a rival product at a selling price of $38 per unit. Until now the company's selling price of $41.60 per unit has achieved a 30% mark-up on the product's unit cost. The company proposes to use a target costing approach to pricing to remain competitive.
Management has decided to match the competitor's selling price and has set a target cost to achieve a
20% return on the target price.
What is the cost gap?
A. $0.33
B. $1.28
C. $1.60
D. $3.60
Question #2
Company D is about to launch an innovative and unique product which may face direct competition within three years. The company needs to achieve a rapid payback on all investments because it has limited access to external finance.
Which is the most appropriate pricing strategy for company D's new product, and for what reason?
A. Penetration pricing because it can be used to rapidly build sales volume in high growth markets.
B. Penetration pricing because it can be used to rapidly build sales volume in mature markets.
C. Market skimming because it enables high prices to be charged to buyers who want the product as soon as possible.
D. Market skimming because it exploits areas of the market which are sensitive to price.
Question #3
Which of the following is a correct description of the key features of net present value?
A. It adjusts the relevant profits of a project to reflect the time value of money. The discount rate used reflects the risk of the project.
B. It adjusts the relevant cash flows of a project after the deduction of depreciation charges to reflect the time value of money. The discount rate used is always the company's weighted average cost of capital.
C. It adjusts the relevant cash flows of a project to reflect the time value of money. The discount rate used reflects the risk of the project.
D. It adjusts the relevant cash flows of a project to reflect the time value of money. The discount rate used is always the company's weighted average cost of capital.
Question #4
The following data relate to an investment opportunity.
The percentage reduction in the annual revenue that could occur before the project is no longer financially viable is:
A. 28.6%
B. 15.9%
C. 56.0%
D. 212.3%
Question #5
A company operates a divisional structure. The manager of division D receives a bonus based on the division's annual return on capital employed (ROCE).
A minimum ROCE of 20% must be achieved to receive any bonus and thereafter the bonus increases in line with increases in ROCE.
This year division D achieved a ROCE of 24% and the divisional manager received a large bonus.
The manager is considering an investment in a new machine for next year. The incremental ROCE earned by the machine is expected to be 19% although the ROCE for the division as a whole with the machine is expected to be 22%. Without the machine, ROCE is likely to be stable at 24%.
The cost of capital for the company as a whole is 18% per year.
Which of the following statements is correct?
A. The manager will accept the investment because overall the division will earn a ROCE that exceeds the minimum target of 20%.
B. The manager will reject the investment because it will result in a lower bonus than without the investment.
C. The manager will reject the investment because it will result in the receipt of no bonus.
D. The manager will accept the investment because it will earn a ROCE that is higher than the company's cost of capital.
Solutions:
| Question #1 Answer: C | Question #2 Answer: C | Question #3 Answer: C | Question #4 Answer: B | Question #5 Answer: B |
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