Weekend Sale - Limited Time 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: xmaspas7

Easiest Solution 2 Pass Your Certification Exams
  1. Home
  2. CIMA
  3. CIMA Operational
  4. P1 - Management Accounting

CIMA P1 Practice Test Questions Answers

Exam Code: P1 (Updated 260 Q&As with Explanation)
 Exam Name: Management Accounting
 Last Update: 16-Jul-2025
 Demo:  Download Demo

PDF + Testing Engine
Testing Engine
PDF
$74.7   $249
$67.5   $225
$59.7   $199
 Add To Cart
 Add To Cart
 Add To Cart

Questions Include:

  • Single Choice: 155 Q&A's
  • Multiple Choice: 48 Q&A's
  • Hotspot: 1 Q&A's
  • Drag Drop: 16 Q&A's

    • P1 Overview

    Top Vendors

    Checkpoint
    CompTIA
    Fortinet
    HP
    IIA
    Isaca
    Linux Foundation
    Microsoft
    Salesforce
    SAP
    Amazon Web Services
    Splunk
    MuleSoft
    Nutanix
    IFSE Institute

    Other CIMA Exams

    CIMA Related Exams

    Reliable Solution To Pass P1 CIMA Operational Certification Test

    Our easy to learn P1 Management Accounting questions and answers will prove the best help for every candidate of CIMA P1 exam and will award a 100% guaranteed success!

    Why P1 Candidates Put Solution2Pass First?

    Solution2Pass is ranked amongst the top P1 study material providers for almost all popular CIMA Operational certification tests. Our prime concern is our clients’ satisfaction and our growing clientele is the best evidence on our commitment. You never feel frustrated preparing with Solution2Pass’s Management Accounting guide and P1 dumps. Choose what best fits with needs. We assure you of an exceptional P1 Management Accounting study experience that you ever desired.

    A Guaranteed CIMA P1 Practice Test Exam PDF

    Keeping in view the time constraints of the IT professionals, our experts have devised a set of immensely useful CIMA P1 braindumps that are packed with the vitally important information. These CIMA P1 dumps are formatted in easy P1 questions and answers in simple English so that all candidates are equally benefited with them. They won’t take much time to grasp all the CIMA P1 questions and you will learn all the important portions of the P1 Management Accounting syllabus.

    Most Reliable CIMA P1 Passing Test Questions Answers

    A free content may be an attraction for most of you but usually such offers are just to attract people to clicking pages instead of getting something worthwhile. You need not surfing for online courses free or otherwise to equip yourself to pass P1 exam and waste your time and money. We offer you the most reliable CIMA P1 content in an affordable price with 100% CIMA P1 passing guarantee. You can take back your money if our product does not help you in gaining an outstanding P1 Management Accounting exam success. Moreover, the registered clients can enjoy special discount code for buying our products.

    CIMA P1 CIMA Operational Practice Exam Questions and Answers

    For getting a command on the real CIMA P1 exam format, you can try our P1 exam testing engine and solve as many P1 practice questions and answers as you can. These CIMA P1 practice exams will enhance your examination ability and will impart you confidence to answer all queries in the CIMA P1 Management Accounting actual test. They are also helpful in revising your learning and consolidate it as well. Our Management Accounting tests are more useful than the VCE files offered by various vendors. The reason is that most of such files are difficult to understand by the non-native candidates. Secondly, they are far more expensive than the content offered by us. Read the reviews of our worthy clients and know how wonderful our Management Accounting dumps, P1 study guide and P1 Management Accounting practice exams proved helpful for them in passing P1 exam.

    All CIMA Operational Related Certification Exams

    E1 Dumps
    Managing Finance in a Digital World
    Total Questions: 336
    Updated: 16-Jul-2025
    Buy Now
    F1 Dumps
    Financial Reporting
    Total Questions: 248
    Updated: 16-Jul-2025
    Buy Now

    P1 Questions and Answers

    Question # 1

    How would the cost of recycling scrap be classified in an environmental costing system?

    A.

    Environmental internal failure cost

    B.

    Environmental appraisal cost

    C.

    Environmental prevention cost

    D.

    Environmental external failure cost

    Question # 2

    JRL manufactures two products from different combinations of the same resources. Unit selling prices and unit cost details for each product are as follows:

    * Refer to your answer in the previous question.

    The optimal solution to the previous question shows that the shadow prices of skilled labour and direct material A are as follows:

    Skilled labour $ Nil Direct Material A $11.70

    Explain the relevance of these values to the management of JRL.

    Select ALL the true statements.

    A.

    The shadow price equals the additional contribution that would be earned from one extra unit of a scarce resource.

    B.

    In a situation such as this, where a number of resources are scarce, the shadow price of any particular scarce resource will depend on whether or not the resource is not binding.

    C.

    The shadow price for skilled labour is NIL because although there is a shortage of skilled labour it does have a constraining effect on output of JR as other resources are more scarce.

    D.

    Since material A is one of the binding constraints, if the availability of material A could be increased by one unit, this would change the optimal plan.

    E.

    The decrease in contribution as a result of this change is the value of the shadow price of material A. The shadow price thus represents the maximum premium that should be paid for an additional unit of material A.

    Question # 3

    You are a trainee management accountant working for a prestigious manufacturing firm. One day you go to a business meeting a business meeting and the managing director is there. They stand up and say that the

    company is losing too much money through wastage and losses and so they have decided to implement a total quality management system. They go on to say this system will:

    1:Allow the company to improve on a consistent and continual basis

    2:Allow the company to identify and allocate quality accountability to certain departments

    3:Help the company detect error and fraud

    Are ALL of these statements correct?

    A.

    No. (2) is incorrect No. (1) is incorrect

    B.

    Yes. They ore all correct

    C.

    No. (1) and (2) are incorrect.

    D.

    No. (3) and (2) are incorrect.

    Question # 4

    Which one of the following would NOT be included in a decision to close a division of an organization?

    A.

    Head office overheads absorbed on the basis of the number of units produced

    B.

    Sale of unwanted non-current assets

    C.

    Redundancy pay for employees of the division

    D.

    Fixed costs directly attributable to the division

    Question # 5

    A company has only 10,100 hours of skilled labour available next period.

    Data for its three products for next period are as follows.

    At least 500 units of each product must be sold each period.

    No inventories are held.

    How many units of Product X should be manufactured next period in order to maximise profit?

    Free P1 CIMA Exam Questions 6 to 25
    Free P1 CIMA Exam Questions 26 to 45
    Free P1 CIMA Exam Questions 46 to 65
    Free P1 CIMA Exam Questions 66 to 83
    Copyright © 2014-2025 Solution2Pass. All Rights Reserved