Practice should feel like the real thing. The PC and online versions from TestsDumps simulate the P2 exam environment with intelligent, interactive testing, so you can assess your pace, adjust your timing, and walk into the CIMA Advanced Management Accounting exam already knowing what to expect.
CIMA P2 Exam Overview:
| Certification Vendor: | Chartered Institute of Management Accountants (CIMA) |
|---|---|
| Exam Name: | P2 Advanced Management Accounting |
| Exam Number: | CIMAPRO19-P02-1 |
| Exam Duration: | 90 minutes |
| Related Certifications: | CIMA Professional Qualification – Management Level Advanced Diploma in Management Accounting (CIMA Adv Dip MA) |
| Available Languages: | English |
| Passing Score: | 70% (objective test pass standard) |
| Exam Format: | Computer-based Objective Test, Drag and Drop Questions, Number Entry Questions, Multiple Choice Questions |
| Real Exam Qty: | 60 |
| Sample Questions: |  |
| Exam Way: | 90-minute on-demand computer-based objective test available at Pearson VUE test centres or via remote online proctoring |
| Pre Condition: | Completion of Operational Level is required before attempting Management Level exams. E2, P2, and F2 objective tests must be passed before attempting the Management Case Study exam. |
| Official Syllabus URL: | https://www.aicpa-cima.com/resources/landing/management-level |
CIMA P2 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Risk and control | 15% | - Risk analysis and control systems
|
| Capital investment decision-making | 35% | - Investment appraisal and decisions
|
| Managing and controlling the performance of organisational units | 30% | - Performance management and control
|
| Managing the costs of creating value | 20% | - Cost management and value creation
|
Common Questions About CIMA Advanced Management Accounting and TestsDumps
The CIMA Advanced Management Accounting blueprint breaks down into these main domains:
- Capital investment decision-making (35%)
- Managing and controlling the performance of organisational units (30%)
- Risk and control (15%)
Additional domains follow in the official outline, and our question bank covers every one of them.
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Based on the latest exam information, the P2 exam contains 60 questions and gives you 90 minutes minutes to complete them. Practicing under the same time limit in our PC or online version is a good way to assess your pace before the real thing.
CIMA lists the following prerequisites for the CIMA Advanced Management Accounting: Completion of Operational Level is required before attempting Management Level exams. E2, P2, and F2 objective tests must be passed before attempting the Management Case Study exam..
You can verify the details on the official certification page.
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Because it was built for people with little time to spare. The bank covers the important knowledge points of the current CIMA Advanced Management Accounting blueprint with expert-verified answers, and you study in the format that fits you: a printable PDF you can mark up with a pen, or PC and online versions that simulate the real exam interactively and let you assess your pace. A free demo lets you confirm the quality before you buy, and every purchase includes 365 days of free updates plus a 50% renewal discount afterward.
CIMA Advanced Management Accounting Sample Questions:
Risk management can be represented as a four step process. The four steps, shown randomly, are:
1. Establish appropriate risk management policies.
2. Risks are identified by key stakeholders.
3. Risks are monitored on an ongoing basis.
4. Risks are evaluated according to the likelihood of occurrence and impact on the organization.
Which of the following is the correct order for the four steps?
- A. 1, 2, 4, 3
- B. 1, 2, 3, 4
- C. 2, 4, 1, 3
- D. 2, 1, 4, 3
Correct Answer: C 🗳️
A company has just launched a new product at a selling price that is designed to rapidly gain market share and to discourage other competitors from entering the market.
Which pricing strategy is the company using?
- A. Market skimming
- B. Loss leader
- C. Premium pricing
- D. Penetration pricing
Correct Answer: D 🗳️
S is considering launching a new product.
The variable costs of manufacturing the product will be $6 per unit.
The product must be manufactured in batches of 2,000 units. The machine set up cost for each batch will be $4,000.
Maximum capacity will be 8,000 units each year.
Market research has shown that the unit selling price will affect the demand for the product as follows.
Which unit selling price will maximise annual profit?
- A. $20.00
- B. $11.00
- C. $15.00
- D. $8.00
Correct Answer: C 🗳️
A large manufacturing company sells a range of products. Details of one of these products are as follows.
Each completed batch is delivered immediately in full to the one customer that purchases this product.
The delivery vehicle is currently only 50% full when it makes these deliveries. The customer will accept deliveries of any size.
Managers are considering changing the production batch size to 150 units.
Increased material storage would be needed; this can be rented nearby at a cost of $1,500 per month.
The additional storage facility would enable an increase in the reorder quantity for the materials. As a result a 5% discount would be received on all materials purchased.
Using direct product profitability (DPP), what will be the monthly profit attributable to the product if the production batch size is changed to 150 units?
Give your answer to the nearest whole $.
Correct Answer:
$23780
An 80% learning curve is expected for a repetitive and complex task.
Which of the following statements is correct?
- A. The cumulative average time per unit will reduce by 80% every time the output is doubled.
- B. The cumulative average time per unit will reduce by 20% every time the output is doubled.
- C. Each unit produced will take 20% less time to produce than the previous unit.
- D. Each unit produced will take 80% less time to produce than the previous unit.
Correct Answer: B 🗳️
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