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CIMA CIMAPRO19-P02-1 : Advanced Management Accounting
- Exam Code: CIMAPRO19-P02-1
- Exam Name: Advanced Management Accounting
- Updated: Oct 10, 2026 Q&As: 205 Questions and Answers
About CIMA CIMAPRO19-P02-1 Exam
Good practice material does more than quiz you — it consolidates your IT knowledge into something usable. The CIMAPRO19-P02-1 question bank at TorrentVCE is built for exactly that, with expert-verified answers aligned to the CIMA Advanced Management Accounting blueprint.
CIMA CIMAPRO19-P02-1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Risk and control | 20% | - Managing risk and control systems
|
| Capital investment decision making | 20% | - Investment appraisal and project evaluation
|
| Managing and controlling the performance of organisational units | 40% | - Performance management
|
| Managing the costs of creating value | 20% | - Cost management and cost transformation
|
Key Facts About the CIMAPRO19-P02-1 Exam and TorrentVCE's Service
The current exam information lists 60 questions for the CIMAPRO19-P02-1 exam, with 90 minutes minutes allowed. Practicing against the clock at home builds the pacing habits that exam day rewards.
The CIMA Advanced Management Accounting blueprint covers these main domains:
- Risk and control (20%)
- Capital investment decision making (20%)
- Managing the costs of creating value (20%)
Additional domains complete the official outline, and our bank covers the full range.
Your money is protected by clear conditions. If you fail the corresponding exam within 60 days of purchase, send us a scanned copy of your enrollment slip and your official Score Report PDF within two days of the exam date; verified claims receive a full refund within seven days. The exclusions: exams taken within three days of purchase, a candidate name that does not match the payer, and free or expired products. If you prefer, we can exchange your product for two others of equal value instead.
CIMA lists the following prerequisites for the CIMA Advanced Management Accounting: 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..
Check the official certification page for the latest requirements before booking.
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CIMA Advanced Management Accounting Sample Questions:
Question #1
A product requires one each of three different components.
Faulty components are identified only at the end of the manufacturing process.
The following average fault rates have been identified:
Component A - 1 in 100
Component B - 1 in 20
Component C - 1 in 10
The probability that a unit of finished product contains no faulty components is:
- A. 0.84645
- B. 0.00005
- C. 0.99231
- D. 0.97692
Correct Answer: A 🗳️
Question #2
The following information is available for four investment projects:
A discount rate of 12% is appropriate for all four projects. The organization is subject to capital rationing and wishes to prioritise the projects using the profitability index (PI).
Which project has the highest PI?
- A. Project C
- B. Project D
- C. Project A
- D. Project B
Correct Answer: D 🗳️
Question #3
An organization wishes to achieve cost reductions for a product it already has in production without affecting the customer's perception of the product.
It has decided to carry out a systematic examination of the factors affecting the cost of the product in order to identify ways of achieving the specified purpose at lower cost while maintaining the required standard and quality.
Which of the following correctly identifies the activity that the organization is undertaking?
- A. Process innovation
- B. Standard costing
- C. Kaizen costing
- D. Value analysis
Correct Answer: D 🗳️
Question #4
SQ has the opportunity to invest in project X. The net present value for project X is $12,600. Cash inflows occur in years 1, 2 and 3. The company's cost of capital is 14%.
Calculate the annualized equivalent annuity of project X.
Give your answer to the nearest whole $.
Correct Answer:
$5429
Question #5
Which TWO of the following statements are correct?
- A. Price is the only factor affecting the demand for products and services.
- B. Loss leadership pricing is appropriate for a new product which is not part of a range of products.
- C. It is worthwhile for a company to sell further units when the marginal revenue is greater than the marginal cost.
- D. Demand functions can be predicted accurately and the relationship between price and quantity demanded is always constant.
- E. Premium pricing is possible when there is a measure of product or service differentiation.
Correct Answer: C,E 🗳️
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