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Free first, decide later. ActualTestsIT's P2 demo delivers genuine CIMA Advanced Management Accounting sample questions instantly — proof of what 205 practice questions are worth before money enters the conversation.

CIMA P2 Exam Overview:

Certification Vendor:CIMA (AICPA & CIMA)
Exam Name:Advanced Management Accounting
Exam Number:P2
Available Languages:English
Exam Format:Objective Test (OT), Multiple-choice questions, Computer-based exam
Exam Duration:90 minutes
Passing Score:100/150 (scaled score)
Related Certifications:CIMA Certificate in Business Accounting
CIMA Management Level
CGMA Designation
CIMA Operational Level
Real Exam Qty:60 objective test questions
Certificate Validity Period:No expiry for individual passed exam credits within CIMA qualification progression
Exam Price:Varies by region (approx. £116–£180 per exam)
Recommended Training:CIMA Official Study Resources
Kaplan CIMA P2 Preparation
BPP CIMA Training
Exam Registration:Pearson VUE Exam Booking
CIMA Official Registration Portal
Sample Questions: DOWNLOAD DEMO
Exam Way:Computer-based exam delivered at Pearson VUE test centres or via remote online proctoring (where available)
Pre Condition:No formal prerequisite within the Operational Level, but candidates typically complete or are exempt from CIMA Certificate in Business Accounting before progressing. Must complete or be working through Operational Level papers.
Official Syllabus URL:https://www.aicpa-cima.com/cimaexams

CIMA P2 Exam Syllabus Topics:

SectionObjectives
Budgeting and Forecasting- Beyond budgeting concepts
- Rolling forecasts
- Budgeting systems and processes
Performance Management- Balanced scorecard
- Variance analysis and interpretation
- Divisional performance and transfer pricing
Cost Accounting Systems and Techniques- Absorption and marginal costing
- Learning curves
- Activity-based costing (ABC)
- Standard costing and variance analysis
Risk and Uncertainty- Sensitivity analysis
- Probability and expected values
- Decision trees
Short-term Decision Making- Make or buy decisions
- Relevant costing
- Cost-volume-profit (CVP) analysis
- Limiting factors and linear programming

CIMA P2 FAQ — Everything to Know Before You Register

The P2 exam is CIMA's official assessment for the CIMA Professional Qualification (CGMA) certification, which sits at the Operational Level (Management Accounting) level. It verifies that you can work with the CIMA Advanced Management Accounting skill set the way real jobs demand — not merely recognize the terminology. It also belongs to a certification family that includes CIMA Certificate in Business Accounting, CIMA Operational Level, CIMA Management Level, CGMA Designation, so passing it strengthens your position across multiple career paths. For newcomers and veterans alike, the P2 exam is the kind of credential that converts effort into evidence.

The CIMA Advanced Management Accounting blueprint contains 5 domains, beginning with Cost Accounting Systems and Techniques, Risk and Uncertainty, and Short-term Decision Making. Use the weightings like a map of where the points live — the heaviest domains earn the largest share of your study hours. The complete topic list is in the exam topics section above; study against it, and nothing in the exam will feel unannounced.

You're looking at 60 objective test questions questions inside 90 minutes on the CIMA Advanced Management Accounting exam. Do the division now and memorize your per-question budget; on exam day, anything that blows its budget gets flagged and revisited with leftover time. Timed practice is what makes this instinctive — the ActualTestsIT PC test engine runs time-limited mock exams and scores them automatically, so you arrive already knowing your pace.

CIMA sets the CIMA Advanced Management Accounting passing score at 100/150 (scaled score), and each attempt costs Varies by region (approx. £116–£180 per exam) — full price every time, retakes included. That makes preparation the cheaper strategy by a wide margin. The practical path: take auto-scored timed mocks with ActualTestsIT practice questions until you clear the passing mark comfortably across multiple runs, then register with confidence grounded in data.

The official CIMA Advanced Management Accounting format list includes: Objective Test (OT), Computer-based exam, Multiple-choice questions. Each format rewards a specific skill — scenario items reward careful reading order, multi-select items reward completeness — so practice should cover all of them, not just your favorites. ActualTestsIT's 205 practice questions span the full list, which means the exam's mechanics feel rehearsed and only its content requires thought.

CIMA offers the P2 exam in English. Choose the language you process fastest when the clock is running — comprehension speed quietly decides borderline results. If English is your pick, working through ActualTestsIT's English P2 practice questions builds precisely the vocabulary the exam will use against you.

Passing the CIMA Advanced Management Accounting exam earns a credential valid for No expiry for individual passed exam credits within CIMA qualification progression. Record the expiry date as soon as you pass, and look into recertification options well in advance — a renewal planned early is trivial, a lapsed credential is not. Recertification policy belongs to CIMA and changes periodically, so confirm the current rules on the official certification page.

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Yes. ActualTestsIT's free CIMA Advanced Management Accounting PDF demo contains genuine sample questions with full explanations, so you can verify the quality before paying. Every purchase includes 365 days of free updates; after that, renewing costs just 50% of the regular price from your member zone. Try it first — informed candidates are our favorite kind.

Our experts track CIMA's blueprint changes continuously and revise the CIMA Advanced Management Accounting material to match — your purchase includes 365 days of free updates through your member zone. Watch the New Releases section or the ActualTestsIT newsletter, and always confirm your version 3-4 days before your exam. If a product expires, repurchasing at 50% off restarts the update service immediately.

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Delivery: your CIMA Advanced Management Accounting practice questions are downloadable instantly and emailed within one minute of payment — if 2 hours pass, check spam and contact support. Installs are unlimited. Refund: the 100% Money Back Guarantee covers you if you take the corresponding exam within 60 days of purchase and don't pass — submit a scanned enrollment slip and your official Score Report PDF within 2 days after the exam, and the full refund processes within 7 days. Excluded: attempts within 3 days of purchase, exams never actually taken, free items, and expired orders; candidate and payer names must match. Prefer a different trade? Exchange for two free exam products of equal value and keep your update service.

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  • Online Test Engine: instant online access from all web browsers, test history and performance review, supports Windows, Mac, Android, and iOS.
  • Update service: 365 days free; expired products repurchase at a 50% discount from your member zone.
  • 100% Money Back Guarantee: take the corresponding exam within 60 days of purchase, and if you don't pass, submit your enrollment slip and official Score Report within 2 days after the exam for a full refund processed within 7 days — or exchange for two free products of equal value.

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CIMA Advanced Management Accounting Sample Questions:

A division of company XYZ has reported an operating profit of $350,000 and its residual income (RI) has been calculated as $60,000. The company's cost of capital is 12%.
The division's return on investment (ROI) is:

  • A. 2.5%
  • B. 14.5%
  • C. 17.0%
  • D. 12.0%
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Which TWO of the following are reasons why cost-based approaches to transfer pricing are often used in practice?

  • A. The buying division will want to maximize its profits.
  • B. The transferring division will want to maximize its profits.
  • C. Because the external market is imperfect.
  • D. Because there is often no external market for the product that is being transferred.
  • E. The approach allows the organization to cover all the costs.
Reveal Solution  Discussion  0

Correct Answer: C,D  🗳️

A manufacturing company sells a large range of products. Forecast data for the next period for one of these products are as follows.

After manufacture, each complete batch must be stored in a local warehouse until it is subsequently sent to the company's main national warehouse. The company does not own a local warehouse. A local warehouse with a maximum capacity of 500 units could be rented for $2,450 for the next period.
Alternatively a larger local warehouse with a maximum capacity of 700 units could be rented for $3,430 for the next period.The company will not begin the manufacture of any new batch until the previous batch has been sent to its main national warehouse.
What would be the change in the total cost of set up and storage if the batch size was changed to 600 units?
Give your answer to the nearest whole $.

Reveal Solution  Discussion  0

Correct Answer:

$3770

Which THREE of the following are advantages of changing from a 'top-down' to a 'bottom-up' (participative) style of budgeting?

  • A. There will be increased commitment to organizational objectives.
  • B. Budget setters will be forced to justify every item on the budget.
  • C. Motivation will improve due to a feeling of ownership of the budget.
  • D. There will be reduced likelihood of budgetary slack being built into the budgets for 'selfish' reasons.
  • E. The budget will be based on information from employees who are familiar with the day to day activities.
  • F. It will be less time-consuming for operational managers.
Reveal Solution  Discussion  0

Correct Answer: A,C,E  🗳️

An organization has the right to mine for gold on its land. The price of gold and the cost of extraction are such that mining is not currently financially viable. However, the organization has the right to commence mining at any time in the future if the price of gold increases and makes mining financially viable.
This right to commence mining in the future is an option to:

  • A. delay
  • B. abandon
  • C. expand
  • D. redeploy
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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