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Last Updated: Aug 19, 2026

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Understanding function and technical aspects of Analyse performance using financial and nonfinancial information

The following will be discussed in CIMA P1 exam dumps:

  • Explain company performance using KPIs
  • Prepare performance reports for use by different functions and for different purposes in appropriate formats and media
  • Identify information that can enable managers to review performance
  • Interpret variances to review functional and organisational performance
  • Identify appropriate KPIs for different functions of the organisation

Reference: https://www.cimaglobal.com/Qualifications/Professional-Qualification/Operational-level/

For more information visit:

CIMA Official Website

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The CIMA Professional Qualification is divided into three levels - Operational, Management and Strategic. Each of these levels consists of three pillars of domain knowledge - Enterprise, Performance and Financial. Passing each level of the qualification confirms a candidate's capabilities to perform the tasks at that level in the workplace to the highest standards. When combined with the required practical experience, the CIMA Professional Qualification ensures that members are ready to support and lead their organisations, through the challenging environment of continuous change. The syllabus, assessments and practical experience requirements ensure members are not only competent in the essential accounting, finance and business-related skills, but also in the skills required to lead the finance function in a digital age. The Operational level focuses on the short term and the implementation of decisions. Learners of CIMA P1 practice exams and CIMA P1 practice test will be able to work with others in the organisation and use appropriate data and technology to translate mediumterm decisions into short-term actionable plans.

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CIMA CIMAPRO19-P01-1 Exam Syllabus Topics:

SectionWeightObjectives
Budgeting and Budgetary Control25%- Budget Preparation
  • 1. Cash Budgets
  • 2. Functional Budgets
  • 3. Master Budgets
- Budgetary Control
  • 1. Performance Evaluation
  • 2. Variance Analysis
  • 3. Flexible Budgets
Short-Term Decision Making30%- Relevant Cost Analysis
  • 1. Make or Buy Decisions
  • 2. Product Mix Decisions
  • 3. Special Order Decisions
- Pricing Decisions
  • 1. Cost-Based Pricing
  • 2. Market-Based Pricing
Risk and Uncertainty15%- Decision Making Under Uncertainty
  • 1. Expected Value Analysis
  • 2. Sensitivity Analysis
  • 3. Decision Trees
Cost Accounting for Decision and Control30%- Costing Systems
  • 1. Absorption Costing
  • 2. Standard Costing
  • 3. Marginal Costing
  • 4. Activity-Based Costing
- Cost Classification and Behaviour
  • 1. Cost Drivers
  • 2. Cost Estimation Techniques
  • 3. Fixed and Variable Costs

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