Try CIMA : CIMAPRO19-P01-1 valid & accurate questions and answers

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CIMA CIMAPRO19-P01-1 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Establish manufacturing standards for material, labour, variable overhead and fixed overhead
  • Understand the difference between financial accounting and cost accounting
Topic 2
  • Determine the activity that causes the change in cost
  • Understand the difference between variable costs and fixed costs
Topic 3
  • Calculate the breakeven point and output level required to meet income targets
  • Understand costing and the different reasons for calculating costs
Topic 4
  • Calculate subdivision of total usage
  • efficiency variances into mix and yield variances
  • Use material, labour, variable overhead, fixed overhead and sales variances
Topic 5
  • Understand the impact of individuals’ risk attitudes on decision-making in the short term
  • Understand the difference between direct costs and indirect costs
Topic 6
  • Understand relevant cash flows and non-financial factors and how it affects make or buy decisions
  • Understand the strategic implications of short-term decision-making

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

Topics of CIMA Operational CIMA P1 Accounting

The following topics are a part of CIMA P1 Accounting module.

  • Analyse performance using financial and nonfinancial information
  • Distinguish Between The Different Rationales For Costing
  • Cost Accounting for decision and control
  • Apply relevant financial reporting standards and corporate governance, ethical and tax principles
  • Prepare budget information and assess its use for planning and control purposes
  • Risk and uncertainty in the short term
  • Prepare information to support short-term decision-making
  • Prepare information to manage working capital
  • Budgeting and budgetary control
  • Short term commercial decision making

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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:

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

What is the cost of CIMA Operational CIMA P1 Accounting?

CIMA Operational CIMA P1 Accounting costs GBP 425.

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