Last Updated: Oct 11, 2026
No. of Questions: 205 Questions & Answers with Testing Engine
Latest Version: V12.35
Download Limit: Unlimited
Our APP Test Engine & Soft Test Software of ActualTorrent P2 actual exam materials can simulate the real test scenes so that you will have a good control of finishing speed and time. Much practice make you half the work with double the results about real CIMA P2 exam. The package version including three versions will not only provide you high-pass-rate P2 study materials but also different studying methods.
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Certification vendors revise their blueprints without much warning, and stale material is worse than none at all. ActualTorrent reviews and updates its P2 practice questions on a continuous basis, with 365 days of free updates, so the 205 items you study stay aligned with the live CIMA Advanced Management Accounting exam.
| Certification Vendor: | Chartered Institute of Management Accountants (CIMA) |
|---|---|
| Exam Name: | P2 Advanced Management Accounting |
| Exam Number: | CIMAPRO19-P02-1 |
| Related Certifications: | CIMA Professional Qualification – Management Level Advanced Diploma in Management Accounting (CIMA Adv Dip MA) |
| Exam Duration: | 90 minutes |
| Real Exam Qty: | 60 |
| Available Languages: | English |
| Passing Score: | 70% (objective test pass standard) |
| Exam Format: | Drag and Drop Questions, Number Entry Questions, Computer-based Objective Test, Multiple Choice Questions |
| Sample Questions: | DOWNLOAD DEMO |
| 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 |
| Section | Weight | Objectives |
|---|---|---|
| Risk and control | 15% | - Risk analysis and control systems
|
| Managing the costs of creating value | 20% | - Cost management and value creation
|
| Capital investment decision-making | 35% | - Investment appraisal and decisions
|
| Managing and controlling the performance of organisational units | 30% | - Performance management and control
|
The P2 exam is the official CIMA exam for CIMA Advanced Management Accounting. Passing it earns you the CIMA Management credential, which sits at the Management Level (Professional Qualification) level. It is also connected to CIMA Professional Qualification – Management Level, Advanced Diploma in Management Accounting (CIMA Adv Dip MA), so what you learn carries over if you plan to pursue those paths as well. Employers treat the certification as verified proof of skill, which is why structured preparation with ActualTorrent's practice questions pays off.
The P2 exam contains 60 questions, and the time limit is 90 minutes. Translate that into a pacing plan before exam day: know roughly how long you can afford per item, flag anything that stalls you, and circle back at the end instead of burning minutes. Two or three full timed sessions in ActualTorrent's test engine will teach you that rhythm far better than untimed reading ever will.
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. Eligibility details can change, so before you register, confirm the current requirements on the official exam page: https://www.aicpa-cima.com/resources/landing/management-level.
Yes. ActualTorrent offers a free PDF demo of the CIMA Advanced Management Accounting practice questions on the samples page, so you can judge the format and quality yourself before paying anything. Every purchase also includes 365 days of free updates, and after the product expires you can extend the update service at a 50% discount from within your member zone.
If you take the corresponding exam within 60 days of purchase and do not pass, ActualTorrent backs you with a 100% money-back guarantee. To claim it, submit a scanned copy of your exam enrollment slip together with your official Score Report PDF within 2 days of the exam, and the refund is processed within 7 days. The guarantee does not apply to attempts made within the first 3 days after purchase, to products downloaded without actually sitting the exam, or to free materials and expired orders, and the candidate name must match the payer's name. If you would rather have study material than money, you can instead exchange for two additional exam products of equal value, free of charge, while keeping the update service on your original purchase. Delivery itself is instant: your download is available right after payment and a copy reaches your mailbox within one minute — if nothing arrives within 2 hours, contact customer service. You may install the product on as many computers as you need.
The official CIMA Advanced Management Accounting blueprint is organized into 4 domains. The leading areas are:
For the complete domain-by-domain breakdown with every subtopic, see the Exam Topics outline above.
A goal congruent transfer price will always:
Correct Answer: B 🗳️
Which TWO of the following actions taken during the budgetary planning process will result in the creation of budgetary slack?
Correct Answer: D,E 🗳️
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:
Correct Answer: B 🗳️
One aspect of life cycle costing is the recognition of the fact that during the design or development stage a large proportion of many products' life cycle costs are:
Correct Answer: C 🗳️
A project with a 6 year life generates a positive net present value of $1,100. The discount rate is 8%.
To the nearest $, the equivalent annual benefit is:
Correct Answer: C 🗳️
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