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CIMA P1 Management Accounting exam is a foundational exam that is part of the Chartered Institute of Management Accountants (CIMA) professional qualification. P1 exam is designed to test candidates on their ability to apply management accounting principles and techniques to support management decision-making. P1 exam covers topics such as cost accounting, budgeting, and performance measurement, and it is a crucial step in the journey towards becoming a CIMA qualified management accountant.

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

CIMA P1 Management Accounting exam is divided into three sections: A, B, and C. Section A covers cost accounting and management, including topics such as cost analysis, cost-volume-profit analysis, and process costing. Section B covers budgeting, planning, and control, including topics such as budgeting techniques, variance analysis, and performance measurement. Section C covers performance management, including topics such as strategic management, risk management, and quality management.

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