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The CIMA P2 exam is divided into two parts, with the first part covering topics such as cost accounting, budgeting, and performance evaluation. The second part of the exam focuses on more advanced topics such as strategic management accounting, risk management, and investment appraisal. Candidates are required to demonstrate a deep understanding of these topics in order to pass the exam and obtain the advanced diploma.
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CIMA CIMAPRO19-P02-1 (Advanced Management Accounting) Certification Exam is conducted by the Chartered Institute of Management Accountants (CIMA), a prestigious professional body that provides training and certification for management accountants worldwide. P2 exam is computer-based and consists of 90 multiple-choice questions that candidates must complete within three hours.
Reference: https://planner.cimaglobal.com/proqual/2019/management/P2
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| Section | Objectives |
|---|---|
| Topic 1: Short-term Decision Making | - Relevant costing
|
| Topic 2: Budgeting and Control | - Variance analysis and performance management
|
| Topic 3: Cost Accounting Systems | - Standard costing and variance analysis
|
| Topic 4: Risk and Uncertainty | - Decision making under risk
|
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