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Some candidates try crowded classroom courses and find the schedule impossible. For them, PrepAwayTest offers a self-paced alternative built around CIMA Advanced Management Accounting practice questions, so 205 targeted Q&As on PrepAwayTest fit around the P2 exam day.
| Certification Vendor: | CIMA (Chartered Institute of Management Accountants) |
|---|---|
| Exam Name: | P2 Advanced Management Accounting |
| Exam Number: | CIMAPRO19-P02-1 |
| Real Exam Qty: | 60 |
| Certificate Validity Period: | 7 years from registration to complete level; permanent once awarded subject to CPD |
| Exam Duration: | 90 minutes |
| Related Certifications: | Strategic Level Qualification Operational Level Diploma CGMA Designation |
| Passing Score: | 70% |
| Available Languages: | English |
| Exam Price: | Approx £115 / $155 USD / €135 (varies by region) |
| Exam Format: | Drag and Drop, Computer-based Objective Test, Multiple Choice, Number Entry, Multiple Response |
| Recommended Training: | CIMA Official Study Resources Kaplan Learning Astranti CIMA |
| Exam Registration: | Pearson VUE Scheduling CIMA Official Registration |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | On-demand computer-based test; available at Pearson VUE test centres or online remote proctoring |
| Pre Condition: | Completion of Operational Level (E1, P1, F1) or eligible exemptions; registered CIMA student |
| Official Syllabus URL: | https://www.cimaglobal.com/study-support/syllabus-and-exams/p2/ |
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Risk and Control | 15% | - Risk assessment and management
|
| Topic 2: Managing the Costs of Creating Value | 20% | - Cost management techniques
|
| Topic 3: Capital Investment Decision Making | 35% | - Investment appraisal methods
|
| Topic 4: Managing Performance of Organisational Units | 30% | - Performance measurement and control
|
CIMA Official Study Resources: Visit official page
Kaplan Learning: Visit official page
Astranti CIMA: Visit official page
Completion of Operational Level (E1, P1, F1) or eligible exemptions; registered CIMA student
The P2 exam contains 60 questions and lasts 90 minutes minutes, so pacing matters as much as knowledge. Practicing under a real timer on PrepAwayTest helps you learn how long to spend on each item.
The CIMA Advanced Management Accounting material is written by a group of IT experts and certified trainers. Beyond assembling verified questions, they organize the bank into a study strategy for candidates, so you always know which section to tackle next instead of paging through questions at random.
The online engine recreates the atmosphere of the formal test, so the real P2 exam feels familiar rather than intimidating. It runs on Windows, Mac, Android, and iOS, places no limit on the number of installations, and lets you review at any time and from any location, which fits naturally around an IT worker's schedule.
The passing score of P2 is 70%, and the official exam fee is Approx £115 / $155 USD / €135 (varies by region). Knowing both numbers early helps you set a concrete target before you book the test.
This package includes 205 practice questions for the P2 exam. Every answer has been verified by our IT experts and certified trainers before release.
Study the sections in the order that matches your weakest areas first.
CIMA Official Registration: register for P2
Pearson VUE Scheduling: register for P2
The following data relate to an investment opportunity.
The percentage reduction in the annual revenue that could occur before the project is no longer financially viable is:
Correct Answer: C 🗳️
A goal congruent transfer price will always:
Correct Answer: C 🗳️
SQ has the opportunity to invest in project X. The net present value for project X is $12,600. Cash inflows occur in years 1, 2 and 3. The company's cost of capital is 14%.
Calculate the annualized equivalent annuity of project X.
Give your answer to the nearest whole $.
Correct Answer:
$5429
A not-for-profit organization measures performance using the three Es.
If the organization has been acquiring the resources it needs as cheaply as possible it should be described as having been:
Correct Answer: D 🗳️
A company is considering four mutually exclusive projects. There are three possible future demand conditions but the company has no idea of the probability of each of these demand conditions occurring. The forecast net present values (NPVs) of each of the four projects, under each of the three possible future demand conditions, are as follows.
Which investment would be selected using the maximin criterion?
Correct Answer: B 🗳️
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