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Reference: https://www.cimaglobal.com/Qualifications/Professional-Qualification/Operational-level/
CIMA Operational is the first level of the CIMA Professional qualification. After completing this level you can progress onto the Management level, then complete the Strategic level to become a chartered management accountant. You will need to have completed CIMA Certificate, AAT Professional (Level 4), or have an accountancy or finance degree.
The purpose of the CIMA P1 exam dumps is to spotlight areas of student difficulty, so that remedial measures can be taken before the chances for success are impaired. The CIMA Operational CIMA P1 Accounting is generally given by students who are interested in accounting and finance.
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| Section | Objectives |
|---|---|
| Cost-Volume-Profit Analysis | - Contribution and margin of safety - Break-even analysis |
| Standard Costing and Variance Analysis | - Material, labor, and overhead variances - Interpretation of variances |
| Budgeting | - Cash and functional budgets - Budget preparation and purpose |
| Introduction to Management Accounting | - Role and purpose of management accounting - Cost classification and cost behavior |
| Costing Techniques | - Overhead allocation and absorption - Absorption and marginal costing |
| Short-term Decision Making | - Make or buy and limiting factors - Relevant costing principles |
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