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CIMA CIMAPRO15-P01-X1-ENG Exam Syllabus Topics:

SectionWeightObjectives
Short-Term Commercial Decision Making30%- Pricing decisions
- Make-or-buy and outsourcing decisions
- Relevant costing principles
- Limiting factor decisions
- Cost-volume-profit analysis
Dealing with Uncertainty in the Short Term15%- Risk and uncertainty concepts
- Decision trees and decision criteria
- Sensitivity and scenario analysis
- Expected value and probability analysis
Budgeting and Budgetary Control25%- Budget preparation techniques
- Purpose and types of budgets
- Beyond budgeting and modern approaches
- Flexible budgets and budget variances
Cost Accounting for Decision and Control30%- Absorption and marginal costing
- Throughput, target and lifecycle costing
- Activity-based costing (ABC)
- Costing concepts and terminology
- Standard costing and variance analysis

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