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CIMA · Management

Advanced Management Accounting (P2)

150 questions mapped to the current AICPA & CIMA Management Level blueprint (2026/27). Covers managing the costs of creating value, capital investment decision making, controlling organisational performance, and risk and control. Switch to Exam Sim mode for a timed CIMA P2 mock exam: 60 questions, 90 minutes.

→ P2 Common Mistakes & Exam Technique: the errors that catch P2 students out, and how to avoid them.

The P2 exam format

Format Computer-based objective test. All questions are compulsory.
Length 90 minutes, 60 questions.
Scoring Reported as a scaled score from 0 to 150. Questions are weighted by difficulty, so the scaled score is not a straight percentage of questions answered correctly.
Pass mark 100 out of 150.
Case Study Separate from this exam. The Management Case Study is sat after the three management-level objective tests and has its own pass mark of 80 out of 150.

Always check the current exam format on the AICPA & CIMA website before you sit.

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Question 1

P2 Formula Sheet: all key formulas on one printable A4 page. Free to download, or see what's on it.

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