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CIMA P2 exam is a computer-based test that consists of multiple-choice questions and case studies. P2 exam is three hours long and is divided into two sections. The first section consists of 60 multiple-choice questions that cover a range of topics related to management accounting. The second section consists of two case studies, each of which is followed by several questions that require candidates to analyze and interpret financial data and make recommendations based on their analysis.

Budgeting is another critical aspect of business management, and the third section of the CIMA P2 exam focuses on this area. Candidates will learn about the budgeting process, including how to prepare, analyze, and adjust budgets to meet business objectives. This section of the exam also covers budgetary control, which is the process of monitoring actual results against budgeted results to identify and address any variances.

Reference: https://planner.cimaglobal.com/proqual/2019/management/P2

CIMA CIMAPRO19-P02-1 exam is designed for individuals who want to pursue a career in advanced management accounting. Advanced Management Accounting certification exam is a comprehensive test that measures the candidate's knowledge and skills in the field of management accounting. P2 exam is divided into different sections that cover topics such as cost management, performance evaluation, and strategic management accounting.

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