CIMA Professional Qualification is one of the most recognized and respected management accounting qualifications globally. CIMA exams are known for their rigour and depth, and CIMAPRA19-E02-1 E2 Managing Performance is no exception. This exam is a test of your ability to manage the performance of an organization and analyze financial and non-financial performance indicators. Passing this exam is essential for candidates seeking to complete the CIMA Professional Qualification.
Exam Objectives:
The CIMAPRA19-E02-1 exam aims to test a candidate's knowledge and understanding of the following areas:
- Developing financial strategies to improve performance
- Evaluating and managing financial risk
- Managing performance through effective budgeting
- Assessing investment decisions and managing working capital
- Measuring and managing performance through non-financial indicators
This exam is suitable for individuals who aspire to become strategic business partners and management accountants. The exam is also relevant for financial professionals who wish to develop their strategic financial management skills.
Exam Details:
- Exam Name: CIMAPRA19-E02-1 E2 Managing Performance
- Exam Cost: The exam fee varies by region, but typically ranges from $200 to $400.
- Passing Score: The passing mark for this exam is 100 out of 150.
- Time Allotted: Candidates have three hours to complete the exam.
- Delivery Method: The exam is computer-based and can be taken at a Pearson VUE testing center or online.
- Format: The exam consists of 80 multiple-choice questions.
Related Books:
There are several books that candidates can use to prepare for the CIMAPRA19-E02-1 exam. Some of these include:
- CIMA E2 Project and Relationship Management - Study Text by BPP Learning Media
- CIMA E2 Project and Relationship Management - Exam Practice Kit by BPP Learning Media
- CIMA E2 Project and Relationship Management - Revision Cards by BPP Learning Media
- CIMA E2 Project and Relationship Management - Exam Question Tutorial by Kaplan Publishing
- CIMA E2 Project and Relationship Management - Complete Text by Kaplan Publishing
It is important to note that while these books can be helpful, they should not be relied on as the sole source of exam preparation. Candidates should also review the CIMA syllabus and take advantage of the study resources provided by CIMA.
In conclusion, passing the CIMAPRA19-E02-1 E2 Managing Performance exam is a critical step towards completing the CIMA Professional Qualification. Candidates should have a strong understanding of financial management principles and non-financial performance indicators to succeed on this exam. Using a combination of study resources and practice exams, candidates can increase their chances of passing this challenging exam and moving one step closer to achieving their professional goals.