CIMA E3

CIMA P2 - Advanced Financial Reporting

CIMA P2 is focused on the long-term perspective of risk. P2 builds on the insights about costs and their drivers (from P1). It also provides the basis for developing deeper understanding of various types of risk affecting the strategy and operations of organisations (covered in P3).

CIMA E3

CIMA P2 - Advanced Financial Reporting

CIMA P2 is focused on the long-term perspective of risk. P2 builds on the insights about costs and their drivers (from P1). It also provides the basis for developing deeper understanding of various types of risk affecting the strategy and operations of organisations (covered in P3).

P2 FREE PRACTICE QUESTIONS

Thank you for signing up for Free P2 Practice Questions

This is a completely free version of our P2 packages. We want to show you in the best possible way, how this testing software works and what you can expect from us. 

Quick overview:

  • This page shows you exactly how our flagship P2 Practice Kit package looks like from inside. 
  • Additionally we added free video lecture of the 5th chapter called "Responsibility centres". 
  • Study mode: you get a free access to the 1st chapter from part B. We base our tests' structure on the Kaplan study book. Chapter 1 is called Responsibilities Centres and comprises 25 questions.
  • Exam mode: you can practice a mini mock under exam conditions (i.e. time-limited), that comprises 8 questions. You will have 12 minutes to complete it. 
  • Every question has a provided explanation: either straight away (applicable for study mode) or after the mock's completion.
  • Every test has a detailed results section.
  • We've greyed out the access to the parts that are included in our paid packages.

P2 Online Lectures

Click on the first unlocked chapter in order to view the recordings, get summary notes, additional practice questions from Chapter 5 "Responsibility Centres". 

P2 Practice Tests - study mode:

Part A - COST PLANNING AND ANALYSIS FOR COMPETITIVE ADVANTAGE - 25% - STUDY MODE

CIMA P2 Part A - Cost Planning and Analysis for Competitive Advantage covers 25% of the syllabus.

On the completion of this Part, you should be able to: 

  1. Evaluate techniques for analysing and managing costs for competitive advantage.

CIMA P2 Part A has 114 questions in four chapters. You can practise answering questions from the whole section:

   Practise complete Part A - 114q

You can also practise the chapters separately:

    A1 AB Costing and AB Management - 38q

    A2 The Modern Business Environment - 32q

    A3 Costing Techniques - 28q

    A4 Learning Curves - 16q


Completion checklist: To track your progress, you can use the checkboxes next to each button.
My best scores from P2 part A:
Quiz Date & Time User`s score Max Score % Score Passed Time Spent
CIMA P2.A3 Costing Techniques 2019-06-06 10:29:46 0 70 0.00% COM_JQ_RESULT_FAILED 01:03

If you have taken multiple tests and would like to see the details of each of them, then please go to the >>Tests Results<<.

Part B - CONTROL AND PERFORMANCE MANAGEMENT OF RESPONSIBILITY CENTRES - 30% - STUDY MODE

CIMA P2 Part B - Control and Performance Management of Responsibility Centres covers 30% of the syllabus.

On the completion of this Part, you should be able to: 

  1. Discuss decision making in responsibility centres.
  2. Discuss issues arising from the use of performance measures and budgets for control.
  3. Evaluate issues arising from the division of the organisation into responsibility centres.

CIMA P2 Part B has 134 questions in four chapters. You can practise answering questions from the whole section:

  Practise complete Part B - 134q

You can also practise each chapter separately:

    B1 Responsibility Centres - 25q

    B2 Perf. Measures and Budgetary Control - 38q

    B3 Alternative Measures of Performance - 40q

    B4 Transfer Pricing - 31q


Completion checklist: To track your progress, you can use the checkboxes next to each button.

 

My best scores from P2 part B:
Quiz Date & Time User`s score Max Score % Score Passed Time Spent

If you have taken multiple tests and would like to see the details of each of them, then please go to the >>Tests Results<<.

Part C - LONG-TERM DECISION MAKING - 30% - STUDY MODE

CIMA P2 Part C - Long-Term Decision Making covers 30% of the syllabus.

On the completion of this Part, you should be able to: 

  1. Evaluate information to support project appraisal.
  2. Discuss pricing strategies and their consequences.

CIMA P2 Part C has 154 questions in three subparts. You can practise answering questions from the whole section:

   Practise complete Part C - 154q

You can also practise the subparts separately:

    C1 Investment Appraisal Techniques - 62q

    C2 Further Aspects of Investment Appraisal - 47q

    C3 The Pricing Decision - 45q


Completion checklist: To track your progress, you can use the checkboxes next to each button.
My best scores from P2 part C:
Quiz Date & Time User`s score Max Score % Score Passed Time Spent
CIMA P2 - C. Long-Term Decision Making - 30% - study mode 2017-07-29 03:24:04 364.5 0.00% COM_JQ_RESULT_FAILED 00:07

If you have taken multiple tests and would like to see the details of each of them, then please go to the >>Tests Results<<.

P2 Mocks - exam mode:

CIMA P2 - MINI TRIAL MOCK EXAM (8 Q)

This Trial Mini MOCK consists of 8 challenging questions designed to replicate the real exam. Those questions are randomly taken from the P2 questions database.

The exam is using exam mode (meaning you see the results only after you submit the test). This MOCK exam is time-limited, you have only 12 minutes to answer 8q.

At the Results Page you will see your score and % split per each part (and even chapter) of the syllabus, so you will have a clear picture of what you are good at and what you need to improve. You can also view the questions and compare your answers with the correct ones by clicking on the Review button on the Results Page (after you complete this test).

This MOCK exam has the following split of questions:

  • 25% from Part A - Cost Planning and Analysis for Competitive Advantage - 2q
  • 30% from Part B - Control and Performance Management Responsibility Centres - 2q
  • 30% from Part C - Long-Term Decision Making - 2q
  • 15% from Part D - Management Control and Risk - 2q

My best scores for CIMA P2 Mini Trial Mock exam

Quiz Date & Time User`s score Max Score % Score Passed Time Spent

If you have taken multiple tests and would like to see the details of each of them, then please go to the >>Tests Results<<.

CIMA P2 - MOCK EXAM (UNIQUE 60 Q)

This is a full MOCK exam consisting of 60 challenging questions that are designed to replicate the real exam. These questions were written uniquely for this exam - you will not find them in any other P2 test. The number of questions in this MOCK was chosen according to the weights of the various topics in the syllabus; you can see the exact split below. It uses the exam mode, meaning that you will see the results only after completing the test. It is time-limited, with only 90 minutes to answer the 60 questions, so you will experience the time pressure that you will be under in the real exam. On the Results Page, you will see your score broken down by part (and even subpart) of the syllabus so that you will have a clear picture of the areas you are good at and where you still need to improve. You can also view the questions and compare your answers with the correct solutions by clicking on the Review button on the Results Page.

This MOCK exam has the following split of questions:

  • 25% from Part A - Cost Planning and Analysis for Competitive Advantage - 15q
  • 30% from Part B - Control and Performance Management Responsibility Centres - 18q
  • 30% from Part C - Long-Term Decision Making - 18q
  • 15% from Part D - Management Control and Risk - 9q

  P2 Mock Exam with unique 60 questions

My best scores for CIMA P2 mock exam with unique 60q

Quiz Date & Time User`s score Max Score % Score Passed Time Spent
CIMA P2 - MOCK exam (Unique Qs) 2017-08-25 19:35:36 41 155.5 26.37% COM_JQ_RESULT_FAILED 46:58

If you have taken multiple tests and would like to see the details of each of them, then please go to the >>Tests Results<<.

Want to practise more?

That's great news! Here's what we have prepared for you:

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Get P2 Single Mock

Get P2 Single Mock

> unlock set of 60 questions
> time-limited to 90 mins 
> mimics real exam
> access given for 90 days

P2 Practice Kit Package

P2 Practice Kit Package

> unlock set of 500 questions 
> study mode + exam mode 
> mimics real exam
> access given for 180 days

Complete online P2 course

Complete online P2 course

> video recordings per chapter 
> study materials in pdf 
> more than 600 Q&A included
> access given for 180 days

Need official Kaplan materials?

No need to look further. We cooperate with Kaplan and you get their newest resources right here:

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Get P2 Study Text

Get P2 Study Text

> official Kaplan materials
> 2015 syllabus, 2019 edition
> delivered via Kaplan
> electronic or printed version

Electronic Version :: £30
Printed :: £30 + shipping
Get P2 Revision Cards

Get P2 Revision Cards

> official Kaplan materials
> 2015 syllabus, 2019 edition
> delivered via Kaplan
> electronic or printed version

Electronic Version :: £8
Printed :: £8 + shipping
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A Brief Overview Of
CIMA P2 Features

Additionally, all our products are:

Mobile Responsive

You can study on the go, anytime & anywhere. 

User Friendly

On each page you have sidebar menus to help you navigate through the tests and pages.

Tutored Facebook Group

Possibility to join a private Facebook Group built for PTA members, where you can exchange with other CIMA students and ask any P2 questions you have (this forum is monitored by CIMA tutors).

Money Back Guarantee and Pass Assurance

P2 500 Q&A and Complete P2 course come with the 7-Day Money Back Guarantee and Pass Assurance (more details here).