• Skip to content [Accesskey '1']
  • Skip to navigation [Accesskey '2']
CIMA - Chartered Institute of Management Accountants Chartered Institute of Management Accountants
  • Select your location
    • Africa
    • Australia
    • Bangladesh
    • Brazil
    • Canada
    • Central Eastern Europe
    • China
    • France
    • Germany
    • Gibraltar
    • Greece
    • Hong Kong SAR
    • India
    • Indonesia
    • Iran
    • Ireland
    • Israel
    • Italy
    • Kenya
    • Malaysia
    • Malta
    • Middle East
    • Nepal
    • Netherlands
    • New Zealand
    • Nigeria
    • Pakistan
    • Philippines
    • Poland
    • Russia and CIS
    • Singapore
    • Spain
    • Sri Lanka
    • Switzerland
    • Thailand
    • Turkey
    • United Kingdom
    • USA
    • Vietnam
  • Jobs
  • FM Magazine
  • CIMAsphere community
  • CGMA
MY CIMA

Login to MY CIMA

Login to MY CIMA

Login below to access our online services for members, students and business partners.

Forgotten your contact ID or password?
Don't have an account?
  • Home
  • Study with us
    • At a glance: fees, completion time
    • Why choose CIMA?
    • Entry routes
    • Exemptions
    • Register as a student
    • Islamic finance qualifications
    • Tuition providers
    • Student and member profiles
    • Study for a degree through CIMA
    • Becoming a CGMA with CIMA
  • Students
    • Entry level: certificate in business accounting
    • 2010 professional qualification
    • Student fees
    • A-Z exam award listings
    • CIMA designatory letters
    • Becoming a CGMA with CIMA
    • Exams
    • CIMA publishing
    • Online CIMAstudy
  • Members
    • Becoming a member
    • Becoming a CGMA
    • Fees and payment
    • CIMA professional development
    • Members' handbook
    • Find a CIMA accountant
    • New members
    • Financial Management magazine
    • CIMAsphere online community
    • Monitoring of members working as practising accountants
  • CIMA in business
    • CIMA value in the private sector
    • CIMA value in the public sector
    • CIMA value in growing businesses
    • CIMA development scheme
    • CIMA training accreditation
    • CGMA
  • Events and CPD courses
    • CIMA GBC homepage
    • Mastercourses
    • Members in practice events
    • Local events
    • CIMA conferences and academies
    • Bitesize briefings
    • CPD technical updates
    • Student courses
    • CIMA on demand
    • Accredited CPD products
  • Innovation
  • Professionalism
    • Professionalism and employability
    • Ethics
    • Conduct
    • Members' handbook
  • About us
    • Why CIMA?
    • Our mission and values
    • Celebrating 90 years
    • CIMA case studies and profiles
    • Governance, charter and byelaws
    • Press office
    • Advertise with us
    • Partners
    • Jobs at CIMA
    • What is management accounting?
    • 2011 annual review
  1. Home
  2. Innovation
  3. E-magazines
  4. Velocity
  5. Model answer P2: Pareto analysis

Model answer P2: Pareto analysis

April 2009

To help you revise, Velocity publishes regular model answers to practice questions.

This one is for P2. You can download the model answer and practice question here (PDF 54KB).

To answer the question, first you need to read 'Management accounting - decision management' (PDF 98KB) from the Study Notes section of March 2009 Financial Management magazine.

This article is by Grahame Steven.

Contact us
You can contact us with your feedback and suggestions for Velocity at velocity@cimaglobal.com.

  1. Velocity April 2009

Video

Eric Hepburn ACMA, CGMA explains how his CIMA skills help him run 10 Downing Street, the UK Prime Minister's office.

In this issue:

Features

  • In this issue
  • Student aims to change perceptions in Iran
  • Model answer P1: costing in services
  • Model answer P2: Pareto analysis
  • Model answer P5: integrated management
  • Howard Ebison: our apprentice
  • Sharpen your exam technique
  • Prizewinners: secrets of their success
  • How to use exam reading time

Exams and Study

  • Important information for May exams
  • Study support news

Careers and development

  • Thriving in a tough market: tips from top members
  • Are coaching and mentoring for you?

News and announcements

  • News and events by global region
  • About Velocity

Explore cimaglobal.com

Why you should choose CIMA

Latest tweet

"Watch a great panel discussion on a new report launched by #CIMA in partnership with @instituteforgov & @Deloitte: http://t.co/k4wf3keL"

Contact us

Email: cima.contact@cimaglobal.com

Or find your local CIMA office
Global Business Challenge Find out more

Study with us

  • At a glance: fees, completion time
  • Why choose CIMA?
  • Entry routes
  • Exemptions
  • Register as a student
  • Islamic finance qualifications
  • Tuition providers
  • Student and member profiles
  • Study for a degree through CIMA
  • Becoming a CGMA with CIMA

Students

  • Entry level: certificate in business accounting
  • 2010 professional qualification
  • Student fees
  • A-Z exam award listings
  • CIMA designatory letters
  • Becoming a CGMA with CIMA
  • Exams
  • CIMA publishing
  • Online CIMAstudy

Members

  • Becoming a member
  • Becoming a CGMA
  • Fees and payment
  • CIMA professional development
  • Members' handbook
  • Find a CIMA accountant
  • New members
  • Financial Management magazine
  • CIMAsphere online community
  • Monitoring of members working as practising accountants

CIMA in business

  • CIMA value in the private sector
  • CIMA value in the public sector
  • CIMA value in growing businesses
  • CIMA development scheme
  • CIMA training accreditation
  • CGMA

About us

  • Why CIMA?
  • Our mission and values
  • Celebrating 90 years
  • CIMA case studies and profiles
  • Governance, charter and byelaws
  • Press office
  • Advertise with us
  • Partners
  • Jobs at CIMA
  • What is management accounting?
  • 2011 annual review

© 2012 CIMA

  • FAQs
  • Contact Us
  • Terms & conditions
  • Privacy policy
  • Sitemap
  • Accessibility
  • Back to top [Accesskey '5']