Try before you trust. Real4Prep offers a free demo of the CIMA F3 Financial Strategy material, so you can judge real CIMAPRA19-F03-1 questions and answers yourself before any payment is involved.
CIMA CIMAPRA19-F03-1 Exam Overview:
| Certification Vendor: | CIMA (Chartered Institute of Management Accountants) |
|---|---|
| Exam Name: | F3 Financial Strategy |
| Exam Number: | CIMAPRA19-F03-1 |
| Related Certifications: | CGMA (Chartered Global Management Accountant) Strategic Case Study (SCS) CIMA Professional Qualification Strategic Level |
| Passing Score: | 100/150 (scaled score) |
| Available Languages: | English |
| Real Exam Qty: | 60 |
| Exam Format: | Multiple Response, Drag and Drop, Computer-Based Objective Test, Multiple Choice, Hot Spot, Number Entry |
| Exam Duration: | 90 minutes |
| Sample Questions: |  |
| Exam Way: | On-demand computer-based exam delivered through Pearson VUE test centers and online remote proctoring where available. |
| Pre Condition: | Typically undertaken after completing the Management Level (E2, P2, F2 and Management Case Study) or through approved exemptions. |
| Official Syllabus URL: | https://hub.cimaglobal.com/proqual/2019/strategic/F3 |
CIMA CIMAPRA19-F03-1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Business Valuation | 40% | - Business Valuation Techniques
|
| Topic 2: Sources of Long-Term Funds | 25% | - Capital Structure and Dividend Policy
|
| Topic 3: Financial Risks | 20% | - Interest Rate Risk Management
|
| Topic 4: Financial Policy Decisions | 15% | - Strategic Financial Objectives
|
Your CIMA F3 Financial Strategy Questions, Answered Honestly
CIMA F3 Financial Strategy is an official CIMA (Chartered Institute of Management Accountants) certification exam, registered under the code CIMAPRA19-F03-1. Passing it earns the CIMA Strategic level certification, positioned at the Strategic Level level. It also connects to CIMA Professional Qualification Strategic Level, Strategic Case Study (SCS), CGMA (Chartered Global Management Accountant). Professional work increasingly demands professional proof, and this exam supplies exactly that.
The CIMA F3 Financial Strategy exam contains 60 questions to be answered within 90 minutes. The candidates who struggle most are rarely the least knowledgeable; they are the least rehearsed at time allocation. Practice full timed sessions in the Real4Prep engine, learn to flag and move on, and the official clock becomes a familiar companion instead of a threat.
Typically undertaken after completing the Management Level (E2, P2, F2 and Management Case Study) or through approved exemptions.
Vendor policies do change, so verify the current requirements before you register via the official exam page.
Yes. Real4Prep offers a free demo of the CIMA F3 Financial Strategy questions as part of its pre-sale service, so you can evaluate quality before choosing among the three versions. After purchase, updates are free for 365 days, and when your product expires you can extend the update service at a 50% discount.
A 100% money-back guarantee protects your purchase under clear conditions. Take the CIMA F3 Financial Strategy exam within 60 days of purchase; if you fail, you may claim a full refund, provided the exam matches your product. Attempts within 3 days of purchase are ineligible, as are downloaded-but-unused products, free materials, and expired orders; the candidate name must match the payer name. Submit a scanned enrollment slip and the official Score Report PDF within 2 days of the exam, and claims are processed within 7 days. You may also choose an exchange: two other exam products of equal value, free, with the update service on your original purchase kept.
Delivery is instant: files unlock for download at payment and are emailed within one minute. If nothing arrives within 2 hours, check spam and contact customer service, available 24 hours. Installation is unlimited across your computers.
CIMA F3 Financial Strategy covers 4 official domains. The largest include Sources of Long-Term Funds (25%), Financial Policy Decisions (15%), and Business Valuation (40%). The full breakdown is in the topics section above; review it first and your study plan practically writes itself.
CIMA F3 Financial Strategy Sample Questions:
A company generates operating profit of $17.2 million, and incurs finance costs of $5.7 million.
It plans to increase interest cover to a multiple of 5-to-1 by raising funds from shareholders to repay some existing debt. The pre-tax cost of debt is fixed at 5%, and the refinancing will not affect this.
Assuming no change in operating profit, what amount must be raised from shareholders?
Give your answer in $ millions to the nearest one decimal place.
Correct Answer:
$ ?
45.2
Which of the following is NOT an advantage of a share repurchase?
- A. To return surplus cash to shareholders by avoiding a one-off dividend
- B. To reduce the cost of capital of a company by increasing the gearing level.
- C. To enable the company to retain cash in the business for reinvestment
- D. To allow investors to sell shares if no active market currently exists
Correct Answer: C 🗳️
A company's directors plan to increase gearing to come in line with the industry average of 40%. They need to know what the effect will be on the company's WACC.
According to traditional theory of gearing the WACC is most likely to:
Correct Answer:
Explanation
increase
Company A, a listed company, plans to acquire Company T, which is also listed.
Additional information is:
* Company A has 150 million shares in issue, with market price currently at $7.00 per share.
* Company T has 120 million shares in issue,. with market price currently at $6.00 each share.
* Synergies valued at $50 million are expected to arise from the acquisition.
* The terms of the offer will be 2 shares in A for 3 shares in T.
Assuming the offer is accepted and the synergies are realised, what should the post-acquisition price of each of Company A's shares be?
Give your answer to two decimal places.
Correct Answer:
8.24
Company U has made a bid for the entire share capital of Company B.
Company U is offering the shareholders in Company B the option of either a share exchange or a cash alternative.
Advise the shareholders in Company B which THREE of the following would be considered disadvantages of accepting the cash consideration?
- A. There will be no opportunity to participate in the future economic success of Company U.
- B. Taxation is payable on realised capital gains.
- C. Cash consideration is certain whereas Company U's future share price performance is uncertain.
- D. Interest rates on deposit accounts are currently at a historic low and are expected to remain low.
- E. Company U is not expected to change its dividend policy post-acquisition.
Correct Answer: A,B,D 🗳️
Viewing page 1 out of 87 pages.
Viewing questions 1-5 out of 435 questions.
