Too busy to prepare? That describes most candidates, and it is exactly who the CIMAPRA19-F03-1 bank at Prep4SureReview is designed for: expert-verified answers across the CIMA F3 Financial Strategy objectives, three study formats, and content organized for efficient sessions.
CIMA CIMAPRA19-F03-1 Exam Overview:
| Certification Vendor: | CIMA (Chartered Institute of Management Accountants) |
|---|---|
| Exam Name: | Financial Strategy |
| Exam Number: | F3 |
| Certificate Validity Period: | 3 years |
| Available Languages: | English |
| Exam Price: | £165 / $215 USD (varies by region) |
| Related Certifications: | E3 Strategic Management Strategic Case Study Exam P3 Risk Management |
| Passing Score: | 100 out of 150 scaled score (~67%) |
| Exam Format: | Multiple response, Drag-and-drop, Computer-based objective test, Fill-in-the-blank, Multiple choice |
| Exam Duration: | 90 minutes |
| Real Exam Qty: | 60 |
| Recommended Training: | CIMA Official Study Resources |
| Exam Registration: | CIMA Official Registration Pearson VUE Booking |
| Sample Questions: |  |
| Exam Way: | Onsite at Pearson VUE centres or online remote proctored |
| Pre Condition: | Completion of CIMA Management Level or relevant exemptions; must pass before Strategic Case Study |
| Official Syllabus URL: | https://www.cimaglobalhub.org/qualifications/professional-qualification/strategic-level/f3-financial-strategy |
CIMA CIMAPRA19-F03-1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Financial Policy Decisions | 15% | - Strategic financial objectives and stakeholder impact
|
| Topic 2: Financial Risks | 20% | - Risk reporting and governance - Risk management techniques
|
| Topic 3: Sources of Long-term Funds | 25% | - Debt finance
- Equity finance
|
| Topic 4: Business Valuation | 40% | - Impairment testing and value management - Mergers, acquisitions and divestments
|
Know the CIMAPRA19-F03-1 Exam — and Know Your Options
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The CIMA F3 Financial Strategy blueprint centers on these domains:
- Financial Risks (20%)
- Sources of Long-term Funds (25%)
- Financial Policy Decisions (15%)
Additional domains complete the official outline, and our bank covers every one.
Registration goes through the official channels below:
Pick a test center or online session that fits your calendar, and book early for the widest choice of dates.
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Currently, the CIMAPRA19-F03-1 exam's passing score is 100 out of 150 scaled score (~67%) and the registration fee is £165 / $215 USD (varies by region). These figures belong to CIMA and can be revised, so confirm them on the official site before scheduling.
CIMA states the following prerequisites for the CIMA F3 Financial Strategy: Completion of CIMA Management Level or relevant exemptions; must pass before Strategic Case Study.
For the authoritative details, see the official certification page.
CIMA recommends these official training resources:
Pair the course that fits your background with consistent question practice for the best results.
According to the latest exam information, the CIMAPRA19-F03-1 exam contains 60 questions and lasts 90 minutes minutes. Simulating those conditions at home with the PC test engine is excellent preparation for the real environment.
CIMA F3 Financial Strategy Sample Questions:
The ex div share price of a company's shares is $2.20.
An investor in the company currently holds 1,000 shares.
The company plans to issue a scrip dividend of 1 new share for every 10 shares currently held.
After the scrip dividend, what will be the total wealth of the shareholder?
Give your answer to the nearest whole $.
Correct Answer:
$ ? .
2200
JAG and ZEB are two listed companies. JAG is approximately 20 times the size of ZEB.
10 days ago JAG made a hostile bid for ZEB. offering a share exchange.
The bid price represents a 10% profit to the shareholders of ZEB at today's market prices to reflect the high levels of synergistic benefits that JAG expects to realise from the transaction.
Which of the following is the greatest future threat to the post-transaction value for JAG?
- A. Forecast synergistic benefits are not realised.
- B. New shareholders acquired from ZEB demand a higher dividend payout than JAG is used to.
- C. New shareholders acquired from ZEB withdraw their investment by selling their shares within 12 months.
- D. Negative market response to the bid.
Correct Answer: A 🗳️
A company is undertaking a lease-or-buy evaluation, using the post-tax cost of bank borrowing as the discount rate.
Details of the two alternatives are as follows:
Buy option:
* To be financed by a bank loan
* Tax depreciation allowances are available on a reducing-balance basis
* Assets depreciated on a straight-line basis
Lease option:
* Finance lease
* Maintenance to be paid by the lessee
* Tax relief available on interest payments and book depreciation
Which THREE of the following are relevant cashflows in the lease-or-buy appraisal?
- A. Tax relief on the book depreciation
- B. Tax relief on tax depreciation allowances
- C. Maintenance payments
- D. Bank loan payments
- E. Lease payments
Correct Answer: A,B,E 🗳️
Company A needs to raise AS500 mi lion to invest in a new project and is considering using a pub ic issue of bonds to finance the investment.
Which THREE of the following statements-relating to this bond issue are true?
- A. The largest issuer of bond i3 the government.
- B. A company must be listed before it can issue bones.
- C. Purchasing bonds in the capital markets enables entities to borrow large amounts of finance.
- D. The bond market is unregulated making it easier to raise finance
- E. Bonds issues in the corporate debt market are underwritten.
Correct Answer: A,B,C 🗳️
A company is considering hedging the interest rate risk on a 3-year floating rate borrowing linked to the
12-month risk-free rate.
If the 12-month risk-free rate for the next three years is 2%, 3% and 4%, which of the following alternatives would result in the lowest average finance cost for the company over the three years?
- A. Enter into an interest rate swap at 3.1% fixed against 12-month risk-free rate.
- B. Enter into an interest rate cap at an annual premium of 0.533% and a cap of 3%,
- C. Enter into a zero-cost collar with a floor of 2.9% and a ceiling of 4%.
- D. Do not hedge.
Correct Answer: D 🗳️
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