Free CIMA CIMAPRA19-F03-1-ENG Exam Questions
Try our Free Demo Practice Tests for Comprehensive CIMAPRA19-F03-1-ENG Exam Preparation
-
CIMA CIMAPRA19-F03-1-ENG Exam Questions
-
Provided By: CIMA
- Exam: F3 Financial Strategy (Online)
- Certification: CIMA Professional Qualification
-
Total Questions: 305
-
Updated On: Nov 20, 2024
-
Rated: 4.9 |
-
Online Users: 610
-
Question 1
-
An unlisted company operates in a niche market, exploring the west coast of Africa for new oiI reservoirs.The oil exploration program has been successful in recent years and t now has a substantial amount of oilreserves with a high level of certainty of being recoverable Under financial reporting regulations, oil still in theground is not recognised as an asset unit is extracted.The expense of the exploration program has used up all the company’s available cash resources.The company has denied to list or a stock market and raise finds through an initial public offering to financeits drilling program.Which of the following valuation methods in the appropriate to use in calculating an initial listing price for thiscompany?
Answer: D
-
-
Question 2
-
A company gas a large cash balance but its directors have been unable to identify any positive NPV projects to
invest in. Which THREE of the following are advantages of a share repurchase, compared with a one-off large
dividend?
Answer: A,D
-
A company gas a large cash balance but its directors have been unable to identify any positive NPV projects to
invest in. Which THREE of the following are advantages of a share repurchase, compared with a one-off large
dividend?
-
Question 3
-
For which THREE of the following risk categories does IFRS 7 require sensitivity analysis?
Answer: A,C,D
-
For which THREE of the following risk categories does IFRS 7 require sensitivity analysis?
-
Question 4
-
A company’s statement of financial position includes non-current assets which are leased, the tax regimefollows the accounting treatment.Which cash flows should be discounted when evaluating the cost of lease finance?
Answer: B
-
-
Question 5
-
Company Z has just completed the all-cash acquisition of Company A.Both companies operate in the advertising industry.The market considered the acquisition a positive strategic move by Company Z.Which THREE of the following will the shareholders of Company Z expect the company's directors toprioritise following the acquisition?
Answer: A,C
-