CIMA CIMAPRA19-F03-1 Exam Questions : F3 Financial Strategy

  • Exam Code: CIMAPRA19-F03-1
  • Exam Name: F3 Financial Strategy
  • Updated: Aug 27, 2026
  • Q&As: 435 Questions and Answers

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Format of the CIMA F3: Financial Strategy Exam

  • Language: English
  • Passing score: 70 percent
  • Format: Numerous choices, multiple responses
  • Length of Examination: 90 minutes
  • Number of questions: 60

Reference: https://planner.cimaglobal.com/proqual/2019/strategic/F3

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CIMA CIMAPRA19-F03-1 Exam Syllabus Topics:

SectionWeightObjectives
Sources of Long-Term Funds25%- Equity Finance
  • 1. Rights issues
  • 2. Ordinary shares
  • 3. Private placements
- Debt Finance
  • 1. Bank borrowing
  • 2. Lease finance
  • 3. Loan notes and bonds
- Capital Structure and Dividend Policy
  • 1. Capital structure theories
  • 2. Cost of capital
  • 3. Dividend policy theories
Financial Risks20%- Risk Identification and Assessment
  • 1. Liquidity risk
  • 2. Market risk
  • 3. Credit risk
- Currency Risk Management
  • 1. Hedging techniques
  • 2. Transaction exposure
  • 3. Translation exposure
- Interest Rate Risk Management
  • 1. Forward rate agreements
  • 2. Interest rate derivatives
  • 3. Interest rate exposure
Business Valuation40%- Post-Transaction Issues
  • 1. Performance monitoring
  • 2. Value realization
  • 3. Integration planning
- Mergers and Acquisitions
  • 1. Financial implications
  • 2. Acquisition financing
  • 3. Strategic rationale
- Business Valuation Techniques
  • 1. Asset-based valuation
  • 2. Earnings and market-based valuation
  • 3. Discounted cash flow valuation
Financial Policy Decisions15%- Development of Financial Strategy
  • 1. Financing decisions
  • 2. Dividend decisions
  • 3. Investment decisions
- Strategic Financial Objectives
  • 1. Shareholder wealth maximization
  • 2. Stakeholder objectives
  • 3. Financial and non-financial objectives

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