PDF for paper, SOFT for PC simulation, APP for everything else: the CIMA F3 Financial Strategy package from PassCollection covers every study style, and statistically the APP version wins, chosen by the majority of examinees. All versions carry the same CIMAPRA19-F03-1 questions.
CIMA CIMAPRA19-F03-1 Exam Overview:
| Certification Vendor: | CIMA |
|---|---|
| Exam Name: | Financial Strategy |
| Exam Number: | F3 |
| Exam Format: | Computer-based Objective Test, Multiple Choice Questions |
| Available Languages: | English |
| Related Certifications: | CIMA Operational Level CGMA Designation CIMA Management Level |
| Certificate Validity Period: | Indefinite (once qualification requirements are completed) |
| Exam Duration: | 90 minutes |
| Passing Score: | 100/150 (≈50%) |
| Real Exam Qty: | 60 |
| Recommended Training: | Kaplan CIMA Training CIMA Official Learning |
| Exam Registration: | Pearson VUE CIMA Exams Booking CIMA Official Exam Registration |
| Sample Questions: | ![]() |
| Exam Way: | Computer-based exam delivered via test centers or approved online proctoring platforms. |
| Pre Condition: | Completion of CIMA Management Level (E2, P2, F2) is required before attempting F3. |
| Official Syllabus URL: | https://www.aicpa-cima.com |
CIMA CIMAPRA19-F03-1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Financial Risk Management and Treasury | 10% | - Risk management techniques
|
| Topic 2: Corporate Finance | 30% | - Financing decisions
|
| Topic 3: Financial Strategy Framework | 25% | - Financial objectives and stakeholder value
|
| Topic 4: Investment Appraisal and Decisions | 25% | - Investment evaluation techniques
|
| Topic 5: Mergers, Acquisitions and Business Valuation | 10% | - Valuation and deal structure
|
CIMA CIMAPRA19-F03-1 Exam FAQ: Worry-Free Answers
CIMA F3 Financial Strategy is an official CIMA certification exam, listed under the code CIMAPRA19-F03-1. Passing it earns you the CGMA (CIMA Professional Qualification) certification, positioned at the Expert level. It also connects to CIMA Operational Level, CIMA Management Level, CGMA Designation. For anyone aiming at a leadership track in IT, this credential is one of the clearest markers of verified skill.
The CIMA F3 Financial Strategy exam contains 60 questions to answer within 90 minutes. The SOFT engine from PassCollection imitates the real test scene on your computer and uses special methods to help you master questions and answers, so the official time limit becomes a practiced routine rather than a surprise.
Completion of CIMA Management Level (E2, P2, F2) is required before attempting F3.
Vendor requirements are revised periodically, so confirm the current conditions before registering via the official exam page.
Sign-up for CIMA F3 Financial Strategy goes through the official channels below.
One planning note: the exam is delivered Computer-based exam delivered via test centers or approved online proctoring platforms..
CIMA recommends the following training for CIMA F3 Financial Strategy candidates.
Reinforce whichever training you pick with the 435 practice questions in the PassCollection CIMAPRA19-F03-1 package, edited by experts who follow real test changes firsthand.
Three versions share the same verified content: the PDF prints unlimited copies for paper study, the SOFT engine imitates the real test scene on Windows PCs, and the APP version runs on all electronic products, which is why the majority of examinees choose it. A free demo lets you try before deciding, and after purchase updates are free for 365 days, extendable afterward at a 50% discount.
Worry-free shopping means a 100% money-back guarantee with stated 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. Alternatively, exchange for two other exam products of equal value, free, keeping the update service on your original purchase.
Delivery is immediate: files unlock for download at payment and are emailed to you within one minute. If nothing arrives within 2 hours, check spam and contact our 7/24 customer attendants, who reply within two hours. Installation is unlimited, and credit card payment keeps your money safe.
CIMA F3 Financial Strategy is structured into 5 official domains. The leading ones are Financial Risk Management and Treasury (10%), Financial Strategy Framework (25%), and Mergers, Acquisitions and Business Valuation (10%). The full topic breakdown appears above; accurate preparation starts with an accurate map.
CIMA F3 Financial Strategy Sample Questions:
Z wishes to borrow at a floating rate and has been told that it can use swaps to reduce the effective interest rate it pays. Z can borrow floating at Libor ' 1, and fixed at 10%.
Which of the following companies would be the most appropriate for Z to enter into a swap with?
- A. Company D - it can borrow at L +1 ½ and fixed at 10.5%
- B. Company A - it can borrow floating L +1 ½ and fixed at 9.5%
- C. Company C - it can borrow at L +1 ½ and fixed at 9%
- D. Company E - it can borrow floating at L +1 ½ and fixed at 12%
Correct Answer: C 🗳️
The ex div share price of Company A's shares is $.3.50
An investor in Company A currently holds 2,000 shares.
Company A plans to issue a script divided of 1 new shares for every 10 shares currently held.
After the scrip divided, what will be the total wealth of the shareholder?
Give your answer to the nearest whole $.
Correct Answer:
7000
Which THREE of the following statements about stock market listings are correct?
- A. A prerequisite to obtaining a listing is that a public company must reregister as a private company first.
- B. The increased scrutiny that applies to listed companies makes them less attractive to investors.
- C. When seeking a listing to raise capital companies typically must ensure they include any costs of underwriting shares they need to issue.when determining the number of
- D. Listed companies may be viewed more favorably by suppliers and consequently granted more generous payment terms than private companies
- E. The reporting requirements for listed companies are more onerous than those for private companies
Correct Answer: C,D,E 🗳️
Extracts from a company's profit forecast for the next financial year as follows:
Since preparing the forecast, the company has decided to return surplus cash to shareholders by a share repurchase arrangement.
The share repurchase would result in the company purchasing 20% of the 1,250 million ordinary shares currently in issue and canceling them.
Assuming the share repurchase went ahead, the impact on the company's forecast earnings per share will be an increase of:
- A. $0.100
- B. $0.200
- C. $0.175
- D. $0.125
Correct Answer: A 🗳️
A company based in the USA has a substantial fixed rate borrowing at an interest rate of 3.5% and wishes to swap a part of this to a floating rate to take advantage of reducing interest rates Its bank has quoted swap rates of 3 4%-3 5% against 12-month USD risk-free rate.
What is the overall interest rate achieved by the company under this borrowing plus swap combination?
- A. 12-month USD risk-free rate plus 0.1% (where 0.1% = the fixed rate of 3.5% minus the swap rate of 3.4%)
- B. 12-month USD risk-free rate minus 0.1% (where 0.1% = the fixed rate of 3.6% minus the swap rate of 3.4%)
- C. Unchanged at 3.60% as this is the same as the swap rate
- D. 12-month USD risk-free rate
Correct Answer: A 🗳️
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