Free CIMA CIMAPRA19-F03-1-ENG Exam Questions

Become CIMA Certified with updated CIMAPRA19-F03-1-ENG exam questions and correct answers

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Total 305 Questions | Updated On: Jan 08, 2025

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Question 1

A company has just received a hostile bid. Which of the following response strategies could be considered?

A : value non-current assets

B : ison pill strategy

C : ange the Articles of Association to amend voting rights

D : proach a White Knight

Answer: D

Question 2

Which THREE of the following would be most important if a hospital wishes to review the effectiveness of its services?

A : proportion of surgical procedures that are deemed to be successful.

B : erage waiting times for treatment.

C : tient satisfaction ratings.

D : aff costs compared to previous years.

E : venue generated from car park charges.

Answer: A,B,C

Question 3

The International Integrated Reporting Council (IIRC) was formed in August 2010 and brings together a

cross-section of representatives from a wide variety of business sectors.

The primary purpose of the IIRC's framework is to help enable an organsation to communicate how it:

A : nimises the environmental impact of its business processes.

B : eates value in the short, medium and long term.

C : ntributes positively to the economic well being of the environment in which it operates.

D : ures that the conflicting needs of different stakeholder groups are met in an optimal manner.

Answer: B

Question 4

A company needs to raise $20 million to finance a project.

It has decided on a rights issue at a discount of 20% to its current market share price.

There are currently 20 million shares in issue with a nominal value of $1 and a market price of $5 per share.

Calculate the terms of the rights issue.

A : 1 new share for every 4 existing shares

B : 1 new share for every 20 existing shares

C : 1 new share for every 5 existing shares

D : 1 new share for every 25 existing shares

Answer: A

Question 5

Which THREE of the following are considered in detail in IFRS 7 Financial Instruments: Disclosures?

A : edit risk

B : iness risk

C : rket risk

D : terprise risk

E : quidity risk

Answer: A,C

Page: 1 / 61

Total 305 Questions | Updated On: Jan 08, 2025

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