CIMA Mock Exams - LDNx Today we have a question relating to the new 2019 syllabus for F1. The question was: If an organisation’s Statement of Financial Position was constructed so that Total Liabilities and Equity equalled £12,000,000 What must total assets equal? This question relates to ‘B: Financial Statements’ and is a slightly different version of the question in … Read more
Today we have a question relating to the new 2019 syllabus for E1. The question was: Of the scenarios below where does the finance department have an advantage over data scientists? This question relates to ‘C: Data and Information in the Digital World’ and is a slightly different version of the question in one of … Read more
Today we have a question relating to the new 2019 syllabus for P3. The question was: Which of the following is a useful tool for stress testing a strategy? This question relates to ‘B: Strategic Risk’ and is a slightly different version of the question in one of our free mock exams. The correct answer … Read more
Today we have a question relating to the new 2019 syllabus for P2. The question was: If an organisation stopped holding raw inventory and had agreements with its suppliers to provide the materials within a given delivery window, what has the organisation implemented? This question relates to ‘A: Managing the Costs of Creating Value’ and … Read more
Today we have a question relating to the new 2019 syllabus for P1. The question was: Which one of the following types of costs would not be considered in a discontinuation decision? This question relates to ‘C: Short-term commercial decision making’ and is a slightly different version of the question in one of our free … Read more
Today we have a question relating to the new 2019 syllabus for F2. The question was: Which one of the following is not a characteristics of a Bond? This question relates to ‘A: Financing Capital Projects’ and is a slightly different version of the question in one of our free mock exams. The correct answer … Read more
Today we have a question relating to the new 2019 syllabus for F1. The question was: An organisation generated total revenue of £100,000,000 with cost of goods of £75,000,000. It also incurred selling expenses of £7,000,000 and administrative expenses of £6,000,000. Along with a gain on the sale of an investment of £3,000,000 and a … Read more
Today we have a question relating to the new 2019 syllabus for E1. The question was: What are the potential consequences of not completing internal Strategic Partnering? This question relates to ‘D: Shape and structure of the finance function’ and is a slightly different version of the question in one of our free mock exams. … Read more
Today we have a question relating to the new 2019 syllabus for P3. The question was: Which one of the following is the first step of the Five-Step Transition as part of the COSO framework? This question relates to ‘C: Internal Controls’ and is a slightly different version of the question in one of our … Read more
Today we have a question relating to the new 2019 syllabus for P2. The question was: Two departments operate a dual transfer pricing policy. Department A has variable costs of £15/unit and operates a cost plus mark up at 30%. Department B records these purchases for £17/unit. This question relates to ‘C: Managing and Controlling … Read more