Real CIMA F2 practice exam questions for easy pass!
Last Updated: Oct 07, 2026
No. of Questions: 212 Questions & Answers with Testing Engine
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| Section | Weight | Objectives |
|---|---|---|
| Financial reporting standards | 25% | |
| Financing capital projects | 15% | |
| Group accounts | 25% | |
| Integrated reporting and sustainability reporting | 10% | |
| Analysing financial statements | 25% |
MN had the following profit figures for the year ended 30 November 20X6:
MN's statement of financial position at 30 November 20X6 included the following:
Calculate return on capital employed for MN for the year ended 30 November 20X6.
Give your answer to one decimal place.
? %
Correct Answer:
15.9, 15.91, 15.90, 16, 16.0
Which TWO of the following are true for an entity raising equity finance using a rights issue rather than a placing of equity shares to new investors?
Correct Answer: C,D 🗳️
XY has a weighted average cost of capital (WACC) of 12%. The debt:equity ratio is 1:3 and this is considered low for the industry. XY needs to raise finance to purchase new machinery in the coming year.
Which of the following forms of finance is most likely to increase the WACC?
Correct Answer: D 🗳️
GH issued a 6% debenture for $1,000,000 on 1 January 20X4. A broker fee of $50,000 was payable in respect of this issue. The effective interest rate associated with this debt instrument is 7.2%.
The carrying value of the debenture at 31 December 20X4 is:
Correct Answer: B 🗳️
Information from the financial statements of RST for the year ended 30 April 20X9 is as follows:
At 30 April 20X9 the ordinary shares are trading at $4.75.
What is the price earnings (P/E) ratio for RST at 30 April 20X9?
Correct Answer: A 🗳️
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