The Chartered Institute of Management Accountants: Financial Management Exam
Financial Pillar
F2 – Financial Management
Instructions to candidates
You are allowed three hours to answer this question paper. You are allowed 20 minutes reading time before the examination begins during which you should read the question paper and, if you wish, highlight and/or make notes on the question paper. However, you will not be allowed, under any circumstances, to open the answer book and start writing or use your calculator during this reading time. You are strongly advised to carefully read ALL the question requirements before attempting the question concerned (that is all parts and/or subquestions). ALL answers must be written in the answer book. Answers written on the question paper will not be submitted for marking. You should show all workings as marks are available for the method you use. ALL QUESTIONS ARE COMPULSORY. Section A comprises 5 questions and is on pages 2 to 7. Section B comprises 2 questions and is on pages 8 to 11. Maths tables and formulae are provided on pages 13 to 15. The list of verbs as published in the syllabus is given for reference on page 19. Write your candidate number, the paper number and examination subject title in the spaces provided on the front of the answer book. Also write your contact ID and name in the space provided in the right hand margin and seal to close. Tick the appropriate boxes on the front of the answer book to indicate the questions you have answered.
The Chartered Institute of Management Accountants 2011
F2 – Financial Management
4 March 2011 – Friday
SECTION A – 50 MARKS
[You are advised to spend no longer than 18 minutes on each question in this section.]
ANSWER ALL FIVE QUESTIONS IN THIS SECTION
Question One
The income statements for KL, LM and NP for the year ended 31 December 2010 are shown below. KL $000 4,000 (2,300) 1,700 (900) (350) 70 520 (250) 270 LM $000 1,500 (1,000) 500 (120) (150) 230 (80) 150 NP $000 1,200 (800) 400 (80) (100) 220 (100) 120
Revenue
F2 – Financial Management
Instructions to candidates
You are allowed three hours to answer this question paper. You are allowed 20 minutes reading time before the examination begins during which you should read the question paper and, if you wish, highlight and/or make notes on the question paper. However, you will not be allowed, under any circumstances, to open the answer book and start writing or use your calculator during this reading time. You are strongly advised to carefully read ALL the question requirements before attempting the question concerned (that is all parts and/or subquestions). ALL answers must be written in the answer book. Answers written on the question paper will not be submitted for marking. You should show all workings as marks are available for the method you use. ALL QUESTIONS ARE COMPULSORY. Section A comprises 5 questions and is on pages 2 to 7. Section B comprises 2 questions and is on pages 8 to 11. Maths tables and formulae are provided on pages 13 to 15. The list of verbs as published in the syllabus is given for reference on page 19. Write your candidate number, the paper number and examination subject title in the spaces provided on the front of the answer book. Also write your contact ID and name in the space provided in the right hand margin and seal to close. Tick the appropriate boxes on the front of the answer book to indicate the questions you have answered.
The Chartered Institute of Management Accountants 2011
F2 – Financial Management
4 March 2011 – Friday
SECTION A – 50 MARKS
[You are advised to spend no longer than 18 minutes on each question in this section.]
ANSWER ALL FIVE QUESTIONS IN THIS SECTION
Question One
The income statements for KL, LM and NP for the year ended 31 December 2010 are shown below. KL $000 4,000 (2,300) 1,700 (900) (350) 70 520 (250) 270 LM $000 1,500 (1,000) 500 (120) (150) 230 (80) 150 NP $000 1,200 (800) 400 (80) (100) 220 (100) 120
Revenue