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AFM Practice Apply Guidance - Step 1

This document provides an overview of practice questions for the ACCA AFM Step 1 exam. It lists two sets of questions - Part A focuses on the role of the senior financial advisor with one 25-mark question from a past exam. Part B covers advanced investment appraisal with two 25-mark questions, one including an online debrief, testing NPV, IRR and sensitivity analysis. Additional questions are available in an accompanying ebook for further practice.

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Martin Cannon
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0% found this document useful (0 votes)
52 views1 page

AFM Practice Apply Guidance - Step 1

This document provides an overview of practice questions for the ACCA AFM Step 1 exam. It lists two sets of questions - Part A focuses on the role of the senior financial advisor with one 25-mark question from a past exam. Part B covers advanced investment appraisal with two 25-mark questions, one including an online debrief, testing NPV, IRR and sensitivity analysis. Additional questions are available in an accompanying ebook for further practice.

Uploaded by

Martin Cannon
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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ACCA AFM - Step 1

Practice and Apply Questions

Introduction
These questions have been specially selected by BPP’s subject matter experts to ensure that you are
as prepared as possible for your forthcoming exam. Some questions have an online debrief, these are
identified below.

The time allowed is not the time to complete the questions - it includes time for you to attempt the
question and thoroughly review the solution. The AFM exam is 3.25 hours which equates to 1.95
minutes per mark. BPP always recommend that you spend time getting familiar with your paper at
the start of your exam, reading the requirements carefully and planning your answers.

Further questions are also available in the ebook that accompanies BPP's AFM workbook which can
be utilised if extra question practice is required, but the questions listed here should be attempted as
a priority.

Taught phase Step 1

Part A: The role of the senior financial advisor

P&R Kit Q Question No. Time Online


Overview
Number Name Marks Debrief
Q5 Tillinton 25 60 mins Mainly covers ratio analysis
to evaluate financial
performance. This question
is from the Sep 2018 AFM
exam.

Part B: Advanced investment appraisal

P&R Kit Q Question No. Time Online


Number
Overview
Name Marks Debrief
Q9 Fernhurst 25 60 mins  NPV, duration and sensitivity
analysis.
Q14 25 60 mins IRR, MIRR, VAR. Based on a
Tisa
2012 exam question. Ignore
parts b and part (a) for now as it requires
c the adjustment of a beta factor
and this is not covered until
chapter 6. Assume a cost of
capital of 13% as you attempt
part b.

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