Hi, I was told that the F9 exam is split into 4 questions of 25 marks each. I was also told that the first three are:
- 25 marks on working capital
- 25 marks on investment appraisal
- 25 marks on financing decisions
and 25 marks on everything else (risk management, dividends, etc). Is this true please?
That is partly true!
There will be 4 questions of 25 marks each, but the content of each question changes.
One will be mainly investment appraisal, but can also include calculation of the cost of capital.
One will contain working capital management, but it might not be the whole question – part (for example) may be on foreign exchange risk.
The same applies for all of the questions. The examiner will likely test all sections of the syllabus, but the way he spreads it between the questions changes. Every question is made up of several parts, and the parts are sometime not related to each other at all.
Ok, thank you
You are welcome
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