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FM Chapter 1 Questions – Financial management objectives

VIVA Subject Guide
 

92 Comments

  1. micheal
    Warms greetings please where can i find Fm exams kit to revise on
  2. mrjonbainModerator
    You can receive 20% off BPP books with this site-

    https://opentuition.com/20-discount-bpp-books/

    Hope this helps.
  3. micheal
    Thank you
  4. mrjonbainModerator
    You are welcome.
  5. Anita
    These questions provide a good overview of few of the concepts.
  6. David
    great test
  7. John MoffatTutor
    Yes they are still relevant. However they are only short quizzes and it is essential that you also use a Revision Kit because they are full of past exam and other exam standard questions.
  8. Folakemi
    Are these EOC Online Quiz questions still relevant for current exams? For example, Chapter 1 named Financial Management Objectives seems to only discuss the nature and scope of financial management, the key areas - raising finance, investment decision, etc. But the questions I see here have to do with things like connected shareholders, the 4 E's, etc.
  9. Devine
    Quiz very helpful thank you?
  10. Nadeem
    Are these notes and lectures are valid for Dec 2024?
  11. John MoffatTutor
    Yes they are :-)
  12. Anushka
    Hi! Is the study material valid for September 2024 exam?
  13. John MoffatTutor
    Yes it is - there are no syllabus changes :-)
  14. zainab
    Good day thank you for your effort, my question is regarding the material my exams on June 2024 so can I use the material available or their are new materials .
  15. John MoffatTutor
    The lectures are all valid for the June 2024 exams.
  16. kyokusiima
    hey....
    Are all the lectures, notes and everything here valid for December 2023
  17. John MoffatTutor
    Yes they are.
  18. s
    are all the lectures,notes and everything here valid for december 2023
  19. Gintare
    Hello. Why maximising and satisficing weren't mentioned in the notes? Thank you
  20. Nkurunziza
    Good day to you
    Is open tuition for FM valid for September 2023 exam?
  21. John MoffatTutor
    Yes - everything is valid for September 2023
  22. Syahmina
    thankyou for the quiz. I have a question, is there is any explanation on question 4 on why is both statement is true?

    Im a bit concern about, is opentuition is well equipped for 2022 december exam?
  23. John MoffatTutor
    They are the definitions of maximising and satisficing :-)

    Our lectures are always up-to-date for the current syllabus.
  24. Victoria
    Good day to you
    Is open tuition for FM valid for march 2023
  25. John MoffatTutor
    Yes. The ACCA will not review the syllabus until after the June 2023 exams.
  26. Martin
    Hi! I would like to ask why the most appropriate objective for a not-for-profit organization is the efficient use of resources and not minimizing input costs? Thank you!
  27. John MoffatTutor
    Using resources as efficiently as possible will automatically reduce the input costs for the same provision of services. They will make sure that the buy their resources from the cheapest supplier but their main objective will be to use those resources to their best advantage.

    For more on not-for-profit organisations do watch our free Paper PM lectures on them (it is more relevant for Paper PM).
  28. luzango
    Open tuition you are the best!
  29. opentuition_teamAdmin
    Thanks :-)
  30. CHARLES
    NICE ONE. I LOVE THIS OPPORTUNITY
  31. Mirajul
    Thanks for the quiz. Its really helpful.
  32. Micheal
    Great
  33. John MoffatTutor
    :-)
  34. Mark
    A very well put together Quiz. Thanks a lot for all the efforts OpenTution!!
  35. John MoffatTutor
    Thank you (although appreciate that it is only a quick quiz and you must buy a Revision Kit from one of the ACCA Approved Publishers, because it is full of questions to practice :-) )
  36. Asher
    Thanks for the quiz. Very helpful practice though a bit tricky as the quiz covers areas like VFM, Stakeholders and maximising and satisfying not contained in the lectures notes or video lecture on this chapter.
  37. rafa
    Is FM course well equipped for 2020 exam session? mean all lecture,guide note,Quiz,Flashcard enough for Financial management? Because I am only following Opentuition footstep for my exam on Sep 2020 sitting.
  38. John MoffatTutor
    Everything is up to date for the September 2020 exam.

    However do make sure you buy a Revision Kit from one of the ACCA approved publishers because practice at past exam and other exam standard questions is vital.
  39. Hamza rajput
    best of luck jani
    plz give me feedback when you will attempt the paper
  40. Rachael
    thank you for the quiz
    well formulated
    opened my mind
  41. John MoffatTutor
    Thank you for your comment :-)
  42. sohailshahgilani
    Please help me in understanding the distinction between Maximising and Satisficing ?
  43. John MoffatTutor
    Maximising is getting the best possible result. Satisfying is getting an acceptable result - i.e. one that satisfies the person making the decision.

    For example, the best possible result in an exam is 100%. However if the pass rate is 50% you might be satisfied with getting only 51%.
  44. Kay
    Great explanation
  45. John MoffatTutor
    Thank you for your comment :-)
  46. fahizmpptr
    Thank you very much. John sir.
  47. Sanjana
    Thank you for the quiz, John. Super helpful! :)
  48. John MoffatTutor
    You are welcome :-)
  49. Asher
    Great quiz. Thanks a lot
  50. John MoffatTutor
    Thank you for your comment :-)
  51. nkundeji
    some question do not relate to the lecture notes for chapter one..
  52. Ansu Koroma
    Thanks John. Very helpful.
  53. Zeshan957
    Sir there is some questions not relevant with chapter 1 and lecture.
  54. fatjay87
    sir
    I want u to help me get a sure pass for f9 june 2018
  55. John MoffatTutor
    Well a good start would be to ask in the Ask the Tutor Forum saying what help you need, rather than posting under a set of test questions!!
  56. Theodoor
    I am a little bit surprised by these questions.
    They do not relate to the lecture notes of chapter one nor to the video's. (Where are the three E's mentioned in chapter 1?
  57. John MoffatTutor
    Maybe they are a little unfair, but they are mostly revision from earlier exams.
  58. Tamoor
    Three E's are;
    Efficiency
    Effectiveness and
    Economy.
    They are mentioned in lecture notes at the end of last page I believe. In other words they are known as Fundamentals of Value for money. Thank you for reading.
  59. Zainab
    Thanks a lot! =D
  60. John MoffatTutor
    You are welcome :-)
  61. George
    Hi John,

    I'm looking forward to working through the F9 materials over the next 3 months.

    Your F5 lectures were a great help when I successfully studied for the March 16 exam.

    Thank you for all the hard work you have put in updating and adding materials in line with the recent ACCA format changes.
  62. John MoffatTutor
    Thank you very much for your comments.

    You can start working through the F9 materials now, because the syllabus is not changing for March 2017 :-)
  63. quaicyoffei
    hi pls will the syllabus from december 2017 differ from june 2018?
  64. John MoffatTutor
    No - it is not changing.
  65. Munyaneza francois
    nice
  66. John MoffatTutor
    Thanks :-)
  67. dicta
    I love the response
  68. John MoffatTutor
    Which response? :-)
  69. sunny20
    It's really good. I like it!
  70. John MoffatTutor
    Great :-)
  71. summerangelx
    Love it so much. It is really helpful.
  72. John MoffatTutor
    Thanks :-)
  73. oyuka
    sir ,

    screen is gray no question
  74. John MoffatTutor
    You must have a slow connection - it is grey while the test loads (but it is working fine).
  75. Tina
    Can you give me more question to pratice for each chapter? Thank you!
  76. John MoffatTutor
    Sorry, but no.
    You must buy a Revision Kit from one of the ACCA approved publishers - they contain lots of lots of exam standard questions and it is vital that you practice them all.
  77. fitzroy
    clicked on finish at the end of the quiz but that does not take me any further.
  78. John MoffatTutor
    But where do you want it to take you to? :-)
  79. bukenya
    I just love the response!!!!!!
  80. John MoffatTutor
    :-)
  81. Jane
    I would expect it to take me back to the main menu so that I can move on to the next test!
  82. John MoffatTutor
    The intention is to attempt each test after having watched the relevant lectures on the topic - not to simply work through all the tests at once!! (That is what your Revision Kit is for)
  83. jillian
    Loving the additional chapter resources OT great job
  84. NadAcca
    Hi. Are the questions from the past exam papers and specimen?
  85. John MoffatTutor
    Some of them are.
  86. ismailshah
    Hi,
    I cant see the question, page is just all gray
  87. John MoffatTutor
    It is grey while the test downloads - your internet connection must have been interrupted.
  88. fatimaaziz
    Thanks
  89. teonela
    perfect.
  90. John MoffatTutor
    Great :-)
  91. Desiree
    the screen is gray for over 10 minutes. questions not loading
  92. John MoffatTutor
    It is working fine - the problem must be at your end.
    Please go to the support page. The link is above.

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