CIMAPRA19-F03-1 100％시험패스덤프문제 - CIMAPRA19-F03-1최신업데이트버전공부문제

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최근 IT 업종에 종사하는 분들이 점점 늘어가는 추세하에 경쟁이 점점 치열해지고 있습니다. IT인증시험은 국제에서 인정받는 효력있는 자격증을 취득하는 과정으로서 널리 알려져 있습니다. PassTIP의 CIMA인증 CIMAPRA19-F03-1덤프는IT인증시험의 한 과목인 CIMA인증 CIMAPRA19-F03-1시험에 대비하여 만들어진 시험전 공부자료인데 높은 시험적중율과 친근한 가격으로 많은 사랑을 받고 있습니다.

CIMA F3 인증 시험은 재무 및 회계 분야의 경력을 개발하려는 개인에게 이상적입니다. 이 인증은 전 세계적으로 인정되며 금융 산업에서 매우 존경받습니다. 이 시험은 복잡한 재무 정보를 분석하고 재무 위험과 기회를 식별하며 이러한 위험을 관리하고 이러한 기회를 활용하는 전략을 개발하는 후보자의 능력을 테스트하도록 설계되었습니다. CIMA F3 인증 시험에 합격하면 재무 전략에 대한 후보자의 전문 지식과 조직에 가치를 더할 수있는 능력이 나타납니다.

CIMA (Chartered Institute of Management Accountants) F3 시험은 재무 전략에 중점을 둡니다. CIMA 전문 자격의 핵심 시험 중 하나이며 경영 회계 또는 재무 관리 분야에서 경력을 쌓고 자하는 사람에게는 필수적입니다. 이 시험은 재무 전략의 주요 원칙에 대한 후보자의 이해, 재무 정보 분석 능력 및 재무 계획 개발 및 구현 기술을 평가합니다.

>> CIMAPRA19-F03-1 100％시험패스 덤프문제 <<

CIMAPRA19-F03-1 100％시험패스 덤프문제 완벽한 시험덤프 데모문제 다운

PassTIP의 CIMA인증 CIMAPRA19-F03-1덤프는 다른 덤프판매 사이트보다 저렴한 가격으로 여러분들께 가볍게 다가갑니다. CIMA인증 CIMAPRA19-F03-1덤프는 기출문제와 예상문제로 되어있어 시험패스는 시간문제뿐입니다.

CIMA CIMAPRA19-F03-1 (F3 Financial Strategy) 자격증 시험은 금융 전략에 대한 전문성을 입증하고자 하는 후보자를 위한 세계적으로 인정받는 자격증 시험입니다. 이 시험은 재무 정보를 분석하고 평가하여 효과적인 금융 전략을 개발하고 시행할 수 있는 능력을 시험합니다. 이 시험은 금융 리스크 관리, 투자 결정 및 가치 평가 기술 등 다양한 주제를 다룹니다.

최신 CIMA Strategic level CIMAPRA19-F03-1 무료샘플문제 (Q288-Q293):

질문 # 288
Company F's current profit before interest and taxation is $5.0 million.
It has a 10% long-term corporate bond in issue with a nominal value of $10 million.
Corporate tax is paid at 25%.
The industry average P/E multiple is 10.
Company X has made an approach to acquire the entire share capital of Company F for $30 million.
Company X has announced that anticipated synergies (after interest and taxation) arising from its acquisition of Company F will be $1 million each year in perpetuity.
Advise the Board of Directors of Company F if the bid should be accepted, based on the above information?

정답：C

설명：
EBIT = 5m
Interest = 10% × 10m = 1m # PBT = 4m
Tax @25% = 1m # Earnings = 3m
Stand-alone equity value using industry P/E 10 = 3m × 10 = 30m
Synergies after tax = 1m p.a. in perpetuity # value (using same multiple) = 1m × 10 = 10m Value of F to X = 30m + 10m = 40m Offer of 30m is below this, so Board should reject on that basis.


질문 # 289
Company A plans to diversify by a cash acquisition of Company B an unlisted company in another country (Country B) which operates in a different industrial sector Company A already manufactures its product in Country B and has a loan denominated in Country B's currency Company A regularly suffers foreign exchange losses due to volatility in the exchange rate between the two countries' currencies in recent years.
Which THREE of the following appear to be be valid justifications of this diversification decision?

정답：A,B,D

설명：
B). Diversification into another product market will lower business risk Diversifying into a different sector can reduce unsystematic (business-specific) risk, as cash flows from different industries may be less correlated.
C). Greater protection from transaction risk
Company A already has B$ exposures (manufacturing and a B$ loan). Acquiring Company B, which operates and earns in B$, can provide B$ inflows that help naturally hedge B$ outflows, reducing transaction risk.
D). Greater protection from translation risk
The acquisition adds net assets in B$, which can act as a balance sheet hedge against existing B$ liabilities (such as the B$ loan). On consolidation, this can reduce the volatility of reported equity due to exchange rate movements, i.e. translation risk.
Option A is weak: political risk in Country B is not reduced by owning more assets there. E is doubtful because Company B is in a different industrial sector, so classic production scale economies are unlikely to be a primary justification.


질문 # 290
An entity prepares financial statements to 31 December each year. The following data applies:
1 December 20X0
* The entity purchased some inventory for $400,000.
* In order to protect the inventory against adverse changes in fair value the entity entered into a futures contract to sell the inventory for a fixed price on 31 January 20X1.
* The entity designated this contract as a fair value hedge of the value of the inventory.
31 December 20X0
* The inventory had a fair value of $480,000 and the futures contract had a fair value of $75,000 (a financial liability).
What will be the impact on the statement of profit or loss and other comprehensive income for the year ended
31 December 20X0 in respect of the change in the value of the inventory and the futures contract?

정답：B

설명：
This is a fair value hedge of inventory.
Under fair value hedge accounting, both:
the change in fair value of the hedged item (inventory), and
the change in fair value of the hedging instrument (futures)
go to profit or loss.
Inventory: fair value rises from $400,000 to $480,000 # gain $80,000.
Futures: fair value becomes a $75,000 liability # loss $75,000.
Net effect in P&L: $80,000 - $75,000 = $5,000 gain.
Nothing goes to OCI for a fair value hedge.


질문 # 291
Company A, a listed company, plans to acquire Company T, which is also listed.
Additional information is:
* Company A has 150 million shares in issue, with market price currently at $7.00 per share.
* Company T has 120 million shares in issue,. with market price currently at $6.00 each share.
* Synergies valued at $50 million are expected to arise from the acquisition.
* The terms of the offer will be 2 shares in A for 3 shares in T.
Assuming the offer is accepted and the synergies are realised, what should the post-acquisition price of each of Company A's shares be?
Give your answer to two decimal places.

정답：B

설명：


질문 # 292
Company Z has identified four potential acquisition targets: companies A, B, C and D.
Company Z has a current equity market value of $590 million.
The price it would have to pay for the equity of each company is as follows:

Only one of the target companies can be acquired and the consideration will be paid in cash.
The following estimations of the new combined value of Company Z have been prepared for each acquisition before deduction of the cash consideration:

Ignoring any premium paid on acquisition, which acquisition should the directors pursue?

정답：A

설명：
Current value of Z = 590m.
Price for targets: A 25m, B 62m, C 67m, D 60m.
Synergy (or value added) = Combined value - (Z value + Target price):
A: 620 - (590 + 25) = 5m
B: 655 - (590 + 62) = 3m
C: 666 - (590 + 67) = 9m
D: 652 - (590 + 60) = 2m


질문 # 293
......

CIMAPRA19-F03-1최신 업데이트버전 공부문제: https://www.passtip.net/CIMAPRA19-F03-1-pass-exam.html

참고: PassTIP에서 Google Drive로 공유하는 무료, 최신 CIMAPRA19-F03-1 시험 문제집이 있습니다: https://drive.google.com/open?id=1k6-sTrRITKQ1l0kxiyS1SgFBdG9_jKjt

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