F3 Objective Test

F3 - Strategic Level Level

Practice Exams

CIMA Objective Test Practice

Objective Test Practice

Test your knowledge with authentic CIMA-style objective test questions. Get instant feedback and detailed explanations to improve your understanding.

60 questions in 90 minutes

All 6 CIMA question types included

Instant results with detailed explanations

Unlimited practice attempts

Performance tracking and analytics

Question Types Covered

• Single Best Answer

• Multiple Response

• True/False

• Fill in the Gap

• Matching

• Ordering/Sequencing

Subject Access Required

Practice exams are available to all students with subject access. Get access to unlock unlimited practice exams with detailed explanations and performance analytics.

Subject access includes:

All video lessons

Unlimited practice exams

Detailed answer explanations

Performance analytics

View Upgrade Options

Preparing for Objective Test exams

1 module • Has lessons • This section builds your foundation for success in the CIMA Objective Test. You’ll learn how the exam works, the question styles, timing strategies, and how to optimise your study time. Whether you're new or retaking, this phase equips you with the mindset, tools, and approach needed to pass efficiently.

F3 Subject overview

1 module • Has lessons • Get a clear roadmap of your subject. This section introduces each syllabus area, showing how topics interconnect and why they matter. It also explains how the subject contributes to your role as a management accountant—ideal before diving into detailed theory.

A. Financial policy decisions

2 modules • Has lessons • Understand how dividend, financing, and investment policies affect shareholder value. This section covers theories like Modigliani-Miller and practical policy formulation.

B. Sources of long-term funds

4 modules • Has lessons • Explore how organisations fund expansion. Topics include equity, debt, hybrid instruments, and the trade-offs between cost, control, and risk.

C. Financial risks

4 modules • Has lessons • Learn how to identify and manage interest rate, currency, and credit risks. This section includes natural hedging and the use of financial derivatives.

D. Business valuation

4 modules • Has lessons • Gain expertise in valuing companies and investments using techniques like DCF, earnings multiples, and asset-based methods—essential for M&A and strategic decision-making.

F3 mock exams

5 modules • Access exam-standard mocks that mirror the real CIMA exam experience. These timed simulations help you practise under pressure, check your readiness, and target weak spots. Each mock includes full solutions and explanations to sharpen your technique and boost confidence for exam day.