Strategic Professional · Paper AFM

ACCA Advanced Financial Management practice questions

Advanced investment appraisal, treasury and corporate reorganisation. Sit real AFM exam-style questions in a faithful ACCA CBE workspace and get instant, examiner-style marking against the official scheme — so you know exactly where your marks are.

39 AFM questions across 5 syllabus topics.

Real exam-style questions

Full AFM scenarios, exhibits and requirements built to mirror the real ACCA exam — not flashcards.

Instant examiner-style marking

Submit your answer and get a score, a pass/fail band and a per-requirement breakdown in seconds.

Know where your marks went

See exactly which marking points you hit, which you missed, and the model answer to close the gap.

A real AFM question

See what you’ll be marked on

AmberlePractice25 marks

Amberle Co is a listed company with divisions which manufacture cars, motorbikes and cycles. Over the last few years, Amberle Co has used a mixture of equity and debt finance for its investments. However, it is about to make a new investment of $150 million in facilities to produce electric cars, which it proposes to finance solely by debt finance. This information should be used to answer the question requirements.

Requirement (a)

15 marks

Calculate the adjusted present value (APV) for the project and conclude whether the project should be accepted or not.

Syllabus coverage

AFM topics you can practise

  • Advanced Investment Appraisal
  • Acquisitions and Mergers
  • Corporate Reconstruction and Reorganisation
  • Treasury and Advanced Risk Management
  • Role of the Senior Financial Adviser

Ready to pass AFM?

Practise real Advanced Financial Management questions and get marked like the examiner will mark you. Start free — no card needed.