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Ch 1 · Financial Policy & Corporate Strategy — CA Final AFM

4 levels · 70 questions · free

Getting the game ready…

How to play

Mixed questions from this chapter — fill the missing term, sort into the right box, match the pairs, order the steps, or catch the formula that is wrong.

What this drills

This chapter is 4-mark theory, asked almost every attempt, and it is all lists and distinctions — which is the kind of thing you either have cold or lose entirely.

✓Role of the CFO and functions of SFM
✓Levels of strategy and financial planning
✓Sustainable growth rate and its assumptions
✓Sustainable vs financially sustainable

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Ch 1 · Financial Policy & Corporate Strategy — questions

Is Chapter 1 worth preparing?+

Yes. It carries no practical weight beyond sustainable growth, but the theory is asked repeatedly — the interface of financial policy and strategic management alone has appeared in May 10, Nov 12, May 16, May 18 and May 24.

What is the difference between IGR and SGR?+

Internal Growth Rate is the maximum growth using retained earnings only, with no external funds at all. Sustainable Growth Rate is the maximum growth without changing the existing financial leverage — so it allows debt to grow in step with equity.