[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-28204-en":3,"doc-seo-28204-105":28,"detail-sidebar-cat-0-en-105":70},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":4,"is_deleted":4,"is_public":20,"is_downloadable":20,"audit_status":20,"page_count":21,"language":22,"language_code":23,"site_id":24,"html_lang":23,"table_of_contents":15,"faqs":15,"seo_title":25,"seo_description":14,"update_tm":26,"read_time":27},28204,3848291630094,"Emma Wilson","https://eur-avatar.wpscdn.com/davatar_085a072bc5b1113ac321206ff7593b45",4,"Exam","AFM SD21 As","Advanced Financial Management (AFM) September/December 2021 sample answers covering strategic investment appraisal and financing decisions. The material explains post-completion audits as a monitoring mechanism to compare outcomes with budgets, improve future budgeting and cost control, and discusses limitations when projects are unique or resources are insufficient. It also evaluates fixed discount rates versus risk-adjusted hurdle rates, and describes how internal finance, debt, and equity sequencing reflects information asymmetry and signaling. A board report applies NPV and APV to a motor scooter project, emphasizing sensitivity and the effect of subsidised loans.","","cbCaibYh4P8pm0cn","https://ap.wps.com/l/cbCaibYh4P8pm0cn","pdf",239118,1,10,"English","en",105,"AFM SD21 As | PDF",1778278162,25,{"code":4,"msg":29,"data":30},"ok",{"site_id":24,"language":23,"slug":31,"title":13,"keywords":15,"description":14,"schema_data":32,"social_meta":65,"head_meta":67,"extra_data":69,"updated_unix":26},"afm-sd21-as",{"@graph":33,"@context":64},[34,50],{"@type":35,"itemListElement":36},"BreadcrumbList",[37,41,45,48],{"item":38,"name":39,"@type":40,"position":20},"https://docshare.wps.com","Home","ListItem",{"item":42,"name":43,"@type":40,"position":44},"https://docshare.wps.com/document/","Document",2,{"item":46,"name":12,"@type":40,"position":47},"https://docshare.wps.com/document/exam/",3,{"item":49,"name":13,"@type":40,"position":11},"https://docshare.wps.com/document/afm-sd21-as/28204",{"url":49,"name":13,"@type":51,"author":52,"headline":13,"publisher":54,"fileFormat":57,"description":14,"dateModified":58,"datePublished":58,"encodingFormat":57,"isAccessibleForFree":59,"interactionStatistic":60},"DigitalDocument",{"name":9,"@type":53},"Person",{"url":38,"name":55,"@type":56},"DocShare","Organization","application/pdf","2026-05-08",true,{"@type":61,"interactionType":62,"userInteractionCount":4},"InteractionCounter",{"@type":63},"ViewAction","https://schema.org",{"og:url":49,"og:type":66,"og:title":13,"og:site_name":55,"og:description":14},"article",{"robots":68,"canonical":49},"index,follow",{"doc_id":7,"site_id":24},{"code":4,"msg":5,"data":71},[72,76,80,83,88,93,98,103,108,111,114],{"id":20,"doc_module":4,"doc_module_name":43,"category_name":73,"show_sort_weight":74,"slug":75},"Story & Novel",90,"story-novel",{"id":44,"doc_module":4,"doc_module_name":43,"category_name":77,"show_sort_weight":78,"slug":79},"Literature",80,"literature",{"id":11,"doc_module":4,"doc_module_name":43,"category_name":12,"show_sort_weight":81,"slug":82},70,"exam",{"id":84,"doc_module":4,"doc_module_name":43,"category_name":85,"show_sort_weight":86,"slug":87},5,"Comic",60,"comic",{"id":89,"doc_module":4,"doc_module_name":43,"category_name":90,"show_sort_weight":91,"slug":92},6,"Technology",50,"technology",{"id":94,"doc_module":4,"doc_module_name":43,"category_name":95,"show_sort_weight":96,"slug":97},7,"Healthcare",40,"healthcare",{"id":99,"doc_module":4,"doc_module_name":43,"category_name":100,"show_sort_weight":101,"slug":102},8,"Research & Report",30,"research-report",{"id":104,"doc_module":4,"doc_module_name":43,"category_name":105,"show_sort_weight":106,"slug":107},9,"Religion & Spirituality",20,"religion-spirituality",{"id":106,"doc_module":4,"doc_module_name":43,"category_name":109,"show_sort_weight":106,"slug":110},"World Cup","world-cup",{"id":21,"doc_module":4,"doc_module_name":43,"category_name":112,"show_sort_weight":21,"slug":113},"Lifestyle","lifestyle",{"id":115,"doc_module":4,"doc_module_name":43,"category_name":116,"show_sort_weight":84,"slug":117},19,"General","general"]