[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-0-en-105":3,"doc-seo-638650-105":59,"doc-detail-638650-en":130},{"code":4,"msg":5,"data":6},0,"success",[7,13,18,23,28,33,38,43,48,51,55],{"id":8,"doc_module":4,"doc_module_name":9,"category_name":10,"show_sort_weight":11,"slug":12},1,"Document","Story & Novel",90,"story-novel",{"id":14,"doc_module":4,"doc_module_name":9,"category_name":15,"show_sort_weight":16,"slug":17},2,"Literature",80,"literature",{"id":19,"doc_module":4,"doc_module_name":9,"category_name":20,"show_sort_weight":21,"slug":22},4,"Exam",70,"exam",{"id":24,"doc_module":4,"doc_module_name":9,"category_name":25,"show_sort_weight":26,"slug":27},5,"Comic",60,"comic",{"id":29,"doc_module":4,"doc_module_name":9,"category_name":30,"show_sort_weight":31,"slug":32},6,"Technology",50,"technology",{"id":34,"doc_module":4,"doc_module_name":9,"category_name":35,"show_sort_weight":36,"slug":37},7,"Healthcare",40,"healthcare",{"id":39,"doc_module":4,"doc_module_name":9,"category_name":40,"show_sort_weight":41,"slug":42},8,"Research & Report",30,"research-report",{"id":44,"doc_module":4,"doc_module_name":9,"category_name":45,"show_sort_weight":46,"slug":47},9,"Religion & Spirituality",20,"religion-spirituality",{"id":46,"doc_module":4,"doc_module_name":9,"category_name":49,"show_sort_weight":46,"slug":50},"World Cup","world-cup",{"id":52,"doc_module":4,"doc_module_name":9,"category_name":53,"show_sort_weight":52,"slug":54},10,"Lifestyle","lifestyle",{"id":56,"doc_module":4,"doc_module_name":9,"category_name":57,"show_sort_weight":24,"slug":58},19,"General","general",{"code":4,"msg":60,"data":61},"ok",{"site_id":62,"language":63,"slug":64,"title":65,"keywords":66,"description":67,"schema_data":68,"social_meta":123,"head_meta":125,"extra_data":127,"updated_unix":129},105,"en","financial-management-fm-marchjune-2026-examiners-report","Financial Management (FM) March/June 2026 Examiner’s report","","Examiner’s report for the Financial Management (FM) exam covering the March/June 2026 sitting. The examining team summarise observations from the marking process and explain common strengths and weaknesses shown by candidates. Guidance is provided for future candidates, including how to approach different question types in the computer-based exam, with debriefs of selected questions across Sections A, B and C. Includes worked examples, correct answers, key tests, and typical errors.",{"@graph":69,"@context":122},[70,84,105],{"@type":71,"itemListElement":72},"BreadcrumbList",[73,77,79,82],{"item":74,"name":75,"@type":76,"position":8},"https://docshare.wps.com","Home","ListItem",{"item":78,"name":9,"@type":76,"position":14},"https://docshare.wps.com/document/",{"item":80,"name":20,"@type":76,"position":81},"https://docshare.wps.com/document/exam/",3,{"item":83,"name":65,"@type":76,"position":19},"https://docshare.wps.com/document/financial-management-fm-marchjune-2026-examiners-report/638650/",{"url":83,"name":65,"@type":85,"image":86,"author":91,"headline":65,"publisher":94,"fileFormat":97,"inLanguage":63,"description":67,"dateModified":98,"datePublished":99,"encodingFormat":97,"isAccessibleForFree":100,"interactionStatistic":101},"DigitalDocument",{"url":87,"@type":88,"width":89,"height":90},"https://docshare.wps.com/thumbnails/financial-management-fm-marchjune-2026-examiners-report/638650.png","ImageObject",300,407,{"name":92,"@type":93},"ahduag","Person",{"url":74,"name":95,"@type":96},"DocShare","Organization","application/pdf","2026-11-02","2026-10-22",true,{"@type":102,"interactionType":103,"userInteractionCount":52},"InteractionCounter",{"@type":104},"ViewAction",{"@type":106,"mainEntity":107},"FAQPage",[108,114,118],{"name":109,"@type":110,"acceptedAnswer":111},"How should future candidates use this examiner’s report for preparation?","Question",{"text":112,"@type":113},"Use it alongside the published March/June 2026 sample exam on the ACCA Practice Platform, attempt question practice, and review the published answers together with the guidance in this report.","Answer",{"name":115,"@type":110,"acceptedAnswer":116},"Why don’t all candidates receive the same questions in this exam?",{"text":117,"@type":113},"The FM exam is delivered as a computer-based exam (CBE), so candidates are not given the same set of questions. The report therefore debriefs selected questions from each section.",{"name":119,"@type":110,"acceptedAnswer":120},"What kind of questions are covered in Section A, B, and C?",{"text":121,"@type":113},"Section A focuses on four objective test questions, Section B discusses a case from syllabus area B in detail with objective test case questions, and Section C provides commentary on constructed response questions with exam technique improvements.","https://schema.org",{"og:url":83,"og:type":124,"og:title":65,"og:site_name":95,"og:description":67},"article",{"robots":126,"canonical":83},"index,follow",{"doc_id":128,"site_id":62},638650,1792748507,{"code":4,"msg":5,"data":131},{"doc_id":128,"user_id":132,"nickname":92,"user_avatar":133,"doc_module":4,"category_id":19,"category_name":20,"doc_title":65,"doc_description":67,"doc_content":134,"file_id":135,"file_url":136,"file_type":137,"file_size":138,"view_count":52,"is_deleted":4,"is_public":8,"is_downloadable":8,"audit_status":8,"page_count":139,"language":140,"language_code":63,"site_id":62,"html_lang":63,"table_of_contents":141,"faqs":142,"seo_title":143,"seo_description":67,"update_tm":144,"read_time":145},3985747870414,"https://ap-avatar.wpscdn.com/davatar_9964176cb1d06d4a9deccf72a44ae3dc","Financial  \nManagement (FM)  \nMarch/June 2026 Examiner’s report  \nThe examining team share their observations from the marking process to highlight strengths and weaknesses in candidates’ performance, and to offer constructive advice for those sitting the exam in the future.  \nContents  \nGeneral comments........................................................2  \nSection A .......................................................................3  \nExample one ..............................................................3  \nExample two...............................................................3  \nExample three ............................................................4  \nExample four ..............................................................5  \nSection B .......................................................................6  \nQuestion one..............................................................7  \nQuestion two..............................................................7  \nQuestion three ...........................................................8  \nQuestion four .............................................................9  \nQuestion five..............................................................9  \nSection C..................................................................... 11  \nAgeAid Co................................................................. 11  \nRequirement (a)– 10 marks .................................. 11  \nRequirement (b)– 4 marks .................................... 18  \nRequirement (c) -6 marks..................................... 19  \nTime Co....................................................................21  \nRequirement (a)(i)– 5 marks .................................21  \nRequirement (b)(i)– 2 marks .................................24  \nRequirement (b)(ii)– 2 marks ................................24  \nRequirement (c)– 4 marks ....................................25  \nGeneral comments  \nThis examiner’s report should be used in conjunction with the published March/June 2026sample exam which can be found on the ACCA Practice Platform .  \nIn this report, the examining team provide constructive guidance on how to answer the questions whilst sharing their observations from the marking process, highlighting the strengths and weaknesses of candidates who attempted these questions. Future candidates can use this examiner’s report as part of their exam preparation, attempting question practice on the ACCA Practice Platform , reviewing the published answers alongside this report .  \nThe Financial Management ( FM) exam is offered as a computer-based exam (CBE). The model of delivery for the CBE exam means that candidates do not all receive the same set of questions. In this report, the examining team offer detailed debriefs of selected questions from each section of the exam.  \n• Section A objective test questions – we focus on four specific questions that caused difficulty in the March/June 2026 sittings of the exam.  \n• Section B objective test case questions – here we look at one case from syllabus area B in detail.  \n• Section C constructed response questions – here we provide commentary on two questions, providing guidance on answering these questions and where exam technique could be improved.  \nSection A  \nIn this section we will look at FOUR Section A questions which proved to be particularly difficult for candidates.  \nExample one  \nBlue Co has five million 6% preference shares in issue with a nominal value of $0.50 per share which are currently quoted at $0.59 cum div. Blue Co pays corporation tax at 25%.  \nWhat is the cost of capital of the preference shares?  \nA. 4. 1%  \nB. 5.4%  \nC. 5. 1%  \nD. 3.8%  \nWhat does this test?  \n✓ Tests students’ knowledge of how to calculate the cost of preference share capital  \nWhat is the correct answer?  \n✓ The correct answer is B  \nkp = d/P0  \nd = Dividend= $0.50 x 6%= $0.03  \nP0 = Market value of share ex-dividend= $0.59- $0 .03= $0.56 kp = $0 ","cbCaipjBphnTVR76","https://ap.wps.com/l/cbCaipjBphnTVR76","pdf",437863,25,"English","# General comments\n# Section A\n## Example one\n## Example two\n## Example three\n## Example four\n# Section B\n## Question one\n## Question two\n## Question three\n## Question four\n## Question five\n# Section C\n## AgeAid Co\n## Time Co","[{\"question\":\"How should future candidates use this examiner’s report for preparation?\",\"answer\":\"Use it alongside the published March/June 2026 sample exam on the ACCA Practice Platform, attempt question practice, and review the published answers together with the guidance in this report.\"},{\"question\":\"Why don’t all candidates receive the same questions in this exam?\",\"answer\":\"The FM exam is delivered as a computer-based exam (CBE), so candidates are not given the same set of questions. The report therefore debriefs selected questions from each section.\"},{\"question\":\"What kind of questions are covered in Section A, B, and C?\",\"answer\":\"Section A focuses on four objective test questions, Section B discusses a case from syllabus area B in detail with objective test case questions, and Section C provides commentary on constructed response questions with exam technique improvements.\"}]","Financial Management (FM) March/June 2026 Examiner’s report | PDF",1792691607,63]