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CA Final Paper 2

Advanced Financial Management - September 2025

Question Paper with Suggested Answers

Verified April 2026 Official ICAI Paper
Exam Paper
Total Marks:70
Questions:6
Exam:2025-September
Take a full CA Final AFM mock test
100 marks, 3 hours — 15 MCQs scored instantly + 6 descriptive questions with ICAI's answers.
Paper instructions (cover page)
Advanced Financial Management September 2025 - question paper cover and instructions

Part I – Case Scenario based MCQs (30 marks)

15 MCQs · 2 marks each. ICAI's answer key is printed on the last page, so try the questions before you scroll to it.

Show Part I pages (6)
Advanced Financial Management September 2025 - Part I case scenario MCQs, page 1Advanced Financial Management September 2025 - Part I case scenario MCQs, page 2Advanced Financial Management September 2025 - Part I case scenario MCQs, page 3Advanced Financial Management September 2025 - Part I case scenario MCQs, page 4Advanced Financial Management September 2025 - Part I case scenario MCQs, page 5Advanced Financial Management September 2025 - Part I case scenario MCQs, page 6
Show answer key
  1. Q1 (C)
  2. Q2 (C)
  3. Q3 (C)
  4. Q4 (D)
  5. Q5 (C)
  6. Q6 (B)
  7. Q7 (A)
  8. Q8 (C)
  9. Q9 (B)
  10. Q10 (B)
  11. Q11 (C)
  12. Q12 (D)
  13. Q13 (A)
  14. Q14 (C)
  15. Q15 (B)

Key as printed in ICAI's Suggested Answers (Part I answer table, answer booklet page 6).

View:

Question 1 (14 marks)

Question

Advanced Financial Management September 2025 - Question 1, question page 1Advanced Financial Management September 2025 - Question 1, question page 2

Question 2 (14 marks)

Question

Advanced Financial Management September 2025 - Question 2, question page 1Advanced Financial Management September 2025 - Question 2, question page 2

Question 3 (14 marks)

Question

Advanced Financial Management September 2025 - Question 3, question page 1Advanced Financial Management September 2025 - Question 3, question page 2

Question 4 (14 marks)

Question

Advanced Financial Management September 2025 - Question 4, question page 1Advanced Financial Management September 2025 - Question 4, question page 2

Question 5 (14 marks)

Question

Advanced Financial Management September 2025 - Question 5, question page 1Advanced Financial Management September 2025 - Question 5, question page 2

Question 6 (14 marks)

Question

Advanced Financial Management September 2025 - Question 6, question page 1Advanced Financial Management September 2025 - Question 6, question page 2Advanced Financial Management September 2025 - Question 6, question page 3

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