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ACCA FM (F9) Financial Management: free practice questions, mock exams and marked written answers

ACCA FM is a Applied Skills exam, sat in the March, June, September and December sessions. Section A: 15 objective questions worth 2 marks. Section B: 3 case scenarios with 5 objective questions each. Section C: 2 constructed-response questions worth 20 marks each. 100 marks, pass mark 50.

What Markline has for FM

974 original objective questions across every learning outcome in the study guide, in the exam's own formats: single answer, choose two, number entry, and case scenarios with several questions on the same facts. 36 written questions with marking schemes and model answers; write your answer in the app and it is marked line by line, with your own sentence quoted beside each scheme point. Every answer comes with an explanation, and the home page shows your accuracy by syllabus area so you drill the weakest one first.

Mock exams

Timed FM mocks in the real format (3 hours), marked out of 100 with the written section marked against the scheme.

Exam dates

FM is sat on the Friday of each exam week. Next sessions: December 2026 (7 to 11 December, entry closed), March 2027 (1 to 5 March, standard entry by 1 February 2027). All dates and deadlines.

Past papers for FM

ACCA publishes past exams and examiner reports for FM on accaglobal.com. Where ACCA publishes them, and what to do when they run out.

Practice pages

Free public pages, one per learning outcome, with the rule, a worked example and questions you can answer on the page: ACCA FM practice pages.

Start FM now

974 questions, timed mocks, 36 marked written questions. Free for life, email only, no card.

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Questions students ask

What is the format of the ACCA FM exam?

Section A: 15 objective questions worth 2 marks. Section B: 3 case scenarios with 5 objective questions each. Section C: 2 constructed-response questions worth 20 marks each. 100 marks, pass mark 50.

Is FM (F9) on demand or a session exam?

A session exam, sat in the March, June, September and December exam weeks, on the Friday of the week.

How many practice questions should I do for FM?

About 400 objective questions covering every syllabus area, plus 15 to 20 marked written answers, then redo the ones you got wrong and sit two timed mocks.

Facts on this page were checked on 3 November 2026 against ACCA's published timetable and third-party summaries. Dates marked "not yet published" are not guesses from us; check accaglobal.com before you book.