Free CIMA CIMAPRO19-F02-1-ENG Exam Questions
Absolute Free CIMAPRO19-F02-1-ENG Exam Practice for Comprehensive Preparation
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CIMA CIMAPRO19-F02-1-ENG Exam Questions
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Provided By: CIMA
- Exam: F2 Advanced Financial Reporting
- Certification: CIMA Professional Qualification
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Total Questions: 270
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Updated On: Mar 06, 2025
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Rated: 4.9 |
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Online Users: 540
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Question 1
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How would KL account for itsinvestment in MNin its consolidated financial statements for the year to 31 December 20X9?
Answer: A
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How would KL account for itsinvestment in MNin its consolidated financial statements for the year to 31 December 20X9?
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Question 2
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MS Group's total profit for period on their consolidated income statement is 31,000. This includes adjusting for their share of joint venture JV2. Calculate the share of joint venture MS Group received based on the following information.MS operating profit 41,000Dividend from JV2 5,000Finance cost 3,000Tax 11,000
Answer: A
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Question 3
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Which of the following are limitations of financial statement figures for ratio analysis? Select the ALL that apply.
Answer: A,B,C,D
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Which of the following are limitations of financial statement figures for ratio analysis? Select the ALL that apply.
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Question 4
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GH owned 70% of the equity share capital of XY at 1 January 20X6. GH acquired a further 20% of XY's equity share capital on 31 December 20X6 for $430,000. Non controlling interest was measured at $600,000 immediately prior to the 20?quisition.Which of the following amounts will GH debit to non controlling interest when the 20?quisition is adjusted for in its consolidated financial statements at 31 December 20X6?
Answer: A
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Question 5
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W and Y are very similar entities with the same level of profit before interest and tax. However, W has gearing of 95% and Y has gearing of 30%.Which of the following statements is true?
Answer: A
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