Free CIMA CIMAPRA19-F02-1-ENG Exam Questions
Absolute Free CIMAPRA19-F02-1-ENG Exam Practice for Comprehensive Preparation
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CIMA CIMAPRA19-F02-1-ENG Exam Questions
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Provided By: CIMA
- Exam: F2 Advanced Financial Reporting (Online)
- Certification: CIMA Professional Qualification
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Total Questions: 270
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Updated On: Jan 15, 2026
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Rated: 4.9 |
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Online Users: 540
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Question 1
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AB's financial information shows that thenon current assets' carrying value is greater than the tax base at the year end.What is the journal entry to record the movement in the provision for deferred tax resulting from this difference?
Answer: C
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Question 2
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When consolidating for group accounts, a number of calculations and adjustments are required to properly combine the entities into a single group. Which of the following processes are involved in this consolidation method?Select ALL that apply:
Answer: A,B,C
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Question 3
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XY's investments enable it to exercisecontrol over AB and havesignificant influence over FG and JK.The Managing Director of XY is a non-executive director of LM. XYdoes not hold any investment inLM.XYispreparingitsconsolidated financial statements for the year ended 30 September 20X9.Which of the followingtransactions during the year will be disclosed in these financial statements in accordance with IAS 24 Related Party Disclosures?
Answer: B
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Question 4
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AB and FGincorporated on 1 January 20X1 in the same country and had similar investment in net assets. Both entities are financed entirely by equity. In the year to31 December 20X1 both entitiesgenerated the same volume of sales.Which of the following, takenindividually, would explainwhy AB's return on capital employed ratio was lower than that of FG?
Answer: A
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Question 5
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If you were asked to express the overall performance of an entityas a percentage of its total investment in net assets which of the following ratios would you calculate?
Answer: A
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If you were asked to express the overall performance of an entityas a percentage of its total investment in net assets which of the following ratios would you calculate?