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Free CIMA CIMAPRA19-F02-1-ENG Exam Questions

Absolute Free CIMAPRA19-F02-1-ENG Exam Practice for Comprehensive Preparation 

  • CIMA CIMAPRA19-F02-1-ENG Exam Questions
  • Provided By: CIMA
  • Exam: F2 Advanced Financial Reporting (Online)
  • Certification: CIMA Professional Qualification
  • Total Questions: 270
  • Updated On: Sep 03, 2026
  • Rated: 4.9 |
  • Online Users: 540
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  • Question 1
    • Which of the following best describes the goal of WACC as a measure?

      Answer: A
  • Question 2
    • When accounting for a finance lease under IAS 17 Leases, which TWO of the following are recognised in the statement of profitor loss?

      Answer: A,B
  • Question 3
    • Which THREE of the following statements are true in relation to financial assets designated as fair value through profit or loss under IAS 39 Financial Instruments: Recognition andMeasurement?

      Answer: A,B
  • Question 4
    • Information from the financial statements of RST for the year ended 30 April 20X9 is as follows:

      1

      At 30 April 20X9 the ordinary shares are trading at $4.75.
      What is the price earnings (P/E) ratio for RST at 30 April 20X9?

      Answer: A
  • Question 5
    • 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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