Free CIMA CIMAPRO19-F02-1-ENG Exam Questions

Absolute Free CIMAPRO19-F02-1-ENG Exam Practice for Comprehensive Preparation 

  • CIMA CIMAPRO19-F02-1-ENG Exam Questions
  • Provided By: CIMA
  • Exam: F2 Advanced Financial Reporting
  • Certification: CIMA Professional Qualification
  • Total Questions: 270
  • Updated On: Dec 06, 2025
  • Rated: 4.9 |
  • Online Users: 540
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  • Question 1
    • How would KL account for itsinvestment in MNin its consolidated financial statements for the year to 31 December 20X9?

      Answer: A
  • Question 2
    • Which TWO of the following are true in relation to IAS21 The Effects of Changes in Foreign Exchange Rates when consolidating an overseas subsidiary?

      Answer: A,B
  • Question 3
    • Which THREE of the followingwould typically indicate a finance lease?

      Answer: A,C
  • Question 4
    • KL sells luxury leather handbags and has 3 stores in exclusive shopping areas. Following years of static revenues and margins, in August 20X6KLopened a fourth store at a busy airport terminal which is proving to be successful.
      The revenue and gross profit of KL for the years ended 31 March 20X7 and 20X6 are as follows:

      1

      Which of the following would be a contributing factor to the movement in the gross profit margin of KL?

      Answer: A
  • Question 5
    • AB sold the majority of its operating equipment to LM for cash on 30 December 20X9 and then immediately leased it back under an operating lease.
      AB used the cash proceeds from the sale to reduce its long term borrowings significantly. No early repayment charge was levied by the lender.
      Which of the following statements is truein respect of AB's ratios calculated at 31 December 20X9?

      Answer: D
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