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: Sep 25, 2026
-
Rated: 4.9 |
-
Online Users: 540
-
Question 1
-
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
-
-
Question 2
-
ST has sold its main office property, which had a carrying value of $360,000,to AB, a property management entity.The property was sold for $400,000 which isequal to itsfair value and was immediately leased back under an operating lease agreement.Which of the following journals will record this transaction?
Answer: A
-
-
Question 3
-
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
-
-
Question 4
-
Information from the financial statements of an entity for the year to 31 December 20X5:The gearing ratio calculated as debt/equity and interest cover are:
Answer: A
-
-
Question 5
-
Which of the following are limitations of financial statement figures for ratio analysis? Select the ALL that apply.
Answer: A,B,C,D
-
Which of the following are limitations of financial statement figures for ratio analysis? Select the ALL that apply.