Special Summer Sale Limited Time 65% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: get65

CIMA Updated F1 Exam Questions and Answers by hailey

Page: 17 / 18

CIMA F1 Exam Overview :

Exam Name: Financial Reporting
Exam Code: F1 Dumps
Vendor: CIMA Certification: CIMA Operational
Questions: 248 Q&A's Shared By: hailey
Question 68

LM is preparing its cash forecast for the next three months.

Which of the following items should be left out of its calculations?

Options:

A.

Tax payment due, that relates to last year's profits.

B.

Receipt of a new bank loan raised for the purpose of purchasing new machinery.

C.

Expected loss on the disposal of a piece of land.

D.

Rental payment on a leased vehicle.

Discussion
Question 69

BCD's financial statements for the year ending 30 November 20X3 include the following:

Questions 69

Inventory at 30 November 20X2 was $220,000.

What is BCD's average inventory holding period for the year ended 30 November 20X3?

Options:

A.

37 days

B.

35 days

C.

45 days

D.

42 days

Discussion
Sam
Can I get help from these dumps and their support team for preparing my exam?
Audrey Aug 29, 2024
Definitely, you won't regret it. They've helped so many people pass their exams and I'm sure they'll help you too. Good luck with your studies!
Inaaya
Are these Dumps worth buying?
Fraser Oct 9, 2024
Yes, of course, they are necessary to pass the exam. They give you an insight into the types of questions that could come up and help you prepare effectively.
Ayesha
They are study materials that are designed to help students prepare for exams and certification tests. They are basically a collection of questions and answers that are likely to appear on the test.
Ayden Oct 16, 2024
That sounds interesting. Why are they useful? Planning this week, hopefully help me. Can you give me PDF if you have ?
Stefan
Thank you so much Cramkey I passed my exam today due to your highly up to date dumps.
Ocean Aug 31, 2024
Agree….Cramkey Dumps are constantly updated based on changes in the exams. They also have a team of experts who regularly review the materials to ensure their accuracy and relevance. This way, you can be sure you're studying the most up-to-date information available.
Pippa
I was so happy to see that almost all the questions on the exam were exactly what I found in their Dumps.
Anastasia Sep 21, 2024
You are right…It was amazing! The Cramkey Dumps were so comprehensive and well-organized, it made studying for the exam a breeze.
Question 70

For an entity to be exempt from preparing consolidated financial statements it must meet certain criteria specified in IFRS 10 Consolidated Financial Statements.

Which of the following conditions would give exemption from preparing consolidated financial statements?

Options:

A.

The parent's securities are publicly traded.

B.

The parent is in the process of issuing securities in a public securities market.

C.

The parent is a wholly owned subsidiary of another entity.

D.

All of the parent's subsidiaries are in one country.

Discussion
Question 71

Which THREE of the following are conditions that must be met to allow an asset to be categorised as held for sale?

Options:

A.

Management is committed to a plan to sell

B.

The asset is being actively marketed at a reasonable price

C.

The asset is available for immediate sale

D.

A buyer has already expressed interest

E.

The sale of the asset is likely to generate a significant profit

Discussion
Page: 17 / 18

F1
PDF

$69.65  $199

F1 Testing Engine

$78.75  $225

F1 PDF + Testing Engine

$87.15  $249