Important CIMAPRA19-F01-1 Exam Questions
CIMA F1 Financial Reporting CIMAPRA19-F01-1 Exam
Attempt the CIMA Professional Qualification practice test and solve real exam-like CIMAPRA19-F01-1 questions to prepare efficiently and increase your chances of success. Our CIMAPRA19-F01-1 practice questions match the actual F1 Financial Reporting exam format, helping you enhance confidence and improve performance. With our CIMAPRA19-F01-1 practice exam software, you can analyze your performance, identify weak areas, and work on them effectively to boost your final CIMA Professional Qualification exam score.
| Vendor: | CIMA |
|---|---|
| Exam Name: | F1 Financial Reporting |
| Registration Code: | CIMAPRA19-F01-1 |
| Related Certification: | CIMA Professional Qualification Certification |
| Exam Audience: |
Question: 1
The IV Group is formed of I Ltd and its subsidiary company V Ltd. I Ltd purchased 67% of V Ltd's ordinary share capital on 31 March 20X3.
The purchase cost I Ltd 129,000. At the date of purchase V Ltd's net assets were 155,000 while its share capital was 37,000. NCI fair value on the date of acquisition was 31,000.
What was the amount of goodwill I Ltd paid as part of the acquisition. Calculate this figure using both the proportion of net assets method and the full good will method for valuing the non-controlling interest.
Question: 2
Which of the following is NOT a feature of a multi-stage sales tax?
Question: 3
Which THREE of the following must an auditor consider in order to form an opinion on the truth and fairness of an entity's financial statements?
Question: 4
Which of the following does the phrase 'events after the reporting period' refer to?
Question: 5
Which of the following is a type of short-term finance?
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