CIMA F1 Financial Reporting F1 Financial Reporting Dumps in PDF

Free CIMA F1 Financial Reporting Real Questions (page: 5)

CORRECT TEXT
XY acquired 75% of the equity shares of CD on 1 January 20X2 for $230,000.
On 1 January 20X2 CD had the following balances:



XY uses the proportionate share of net assets method to value non controlling interest at acquisition. Calculate the goodwill arising on the acquisition of CD.
Give your answer to nearest whole number.

  1. $5000

Answer(s): A



In Country X corporate income tax is levied on profits as follows:



Which of the following describes the tax rate structure in Country X?

  1. Proportional
  2. Regressive
  3. Progressive
  4. Competent

Answer(s): C



The accounting profit before tax of an entity was $243,200 for the year ended 31 July 20X4.

The accounting profit included disallowable income from government grants of $48,000 and disallowable expenditure of $25,600 on entertaining expenses. The entity also paid a $40,000 dividend to shareholders. The tax rates for the country were as follows:



Calculate the tax the entity is due to pay for the year ending 31 July 20X4.

  1. $47,840
  2. $39,174
  3. $57,546
  4. $44,160

Answer(s): A



Which of the following is an example of a progressive tax?

  1. Personal income tax of 10% on earnings up to $10,000, then at 15% over $10,001
  2. Corporate income tax of 20% on earnings up to $100,000, then at 10% over $100,000
  3. Corporate income tax of 20% on all earnings
  4. Personal income tax of 10% and corporate income tax of 20%

Answer(s): A



From the list below identify the item that appears in the statement of financial position.

  1. The amount of interest charged on loans during the year.
  2. The amount of loans outstanding at the year end.
  3. The amount of loans repaid during the year.
  4. The amount of interest actually paid during the year.

Answer(s): B



Share your comments for CIMA F1 Financial Reporting exam with other users:

Z
Zoubeyr
9/8/2023 5:56:00 AM

question 11 : d

U
User
8/29/2023 3:24:00 AM

only the free dumps will be enough for pass, or have to purchase the premium one. please suggest.

C
CW
7/6/2023 7:37:00 PM

good questions. thanks.

F
Farooqi
11/21/2023 1:37:00 AM

good for practice.

I
Isaac
10/28/2023 2:30:00 PM

great case study

M
Malviya
2/3/2023 9:10:00 AM

the questions in this exam dumps is valid. i passed my test last monday. i only whish they had their pricing in inr instead of usd. but it is still worth it.

R
rsmyth
5/18/2023 12:44:00 PM

q40 the answer is not d, why are you giving incorrect answers? snapshot consolidation is used to merge the snapshot delta disk files to the vm base disk

K
Keny
6/23/2023 9:00:00 PM

thanks, very relevant

M
Muhammad Rawish Siddiqui
11/29/2023 12:14:00 PM

wrong answer. it is true not false.

J
Josh
7/10/2023 1:54:00 PM

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VINNY
6/2/2023 11:59:00 AM

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A
Andy
12/6/2023 5:56:00 AM

very valid questions

M
Mamo
8/12/2023 7:46:00 AM

will these question help me to clear pl-300 exam?

M
Marial Manyang
7/26/2023 10:13:00 AM

please provide me with these dumps questions. thanks

A
Amel Mhamdi
12/16/2022 10:10:00 AM

in the pdf downloaded is write google cloud database engineer i think that it isnt the correct exam

A
Angel
8/30/2023 10:58:00 PM

i think you have the answers wrong regarding question: "what are three core principles of web content accessibility guidelines (wcag)? answer: robust, operable, understandable

S
SH
5/16/2023 1:43:00 PM

these questions are not valid , they dont come for the exam now

S
sudhagar
9/6/2023 3:02:00 PM

question looks valid

V
Van
11/24/2023 4:02:00 AM

good for practice

D
Divya
8/2/2023 6:54:00 AM

need more q&a to go ahead

R
Rakesh
10/6/2023 3:06:00 AM

question 59 - a newly-created role is not assigned to any user, nor granted to any other role. answer is b https://docs.snowflake.com/en/user-guide/security-access-control-overview

N
Nik
11/10/2023 4:57:00 AM

just passed my exam today. i saw all of these questions in my text today. so i can confirm this is a valid dump.

D
Deep
6/12/2023 7:22:00 AM

needed dumps

T
tumz
1/16/2024 10:30:00 AM

very helpful

N
NRI
8/27/2023 10:05:00 AM

will post once the exam is finished

K
kent
11/3/2023 10:45:00 AM

relevant questions

Q
Qasim
6/11/2022 9:43:00 AM

just clear exam on 10/06/2202 dumps is valid all questions are came same in dumps only 2 new questions total 46 questions 1 case study with 5 question no lab/simulation in my exam please check the answers best of luck

C
Cath
10/10/2023 10:09:00 AM

q.112 - correct answer is c - the event registry is a module that provides event definitions. answer a - not correct as it is the definition of event log

S
Shiji
10/15/2023 1:31:00 PM

good and useful.

A
Ade
6/25/2023 1:14:00 PM

good questions

P
Praveen P
11/8/2023 5:18:00 AM

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Anastasiia
12/28/2023 9:06:00 AM

totally not correct answers. 21. you have one gcp account running in your default region and zone and another account running in a non-default region and zone. you want to start a new compute engine instance in these two google cloud platform accounts using the command line interface. what should you do? correct: create two configurations using gcloud config configurations create [name]. run gcloud config configurations activate [name] to switch between accounts when running the commands to start the compute engine instances.

P
Priyanka
7/24/2023 2:26:00 AM

kindly upload the dumps

N
Nabeel
7/25/2023 4:11:00 PM

still learning

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