Amazon
Avaya
Cisco
CompTIA
CrowdStrike
EC-Council
EXIN
Fortinet
Google
ISC
ISC2
ITIL
Juniper
Microsoft
NVIDIA
Okta
Palo Alto Networks
Salesforce
All Vendors
  1. Home
  2. CIMA
  3. F1 Financial Reporting

CIMA F1 Financial Reporting Exam (page: 5)
CIMA F1 Financial Reporting
Updated on: 09-Feb-2026

Viewing Page 5 of 40
F1 Financial Reporting PDF 194 Questions

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



Viewing Page 5 of 40



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

Did 1/12/2024 3:01:00 AM

q6 = 1. download odt application 2. create a configuration file (xml) 3. setup.exe /download to download the installation files 4. setup.exe /configure to deploy the application
FRANCE


John 10/12/2023 12:30:00 PM

great material
Anonymous


Dinesh 8/1/2023 2:26:00 PM

could you please upload sap c_arsor_2302 questions? it will be very much helpful.
Anonymous


LBert 6/19/2023 10:23:00 AM

vraag 20c: rsa veilig voor symmtrische cryptografie? antwoord c is toch fout. rsa is voor asymmetrische cryptogafie??
NETHERLANDS


g 12/22/2023 1:51:00 PM

so far good
UNITED STATES


Milos 8/4/2023 9:33:00 AM

question 31 has obviously wrong answers. tls and ssl are used to encrypt data at transit, not at rest.
Serbia And Montenegro


Diksha 9/25/2023 2:32:00 AM

pls provide dump for 1z0-1080-23 planning exams
Anonymous


H 7/17/2023 4:28:00 AM

could you please upload the exam?
Anonymous


Anonymous 9/14/2023 4:47:00 AM

please upload this
UNITED STATES


Naveena 1/13/2024 9:55:00 AM

good material
Anonymous


WildWilly 1/19/2024 10:43:00 AM

lets see if this is good stuff...
Anonymous


Lavanya 11/2/2023 1:53:00 AM

useful information
UNITED STATES


Moussa 12/12/2023 5:52:00 AM

intéressant
BURKINA FASO


Madan 6/22/2023 9:22:00 AM

thank you for making the interactive questions
Anonymous


Vavz 11/2/2023 6:51:00 AM

questions are accurate
Anonymous


Su 11/23/2023 4:34:00 AM

i need questions/dumps for this exam.
Anonymous


LuvSN 7/16/2023 11:19:00 AM

i need this exam, when will it be uploaded
ROMANIA


Mihai 7/19/2023 12:03:00 PM

i need the dumps !
Anonymous


Wafa 11/13/2023 3:06:00 AM

very helpful
Anonymous


Alokit 7/3/2023 2:13:00 PM

good source
Anonymous


Show-Stopper 7/27/2022 11:19:00 PM

my 3rd test and passed on first try. hats off to this brain dumps site.
UNITED STATES


Michelle 6/23/2023 4:06:00 AM

please upload it
Anonymous


Lele 11/20/2023 11:55:00 AM

does anybody know if are these real exam questions?
EUROPEAN UNION


Girish Jain 10/9/2023 12:01:00 PM

are these questions similar to actual questions in the exam? because they seem to be too easy
Anonymous


Phil 12/8/2022 11:16:00 PM

i have a lot of experience but what comes in the exam is totally different from the practical day to day tasks. so i thought i would rather rely on these brain dumps rather failing the exam.
GERMANY


BV 6/8/2023 4:35:00 AM

good questions
NETHERLANDS


krishna 12/19/2023 2:05:00 AM

valied exam dumps. they were very helpful and i got a pretty good score. i am very grateful for this service and exam questions
Anonymous


Pie 9/3/2023 4:56:00 AM

will it help?
INDIA


Lucio 10/6/2023 1:45:00 PM

very useful to verify knowledge before exam
POLAND


Ajay 5/17/2023 4:54:00 AM

good stuffs
Anonymous


TestPD1 8/10/2023 12:19:00 PM

question 17 : responses arent b and c ?
EUROPEAN UNION


Nhlanhla 12/13/2023 5:26:00 AM

just passed the exam on my first try using these dumps.
Anonymous


Rizwan 1/6/2024 2:18:00 AM

very helpful
INDIA


Yady 5/24/2023 10:40:00 PM

these questions look good.
SINGAPORE