High quality and high efficiency test materials

To deliver on the commitments that we have made for the majority of candidates, we prioritize the research and development of our F2 exam resources, establishing action plans with clear goals of helping them get CIMA certificate. It's likely that you are worried about the test especially caring about the quality of the test preparing material. As a matter of fact, with over ten years' dedication to research and development, our F2 actual questions are grounded on the realities of those candidates, concentrating on communication with our customers. We are striving for providing a high quality and high efficiency as well as satisfactory test material to help you pass the CIMA F2 exam successfully. That is the also the reason why we play an active role in making our F2 exam guide materials into which we operate better exam materials to help you live and work. If you choose our F2 exam resources, we assure you that you can keep a balance between learning with our materials and going on your own work.

According to the world wide recognition about CIMA F2 exam, a person will get an admirable and well-paid job in the world if he has a certification which is a powerful proof for checking the working ability of enormous workers, there are a great deal of people put a priority to acquire certificates to enhance their abilities. Here our F2 exam resources can help you achieve this. Our F2 actual questions keep pace with contemporary talent development and makes every learner fit in the needs of the society. There is no doubt that our F2 exam guide can be your first choice for your relevant knowledge accumulation and ability enhancement.

High pass rate we guarantee

As a powerful tool for a lot of workers to walk forward a higher self-improvement, our F2 exam guide materials continue to pursue our passion for better performance and human-centric technology. The initial purpose of our F2 exam resources is to create a powerful tool for those aiming at getting CIMA certification. We guarantee you to pass the exam for we have confidence to make it with our technology strength. All customers have our promise that No help, Full refund! Therefore, there is no doubt that our F2 actual questions can be your right choice of passing the test in one time.

Fast delivery in 10 minutes after payment

What we attach importance to in the transaction of F2 exam guide materials is for your consideration about high quality and efficient product and time-saving service. We treasure time as all customers do. Therefore, fast delivery is another highlight of our F2 exam resources. We are making efforts to save your time and help you obtain our product as quickly as possible. We will send our F2 actual questions within 10 minutes after your payment. You can check your mailbox ten minutes after payment to see if our F2 exam guide materials are in.

After purchase, Instant Download F2 valid dumps (Advanced Financial Reporting): Upon successful payment, Our systems will automatically send the product you have purchased to your mailbox by email. (If not received within 12 hours, please contact us. Note: don't forget to check your spam.)

CIMA F2 Exam Syllabus Topics:

CIMA Advanced Financial Reporting Sample Questions:

Question 1

ST acquired 75% of the 2 million $1 equity shares of CD on 1 January 20X3, when the retained earnings of CD were S3,550,000. CD has no other reserves.
ST paid $5,600,000 for the shares in CD and the non controlling interest was measured at its fair value of S1,400,000 at acquisition.
At 1 January 20X3, the fair value of CD's net assets were equal to their carrying amount, with the exception of a building. This building had a fair value of $1,000,000 in excess of its carrying amount and a remaining useful life of 25 years on 1 January 20X3.
At 31 December 20X5, the retained earnings of ST and CD were $8,500,000 and $5,250,000 respectively.
What is the value of goodwill to be included in the consolidated statement of financial position of ST as at 31 December 20X5?

A. $570,000
B. $450,000
C. $950,000
D. $1,450,000

Question 2

Which TWO of the following would be the primary disadvantages of producing the disclosures required in IFRS12 Disclosure of Interests in Other Entities?

A. The auditors will have to audit these disclosures.
B. The disclosures will give competitors commercially sensitive information.
C. The disclosures will highlight the risks associated with interests in other entities.
D. The users of the financial statements may feel overburdened with information.
E. The disclosures take time and therefore incur costs which erodes shareholder value.

Question 3

WX acquired 60% of the equity shares of CD on 1 January 20X3. WX sold 5% of the equity shares it held for $60,000 on 31 December 20X5. At that date the net assets of CD were $120,000 and the fair value of the non-controlling interest in CD was measured at $21,000. No goodwill arose on the original acquisition of CD.
When preparing its consoldiated financial statements, WX will process which of the following adjustments to its group retained earnings?

A. A credit of $54,000
B. A debit of $39,000
C. A credit of $39,000
D. A debit of $54,000

Question 4

XY's investments enable it to exercise control over AB and have significant influence over FG and JK.
The Managing Director of XY is a non-executive director of LM. XY does not hold any investment in LM.
XY is preparing its consolidated financial statements for the year ended 30 September 20X9.
Which of the following transactions during the year will be disclosed in these financial statements in accordance with IAS 24 Related Party Disclosures?

A. Sale of a motor vehicle from XY to a Director of AB's spouse at its current market value.
B. Sale of non current assets from XY to LM at their current market value.
C. Sale of goods from FG to JK at their current market value.
D. Sale of goods with a trade discount to a major customer of XY.

Question 5

XYZ had 600,000 ordinary shares in issue on 1 July 20X4. On 1 January 20X5, the entity made a 1 for 2 bonus issue. The profit attributable to ordinary shareholders for the year ended 30 June 20X5 was
$2,925,000.
What is the basic earnings per share for the year ended 30 June 20X5?

A. $4.88
B. $3.25
C. $1.63
D. $3.90

Solutions: