If you want to buy our FR Collection training engine, you must ensure that you have credit card. We do not support deposit card and debit card to pay for the FR Collection exam questions. Also, the system will deduct the relevant money. For our professional experts simplified the content of theFR Collection exam questions for all our customers to be understood. We all know that FR Collection learning guide can help us solve learning problems. In order to remain competitive in the market, our company has been keeping researching and developing of the new FR Collection exam questions.
Certified Public Accountant FR Omgzlook is a professional website.
Certified Public Accountant FR Collection - Financial Reporting We will satisfy your aspiring goals. If you have any questions about the exam, Omgzlook the CPA Reliable FR Test Review will help you to solve them. Within a year, we provide free updates.
But we keep being the leading position in contrast. We are reactive to your concerns and also proactive to new trends happened in this FR Collection exam. Considering many exam candidates are in a state of anguished mood to prepare for the FR Collection exam, our company made three versions of FR Collection real exam materials to offer help.
Our CPA FR Collection latest study guide can help you.
Omgzlook is an excellent source of information on IT Certifications. In the Omgzlook, you can find study skills and learning materials for your exam. Omgzlook's CPA FR Collection training materials are studied by the experienced IT experts. It has a strong accuracy and logic. To encounter Omgzlook, you will encounter the best training materials. You can rest assured that using our CPA FR Collection exam training materials. With it, you have done fully prepared to meet this exam.
Most returned customers said that our FR Collection dumps pdf covers the big part of main content of the certification exam. Questions and answers from our FR Collection free download files are tested by our certified professionals and the accuracy of our questions are 100% guaranteed.
FR PDF DEMO:
QUESTION NO: 1
Ant plc purchased 80% of Pillar Ltd's ordinary shares on 1 July 2010 for $2,360,000 when the fair value of Corfu Ltd's net assets was $2,240,000.
As at 30 June 2012 Ant plc hadrecognizedimpairments in respect of goodwill arising on the acquisition of Pillar Ltd amounting to $100,000.
On 30 June 2013, Ant plc sold all its shares in Pillar Ltd for $3,600,000. The net assets of Pillar Ltd were $3,310,000 at the date of disposal.
What is the profit on disposal of the shares in Pillar Ltd which should be included in the consolidated income statement of Ant plc for the year ended 30 June 2013?
A. $384,000
B. $484,000
C. $952,000
D. $270,000
Answer: B
QUESTION NO: 2
Consider the following statements:
(i)Some operating segments meet all the aggregation criteria.
(ii)Identified reportable segments account for 75 percent of the entity's revenue.
How these should be reported under IFRS 8 Operating Segments?
A. (i) Reportable segments to be disclosed provided that they meet the quantitative thresholds.
(ii)
Aggregate remaining segments into 'all other segments' category.
B.(i) Aggregate remaining segments into 'all other segments' category.
(ii)
Reportable segments to be disclosed provided that they meet the quantitative thresholds.
C.(i) This is not a reportable segment to be disclosed.
(ii)
Aggregate remaining segments into 'all other segments' category.
D.(i) Aggregate remaining segments into 'all other segments' category.
(ii)
This is not a reportable segment to be disclosed.
Answer: A
QUESTION NO: 3
According to the IASB's Conceptual Framework for Financial Reporting, which one of the following statements represents the underlying assumption relating to financial statements?
A. The accounts have been prepared on an accrual basis
B. Users are assumed to have sufficient knowledge to be able to understand the financial statements
C. The accounting policies used have been disclosed
D. The business is expected to continue in operation for the foreseeable future
Answer: D
QUESTION NO: 4
On 30 September 2012 the directors of Diego pIc decided to sell the company's services division and the division was classified as held for sale.
The sale is expected to be completed, along with the sales of related assets, in early December 2012.
One item of plant within this division had originally cost $30,000 and had a carrying amount of
$15,000 on 1 November 2011.
Diego plc will carry on using this plant until it is sold. Diego pIc has a year end of 31 October and depreciates all plant on a monthly straight-line basis using a monthly rate of 1%.
In accordance with IFRS 5 Non-current Assets Held for Sale and Discontinued Operations, what amount will berecognizedin the statement of financial position of Diego pIc as at 31 October 2012 in respect of this plant?
A. $11,400 in non-current assets held for sale
B. $11,400 in current assets
C. $11,700 in non-current assets held for sale
D. $11,700 in non-current assets
Answer: C
QUESTION NO: 5
Which of the following items would appear in the reconciliation of profit before tax to cash generated from operations in a statement of cash flows prepared in accordance withIAS 7 Statement of Cash Flows?
(i)Increase in provision for warranty costs
(ii)Decrease in income tax payable
(iii) Depreciation charge
(iv)
Dividends paid
A.(i) and (ii)
B.(i) and (iii)
C.(ii) and (iii)
D.(ii) and (iv)
Answer: B
Huawei H28-121_V1.0 - Because of its high efficiency, you can achieve remarkable results. The efficiency and accuracy of our Nutanix NCP-DB-6.5 learning guide will not let you down. Omgzlook CPA IIA IIA-CIA-Part2-KR exam dumps are the best reference materials. Although you will take each SAP C_ARCON_2404 online test one at a time - each one builds upon the previous. As long as you choose our dumps as review tool before the exam, you will have a happy result in CIMA CIMAPRO19-CS3-1 exam, which is perfectly obvious.
Updated: May 26, 2022