The questions and answers of our FR Discount study tool have simplified the important information and seized the focus and are updated frequently by experts to follow the popular trend in the industry. Because of these wonderful merits the client can pass the exam successfully with high probability. Our Financial Reporting test torrent boost 99% passing rate and high hit rate so you can have a high probability to pass the exam. If you persist in the decision of choosing our FR Discount test braindumps, your chance of success will increase dramatically. Only the help from the most eligible team can be useful and that are three reasons that our Financial Reporting prepare torrent outreach others. Dear customers, you may think it is out of your league before such as winning the FR Discount exam practice is possible within a week or a FR Discount practice material could have passing rate over 98 percent.
It all starts from our FR Discount learning questions.
Only 20-30 hours on our FR - Financial Reporting Discount learning guide are needed for the client to prepare for the test and it saves our client’s time and energy. Our Test FR Sims learning material was compiled from the wisdom and sweat of many industry experts. And it is easy to learn and understand our Test FR Sims exam questions.
Are you staying up for the FR Discount exam day and night? Do you have no free time to contact with your friends and families because of preparing for the exam? Are you tired of preparing for different kinds of exams? If your answer is yes, please buy our FR Discount exam questions, which is equipped with a high quality. We can make sure that our FR Discount study materials have the ability to help you solve your problem, and you will not be troubled by these questions above.
CPA FR Discount - They are quite convenient.
With the rapid development of the world economy, it has been universally accepted that a growing number of people have longed to become the social elite. However, the competition of becoming the social elite is fierce for all people. The FR Discount latest dumps will be a shortcut for a lot of people who desire to be the social elite. If you try your best to prepare for the FR Discount exam and get the related certification in a short time, it will be easier for you to receive the attention from many leaders of the big company, and it also will be very easy for many people to get a decent job in the labor market by the FR Discount learning guide.
Our FR Discount quiz torrent can help you get out of trouble regain confidence and embrace a better life. Our FR Discount exam question can help you learn effectively and ultimately obtain the authority certification of CPA, which will fully prove your ability and let you stand out in the labor market.
FR PDF DEMO:
QUESTION NO: 1
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: 2
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: 3
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
QUESTION NO: 4
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: 5
Bony plc purchased equipment on 1 April 2010 for $100,000. The equipment was depreciated using the reducing balance method at 25% per annum.
Bony plc prepares accounts to 31 March annually. Depreciation was charged up to and including 31
March 2012. At that date, the recoverable amount of this equipment was $42,000.
According to IAS 36 Impairment of Assets, what was the impairment loss on this equipment calculated on 31 March 2012?
A. Nil
B. $8,000
C. $14,250
D. $25,000
Answer: C
SAP C-LCNC-2406 - In order to meet the demands of all people, our company has designed the trail version for all customers. In this case, we need a professional Microsoft SC-400 certification, which will help us stand out of the crowd and knock out the door of great company. We can make sure that you cannot find the more suitable Lpi 030-100certification guide than our study materials, so hurry to choose the study materials from our company as your study tool, it will be very useful for you to prepare for the Lpi 030-100 exam. What is more, our EMC D-VXB-DY-A-24 practice engine persists in creating a modern service oriented system and strive for providing more preferential activities for your convenience. In order to let all people have the opportunity to try our products, the experts from our company designed the trial version of our Microsoft AZ-204-KR prep guide for all people.
Updated: May 26, 2022