Our FR Torrent preparation exam have taken this into account, so in order to save our customer’s precious time, the experts in our company did everything they could to prepare our FR Torrent study materials for those who need to improve themselves quickly in a short time to pass the exam to get the FR Torrent certification. If we waste a little bit of time, we will miss a lot of opportunities. If we miss the opportunity, we will accomplish nothing. Next, I will detail the relevant information of our learning materials so that you can have a better understanding of our FR Torrent guide training. Our FR Torrent study tool prepared by our company has now been selected as the secret weapons of customers who wish to pass the exam and obtain relevant certification. Learning our Financial Reporting test practice dump can help them save the time and focus their attentions on their major things.
Certified Public Accountant FR In the end, you will become an excellent talent.
However, when asked whether the FR - Financial Reporting Torrent latest dumps are reliable, costumers may be confused. On the one hand, you can elevate your working skills after finishing learning our New FR Test Labs study materials. On the other hand, you will have the chance to pass the exam and obtain the New FR Test Labscertificate, which can aid your daily work and get promotion.
Facing the FR Torrent exam this time, your rooted stressful mind of the exam can be eliminated after getting help from our FR Torrent practice materials. Among voluminous practice materials in this market, we highly recommend our FR Torrent study tool for your reference. Their vantages are incomparable and can spare you from strained condition.
CPA FR Torrent - Come on!
The passing rate is the best test for quality of our FR Torrent study materials. And we can be very proud to tell you that the passing rate of our FR Torrent Exam Questions is almost 100%. That is to say, as long as you choose our study materials and carefully review according to its content, passing the FR Torrent exam is a piece of cake. We're definitely not exaggerating. If you don't believe, you can give it a try.
We introduce a free trial version of the FR Torrent learning guide because we want users to see our sincerity. FR Torrent exam prep sincerely hopes that you can achieve your goals and realize your dreams.
FR PDF DEMO:
QUESTION NO: 1
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: 2
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: 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
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
QUESTION NO: 5
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
The one who choose our study materials that consider our website as the top preparation material seller for CompTIA PT0-002 study materials, and inevitable to carry all candidates the finest knowledge on exam syllabus contents. The existence of our HP HPE0-J68 learning guide is regarded as in favor of your efficiency of passing the exam. Microsoft MB-820 - So, buy our products immediately! HP HPE2-N71 - And we will send you the new updates if our experts make them freely. Also, you can begin to prepare the Microsoft AZ-700 exam.
Updated: May 26, 2022