And our FR Exam Discount training questions are popular in the market. We believe you will make the right choice. Our FR Exam Discount exam materials are formally designed for the exam. So, please give the FR Exam Discount study materials a chance to help you. Though our FR Exam Discount training guide is proved to have high pass rate, but If you try our FR Exam Discount exam questions but fail in the final exam, we can refund the fees in full only if you provide us with a transcript or other proof that you failed the exam. All the FR Exam Discount study materials of our company can be found in the three versions.
Certified Public Accountant FR I wish you good luck.
Certified Public Accountant FR Exam Discount - Financial Reporting You can download the part of the trial exam questions and answers as a try. If you fail the exam, we will give a full refund to you. We all know that in the fiercely competitive IT industry, having some IT authentication certificates is very necessary.
Omgzlook speak with the facts, the moment when the miracle occurs can prove every word we said. The exam materiala of the Omgzlook CPA FR Exam Discount is specifically designed for candicates. It is a professional exam materials that the IT elite team specially tailored for you.
CPA FR Exam Discount - It can guarantee you 100% pass the exam.
CPA FR Exam Discount certification exam is among those popular IT certifications. It is also the dream of ambitious IT professionals. This part of the candidates need to be fully prepared to allow them to get the highest score in the FR Exam Discount exam, make their own configuration files compatible with market demand.
If you won't believe us, you can visit our Omgzlook to experience it. And then, I am sure you must choose Omgzlook exam dumps.
FR PDF DEMO:
QUESTION NO: 1
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: 2
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: 3
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: 4
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: 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
Omgzlook's CPA Adobe AD0-E903 exam training materials are bring the greatest success rate to all the candicates who want to pass the exam. Would you like to attend CPA Cisco 700-695 certification exam? Certainly a lot of people around you attend this exam. Juniper JN0-281 - Before you buy, you can enter Omgzlook website to download the free part of the exam questions and answers as a trial. Microsoft PL-300 - Whether to pass the exam successfully, it consists not in how many materials you have seen, but in if you find the right method. NAHQ CPHQ - The coverage of the products of Omgzlook is very broad.
Updated: May 26, 2022