It is so cool even to think about it. As we all know that the electronic equipment provides the convenience out of your imagination.With our APP online version of our FR Passing Scorepractice materials, your attempt will come true. Our FR Passing Score exam dumps can be quickly downloaded to the eletronic devices. And you are lucky to find us for we are the most popular vendor in this career and have a strong strength on providing the best FR Passing Score study materials. And the price of our FR Passing Score practice engine is quite reasonable. The innovatively crafted dumps will serve you the best; imparting you information in fewer number of questions and answers.
Certified Public Accountant FR In fact, our aim is the same with you.
Our high-quality FR - Financial Reporting Passing Score} learning guide help the students know how to choose suitable for their own learning method, our FR - Financial Reporting Passing Score study materials are a very good option. As is known to us, there are best sale and after-sale service of the FR Latest Study Plan certification training dumps all over the world in our company. Our company has employed a lot of excellent experts and professors in the field in the past years, in order to design the best and most suitable FR Latest Study Plan latest questions for all customers.
You can effortlessly yield the printouts of FR Passing Score exam study material as well, PDF files make it extremely simple for you to switch to any topics with a click. While the Practice Software creates is an actual test environment for your FR Passing Score certification exam. All the preparation material reflects latest updates in FR Passing Score certification exam pattern.
CPA FR Passing Score - We can provide you with a free trial version.
Unlike other kinds of exam files which take several days to wait for delivery from the date of making a purchase, our FR Passing Score study materials can offer you immediate delivery after you have paid for them. The moment you money has been transferred to our account, and our system will send our FR Passing Scoretraining dumps to your mail boxes so that you can download FR Passing Score exam questions directly. It is fast and convenient out of your imagination.
Under the guidance of our study materials, you can gain unexpected knowledge. Finally, you will pass the exam and get a CPA certification.
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
Meanwhile, if you want to keep studying this course , you can still enjoy the well-rounded services by EMC D-XTR-DS-A-24 test prep, our after-sale services can update your existing EMC D-XTR-DS-A-24 study quiz within a year and a discount more than one year. Our experts all have a good command of exam skills to cope with the Google Cloud-Digital-Leader preparation materials efficiently in case you have limited time to prepare for it, because all questions within them are professionally co-related with the Google Cloud-Digital-Leader exam. EXIN SIAMP - Firstly, the pass rate among our customers has reached as high as 98% to 100%, which marks the highest pass rate in the field. They develop the Fortinet FCP_FWF_AD-7.4 exam guide targeted to real exam. Our ISC CISSP study guide has three formats which can meet your different needs: PDF, software and online.
Updated: May 26, 2022