A bad situation can show special integrity. When to face of a difficult time, only the bravest people could take it easy. Are you a brave person? If you did not do the best preparation for your IT certification exam, can you take it easy? Yes, of course. And we believe you will pass the FR Study Guide exam just like the other people! With the help of our FR Study Guide study guide, you can adjust yourself to the exam speed and stay alert according to the time-keeper that we set on our FR Study Guide training materials. If you want to pass the CPA FR Study Guide exam, you'd better to buy Omgzlook's exam training materials quickly.
Certified Public Accountant FR We provide one-year customer service; 4.
Certified Public Accountant FR Study Guide - Financial Reporting There is no point in regretting for the past. If you are urgent to pass exam our exam materials will be suitable for you. Mostly you just need to remember the questions and answers of our CPA FR Valid Dumps Pdf exam review questions and you will clear exams.
There is no doubt that the certification has become more and more important for a lot of people, especial these people who are looking for a good job, and it has been a general trend. More and more workers have to spend a lot of time on meeting the challenge of gaining the FR Study Guide certification by sitting for an exam. It is known to us that more and more companies start to pay high attention to the FR Study Guide certification of the candidates.
CPA FR Study Guide - You can take advantage of the certification.
Our FR Study Guide exam review contains the latest test questions and accurate answers along with the professional explanations. A little attention to prepare FR Study Guide practice test will improve your skills to clear exam with high passing score. For most busy IT workers, FR Study Guide dumps pdf is the best alternative to your time and money to secure the way of success in the IT filed.
Our FR Study Guide study materials allow you to improve your competitiveness in a short period of time. With the help of our FR Study Guide guide prep, you will be the best star better than others.
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
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
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
You can find latest Microsoft MS-700-KR test answers and questions in our pass guide and the detailed explanations will help you understand the content easier. In order to facilitate the user real-time detection of the learning process, we Cisco 300-815 exam material provideds by the questions and answers are all in the past.it is closely associated, as our experts in constantly update products every day to ensure the accuracy of the problem, so all Cisco 300-815 practice materials are high accuracy. As the questions of our SAP C-S4CPR-2408 exam dumps are involved with heated issues and customers who prepare for the SAP C-S4CPR-2408 exams must haven’t enough time to keep trace of SAP C-S4CPR-2408 exams all day long. Our study materials can let users the most closed to the actual test environment simulation training, let the user valuable practice effectively on Microsoft AZ-104 practice guide, thus through the day-to-day practice, for users to develop the confidence to pass the exam. SAP C-C4H51-2405 - The high quality and high pass rate has bbecome a reason for thousand of candidates to choose.
Updated: May 26, 2022