Many people may have different ways and focus of study to pass FR New Study Questions Sheet exam in the different time intervals, but we will find that in real life, can take quite a long time to learn FR New Study Questions Sheet learning questions to be extremely difficult. You may be taken up with all kind of affairs, and sometimes you have to put down something and deal with the other matters for the latter is more urgent and need to be done immediately. With the help of our FR New Study Questions Sheet training guide, your dream won’t be delayed anymore. Because our study materials have the enough ability to help you improve yourself and make you more excellent than other people. The FR New Study Questions Sheet learning dumps from our company have helped a lot of people get the certification and achieve their dreams. As we all know, looking at things on a computer for a long time can make your eyes wear out and even lead to the decline of vision.
Certified Public Accountant FR Our research materials have many advantages.
Through all these years' experience, our FR - Financial Reporting New Study Questions Sheet training materials are becoming more and more prefect. You really can't find a more cost-effective product than FR Study Tool learning quiz! Our company wants more people to be able to use our products.
All exams from different suppliers will be easy to handle. Actually, this FR New Study Questions Sheet exam is not only practical for working or studying conditions, but a manifest and prestigious show of your personal ability. Passing the FR New Study Questions Sheet exam has never been so efficient or easy when getting help from our FR New Study Questions Sheet training materials.
CPA FR New Study Questions Sheet - The next thing you have to do is stick with it.
With the high employment pressure, more and more people want to ease the employment tension and get a better job. The best way for them to solve the problem is to get the FR New Study Questions Sheet certification. Because the certification is the main symbol of their working ability, if they can own the FR New Study Questions Sheet certification, they will gain a competitive advantage when they are looking for a job. An increasing number of people have become aware of that it is very important for us to gain the FR New Study Questions Sheet exam questions in a short time. Because all of them have realized that it is indispensable to our daily life and work.
For the complex part of our FR New Study Questions Sheet exam question, you may be too cumbersome, but our system has explained and analyzed this according to the actual situation to eliminate your doubts and make you learn better. If you choose our FR New Study Questions Sheet exam question for related learning and training, the system will automatically record your actions and analyze your learning effects.
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
And the Software version of our EMC D-UN-DY-23 study materials have the advantage of simulating the real exam, so that the candidates have more experience of the practicing the real exam questions. Having gone through about 10 years’ development, we still pay effort to develop high quality Splunk SPLK-1005 study dumps and be patient with all of our customers, therefore you can trust us completely. IIA IIA-CIA-Part3-3P-KR - Don't doubt about it. SAP C-THR85-2405 - Hence one can see that the Financial Reporting learn tool compiled by our company are definitely the best choice for you. PMI DASSM - A good learning platform should not only have abundant learning resources, but the most intrinsic things are very important, and the most intuitive things to users are also indispensable.
Updated: May 26, 2022