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CIMA F2 Exam Dumps - Actual Questions Answers

F2 Advanced Financial Reporting

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  • Last Update: Nov 18, 2024
  • Questions: 268 questions
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CIMA F2 Last Week Results!

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CIMA F2

89%

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F2 Questions and Answers

Question # 1

Which THREE of the following actions should improve the cash position of an entity?

A.

Substituting a bonus issue for the final dividend.

B.

Selling non current assets and leasing them back under operating leases.

C.

Implementing an efficient inventory ordering system.

D.

Revaluing all non-current assets.

E.

Revising the depreciation policy of non-current assets.

F.

Offering extended credit terms to existing customers.

Question # 2

LM is preparing its consolidated financial statements for the year ended 30 April 20X5. During the year LM acquired 30% of the equity shares of AB giving it significant influence over AB.

LM conducted ratio analysis comparing the financial performance of the group for 30 April 20X4 and 20X5.

Which of the following ratios would not be comparable as a result of the acquisition of AB? 

A.

Operating profit margin.

B.

Return on capital employed.

C.

Earnings per share.

D.

Interest cover.

Question # 3

The IAS definitions of financial instruments dictate their classification between debt and equity. Which of of the following factors might this classification impact?

Select ALL that apply.

A.

Financial risk

B.

Profitability

C.

Profit distribution

D.

Liquidity

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