Cima dumpspedia pearson F1 New Attempt by Finnian q177 vce pdf

Page: 8 / 18

Exam Name:	Financial Reporting
Exam Code:	F1 Dumps
Vendor:	CIMA	Certification:	CIMA Operational
Questions:	248 Q&A's	Shared By:	finnian

Question 32

In an entity's statement of profit or loss and other comprehensive income, which of the following would be presented as other comprehensive income?

Options:

An increase in the depreciation charge resulting from the revaluation of a non-current asset.

An impairment loss relating to a non-current asset that had not previously been revalued.

The increase in the value of a non-current asset following a revaluation.

The profit on the disposal of a non-current asset

Discussion

Question 33

An entity had a current tax liability of $187,000 in its statement of financial position as at 30 September 20X5. It was subsequently negotiated and eventually agreed with the tax authorities that the entity would pay $192,000 and this was paid on 6 January 20X6.

The entity's management estimate that the tax due on profits for the year to 30 September 20X6 is $231,000.

Calculate the entity's corporate income tax expense included in its statement of profit or loss for the year ended 30 September 20X6.

Give your answer to the nearest whole $000.

Options:

Discussion

Ari

Can anyone explain what are these exam dumps and how are they?

Ocean Jul 13, 2025

They're exam preparation materials that are designed to help you prepare for various certification exams. They provide you with up-to-date and accurate information to help you pass your exams.

Walter

Yayyy!!! I passed my exam with the help of Cramkey Dumps. Highly appreciated!!!!

Angus Jul 17, 2025

YES….. I saw the same questions in the exam.

Lois

I passed my exam with wonderful score. Their dumps are 100% valid and I felt confident during the exam.

Ernie Jul 16, 2025

Absolutely. The best part is, the answers in the dumps were correct. So, I felt confident and well-prepared for the exam.

Billy

It was like deja vu! I was confident going into the exam because I had already seen those questions before.

Vincent Jul 20, 2025

Definitely. And the best part is, I passed! I feel like all that hard work and preparation paid off. Cramkey is the best resource for all students!!!

Question 34

Which of the following is an example of a progressive tax?

Options:

Personal income tax of 10% on earnings up to $10,000, then at 15% over $10,001

Corporate income tax of 20% on earnings up to $100,000, then at 10% over $100,000

Corporate income tax of 20% on all earnings

Personal income tax of 10% and corporate income tax of 20%

Discussion

Question 35

Identify from the list below which items can be recognised as assets within the financial statements of an entity in accordance with IAS 38 Intangible Assets. Place either yes or no as appropriate against each item.

Questions 35