Cima testinside download Latest F1 Questions by Hailey q18 vce pdf

Page: 17 / 18

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

Question 68

LM is preparing its cash forecast for the next three months.

Which of the following items should be left out of its calculations?

Options:

Tax payment due, that relates to last year's profits.

Receipt of a new bank loan raised for the purpose of purchasing new machinery.

Expected loss on the disposal of a piece of land.

Rental payment on a leased vehicle.

Discussion

Question 69

BCD's financial statements for the year ending 30 November 20X3 include the following:

Questions 69

Inventory at 30 November 20X2 was $220,000.

What is BCD's average inventory holding period for the year ended 30 November 20X3?

Options:

37 days

35 days

45 days

42 days

Discussion

Inaya

Passed the exam. questions are valid. The customer support is top-notch. They were quick to respond to any questions I had and provided me with all the information I needed.

Cillian Dec 22, 2025

That's a big plus. I've used other dump providers in the past and the customer support was often lacking.

Zayaan

Successfully aced the exam… Thanks a lot for providing amazing Exam Dumps.

Harmony Dec 15, 2025

That's fantastic! I'm glad to hear that their dumps helped you. I also used them and found it accurate.

Everleigh

I must say that they are updated regularly to reflect the latest exam content, so you can be sure that you are getting the most accurate information. Plus, they are easy to use and understand, so even new students can benefit from them.

Huxley Dec 20, 2025

That's great to know. So, you think new students should buy these dumps?

Pippa

I was so happy to see that almost all the questions on the exam were exactly what I found in their Dumps.

Anastasia Dec 21, 2025

You are right…It was amazing! The Cramkey Dumps were so comprehensive and well-organized, it made studying for the exam a breeze.

Question 70

For an entity to be exempt from preparing consolidated financial statements it must meet certain criteria specified in IFRS 10 Consolidated Financial Statements.

Which of the following conditions would give exemption from preparing consolidated financial statements?

Options:

The parent's securities are publicly traded.

The parent is in the process of issuing securities in a public securities market.

The parent is a wholly owned subsidiary of another entity.

All of the parent's subsidiaries are in one country.

Discussion

Question 71

Which THREE of the following are conditions that must be met to allow an asset to be categorised as held for sale?

Options:

Management is committed to a plan to sell

The asset is being actively marketed at a reasonable price