Pre Black Friday Sale Special - 65% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: c4sdisc65

  1. Home
  2. CIMA
  3. CIMA Operational
  4. F1 - Financial Reporting

Safe & Secure
Payments

Customers
Services

Money Back
Guarantee

Download Free
Demo

F1 PDF

$69.65

$199

3 Months Free Update

Add to Cart
  • Printable Format
  • Value of Money
  • 100% Pass Assurance
  • Verified Answers
  • Researched by Industry Experts
  • Based on Real Exams Scenarios
  • 100% Real Questions

F1 PDF + Testing Engine

$87.15

$249

3 Months Free Update

Add to Cart
  • Exam Name: Financial Reporting
  • Last Update: 08-Dec-2023
  • Questions and Answers: 248
  • Free Real Questions Demo
  • Recommended by Industry Experts
  • Best Economical Package
  • Immediate Access

F1 Engine

$78.75

$225

3 Months Free Update

Add to Cart
  • Best Testing Engine
  • One Click installation
  • Recommended by Teachers
  • Easy to use
  • 3 Modes of Learning
  • State of Art Technology
  • 100% Real Questions included

Last Week Results!

20

Customers Passed
CIMA F1

88%

Average Score In Real
Exam At Testing Centre

89%

Questions came word by
word from this dump

Getting F1 Certification Made Easy!

An Exclusive 94.1% Success Rate...

For more than a decade, Crack4sure’s F1 Financial Reporting study guides and dumps are providing the best help to a great number of clients all over the world for exam preparation and passing it. The wonderful CIMA F1 success rate using our innovative and exam-oriented products made thousands of ambitious IT professionals our loyal customers. Your success is always our top priority and for that our experts are always bent on enhancing our products.

This unique opportunity is available through our CIMA F1 testing engine that provides you with real exam-like practice tests for pre-exam evaluation. The practice questions and answers have been taken from the previous F1 exam and are likely to appear in the next exam too. To obtain a brilliant score, you need to keep practicing with practice questions and answers.

Concept of CIMA CIMA Operational Exam Preparation

Instead of following the ages-old concept of CIMA CIMA Operational exam preparation using voluminous books and notes, Crack4sure has introduced a brief, to-the-point, and most relevant content that is extremely helpful in passing any certification CIMA CIMA Operational exam. For an instance, our F1 Dec 2023 updated study guide covers the entire syllabus with a specific number of questions and answers. The simulations, graphs, and extra notes are used to explain the answers where necessary.

Maximum Benefit within Minimum Time

At crack4sure, we want to facilitate the ambitious IT professionals who want to pass different certification exams in a short period of time but find it tough to spare time for detailed studies or take admission in preparatory classes. With Crack4sure’s CIMA CIMA Operational study guides as well as F1 dumps, it is super easy and convenient to prepare for any certification exam within days and pass it. The easy information, provided in the latest Dec 2023 F1 questions and answers does not prove a challenge to understand and memorize. The CIMA F1 exam takers feel confident within a few days of study that they can answer any question on the certification syllabus.

F1 Questions and Answers

Question # 1

F1 question answer

F1 question answer

Question # 2

AA manufactures computers. These are sold to BB at $100 a computer plus a 5% sales tax. BB subsequently sells the computers to CC for $200 a computer plus a 5% sales tax. C sells the computers to customers at $300 a computer plus a 5% sales tax.

The total tax received by the tax authority is $30.

Which type of tax is described above?

A.

Single-stage sales tax

B.

Value added tax

C.

Retail tax

D.

Multi-stage cumulative sales tax

Question # 3

The statement of profit or loss for PQ, ST and AB for the year ended 31 December 20X0 are shown below:

F1 question answer

1. PQ acquired 80% of its subsidiary, ST, on 1 January 20X0 and 40% of its associate, AB, on 1 September 20X0.

2. Since acquistion PQ has sold goods to ST and AB for $20,000 and $30,000 respectively. At the year end both ST and AB have 50% of these goods remaining in inventory. PQ uses a mark-up of 20% on all of its sales.

3. Since acquisition the goodwill in respect of ST has been impaired by $8,000 and the investment in AB has been impaired by $2,000.

4. PQ uses the fair value method for non-controlling interest at acquisition.

What is the value of the unrealized profit in inventory adjustment required to inventory in PQ's consolidated statement of financial position at 31 December 20X0?

A.

$3,333

B.

$2,000

C.

$4,000

D.

$1,667

Question # 4

Which of the following is a condition that has to be met for an entity to be exempt the requirement to prepare consolidated financial statements?

A.

The parent entity's debt or equity instruments are not traded in a public market.

B.

The parent entity's equity instruments are only traded in one country.

C.

The parent's equity has a nominal value of less than $1 million.

D.

The parent's net asset value is less than $1 million.

Question # 5

The development of an international financial reporting standard generally goes through a number of stages.

Which of the following is NOT a stage of development?

A.

Producing an exposure draft for public comment

B.

Establishing an advisory committee

C.

Developing and publishing a discussion paper

D.

Establishing an interpretations committee

View More F1 Questions

Why so many professionals recommend Crack4sure?

  • Simplified and Relevant Information
  • Easy to Prepare F1 Questions and Answers Format
  • Practice Tests to experience the F1 Real Exam Scenario
  • Information Supported with Examples and Simulations
  • Examined and Approved by the Best Industry Professionals
  • Simple, Precise and Accurate Content
  • Easy to Download F1 PDF Format

Money Back Passing Guarantee

Contrary to online courses free, with Crack4sure’s products you get an assurance of success with money back guarantee. Such a facility is not even available with exam collection and buying VCE files from the exam vendor. In all respects, Crack4sure’s products will prove to the best alternative of your money and time.