CIMAPRA19-F01-1 Exam Questions - Navigate Your Path to Success

The CIMA F1 Financial Reporting (CIMAPRA19-F01-1) exam is a good choice and if the candidate manages to pass CIMA F1 Financial Reporting exam, he/she will earn CIMA Professional Qualification Certification. Below are some essential facts for CIMA CIMAPRA19-F01-1 exam candidates:

TrendyCerts offers 177 Questions that are based on actual CIMAPRA19-F01-1 syllabus.
Our CIMAPRA19-F01-1 Exam Practice Questions were last updated on: Mar 02, 2025

Sample Questions for CIMAPRA19-F01-1 Exam Preparation

Question 1

Which of the following is an effect of using equity accounting to include an entity in the consolidated statement of financial position of a group?

AA single figure is included in net assets which is the sum of the initial cost of investment in the investee entity plus the group share of all changes in net assets since acquisition.

B100% of each asset and liability of the investee entity is included with the investing entity's balances.

CThe group share of each asset and liability of the investee entity is included with the investing entity's balances.

DThe investment in the investee entity is included in non-current assets at cost to the investing entity.

Correct : A

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Question 2

Which of the following is correct?

The primary purpose of a cash budget prepared on a monthly basis is to determine:

Anext month's sales volumes.

Bthe amount of inventory to purchase in the following month.

Cwhen to pay employees salaries.

Dwhether there will be sufficient cash in the bank to meet requirements.

Correct : D