CIMA Management F2

CIMA F2 certification exam is experiencing a great demand within the IT industry. In recent years, CIMA F2 certificate has become a global standard for many successful IT companies.

Using GetCertKey's F2 braindumps materials, passing your F2 exam would be easier. GetCertKey's CIMA F2 exam materials contain almost 100% correct answers that are tested and approved by senior IT experts. Our exam materials are written by experienced IT experts. So it has a high hit rate and up to 99.9%. According to what we provide, you can pass F2 exam on your first try.

Instant Download: Upon successful payment, Our systems will automatically send the product you have purchased to your mailbox by email. (If not received within 12 hours, please contact us. Note: don't forget to check your spam.)

GetCertKey provides the most accurate and latest IT exam materials which almost contain all knowledge points. With the aid of our F2 study materials, you don't need to waste your time on reading quite a few reference books and just need spend 20-30 hours to master our F2 real questions and answers. And we provide you with PDF Version & Software Version exam questions and answers. For Software Version materials, it is offered to give the candidates simulate the F2 exam in a real environment.

After all customers successfully purchased our exam materials, we will provide one year free update. Within a year, if F2 exam materials that you have purchased updated, we will free send F2 latest version to your mailbox. If you don't pass your CIMA F2 exam, we will give you full refund. You need to send the scanning copy of your F2 examination report card to us. After confirming, we will quickly give you FULL REFUND of your purchasing fees.

GetCertKey provide some F2 samples of questions and answers. You can try our F2 free demo and download it. If you satisfied, you can add F2 exam dumps to your shopping cart. After you make a payment, we will send your F2 exam dumps to your mailbox. And later you can check your email and download the attachment.

Simple to operation: just two steps to finish your order. (Payment?)

Online F2 Test Engine supports Windows / Mac / Android / iOS, etc., because it is the software based on WEB browser.

CIMA F2 Exam Syllabus Topics:

CIMA Advanced Financial Reporting Sample Questions:

Question #1
Which of the following statements are true regarding consolidated cash flows after the acquisition of a subsidiary?
Select ALL that apply.

A. Net cash paid to acquire a subsidiary is shown as a cash inflow within the cash flow from investing activities
B. Adjustments need to be made to group working capital in light of the working capital acquired from the subsidiary
C. Cash acquired from the subsidiary upon purchase is represented as a cash inflow
D. The subsidiary's cash inflows and outflows become part of the group after purchase
E. Further adjustments are required to cash inflows and outflows after profit has been consolidated
F. Disclosure notes are required to show cash and cash equivalents paid or received, but not details of goodwill, assets and liabilities acquired

Question #2
XY has a weighted average cost of capital (WACC) of 12%. The debt:equity ratio is 1:3 and this is considered low for the industry. XY needs to raise finance to purchase new machinery in the coming year.
Which of the following forms of finance is most likely to increase the WACC?

A. Finance lease
B. 6% bank loan
C. 8% preference shares
D. Rights issue of equity shares

Question #3
Which of the following examples of contracts will use cost of sales as the balancing figure when calculating profit or loss?
Select ALL that apply.

A. Contract A has a total value of£85m, costs to date of£69m and expected costs to completion of£22m.
The contracts % stage of completion was calculated by dividing its costs incurred to date of£69m by £75m.
B. Contract A has a total value of£50m, costs to date of£42m and expected costs to completion of£15m.
The project's % stage of completion is 74% using the cost method.
C. Contract A has a total value of£55m, costs to date of£33m and expected costs to completion of£18m.
D. Contract A has a total value of£60m, costs to date of£42m and expected costs to completion of£15m.
The project's % stage of completion is 80% using the value method.
E. Contract A has a total value of£75m, costs to date of£61m and expected costs to completion of£20m.
The contracts % stage of completion was calculated by dividing its value to date of£45m by£75m.

Question #4
BC are currently seeking to establish an accounting policy for a particular type of transaction.
There are four alternative ways in which this transaction can be treated. Each treatment will have a different outcome on the financial statements as follows:
* Treatment one means that the financial statements will be easier to prepare.
* Treatment two will give a fair representation of the transaction in the financial statements.
* Treatment three will maximise the profit figure presented in the financial statements.
* Treatment four means that the financial statements will be more easily understood by shareholders.
Which accounting treatment should BC adopt?

A. Three
B. Two
C. One
D. Four

Question #5
AB acquired its one subsidiary, CD, on 1 January 20X1. At this date the fair value of CD's property, plant and equipment was found to be $40 million higher than its carrying value. The relevant items had a remaining estimated useful life of 10 years from the date of acquisition.
At 31 December 20X4 AB and CD presented property, plant and equipment of $100 million and $50 million respectively in their individual financial statements.
The value of property, plant and equipment presented in AB's consolidated statement of financial position at 31 December 20X4 is:

A. $174 million
B. $134 million
C. $190 million
D. $150 million

Solutions: