CIMA F1 dumps - in .pdf

F1 pdf
  • Exam Code: F1
  • Exam Name: Financial Reporting
  • Updated: Sep 16, 2026
  • Q & A: 247 Questions and Answers
  • PDF Price: $59.99
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  • Exam Code: F1
  • Exam Name: Financial Reporting
  • Updated: Sep 16, 2026
  • Q & A: 247 Questions and Answers
  • PDF Version + PC Test Engine + Online Test Engine
  • Value Pack Total: $119.98  $79.99
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CIMA F1 dumps - Testing Engine

F1 Testing Engine
  • Exam Code: F1
  • Exam Name: Financial Reporting
  • Updated: Sep 16, 2026
  • Q & A: 247 Questions and Answers
  • Software Price: $59.99
  • Testing Engine

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CIMA F1 Exam Syllabus Topics:

SectionWeightObjectives
Regulatory Environment of Financial Reporting10%- Regulators and their role
  • 1. Role of IASB and IFRS Foundation
  • 2. Corporate governance and ethical framework
Managing Cash and Working Capital25%- Cash and working capital management
  • 1. Working capital cycle and liquidity ratios
  • 2. Receivables, payables and inventory management
Financial Statements45%- Statement preparation and IFRS application
  • 1. Prepare statement of financial position
  • 2. Statement of changes in equity and cash flows
  • 3. Prepare statement of profit or loss and other comprehensive income
Principles of Taxation20%- Taxation fundamentals
  • 1. Tax implications and issues affecting taxation
  • 2. Types of tax and direct tax principles

CIMA Financial Reporting Sample Questions:

Question #1

Which of the following is a type of short-term finance?

  • A. Interest bearing bank deposit
  • B. Trade payables
  • C. Loan repayable in five years
  • D. Trade receivables
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #2

Which of the following is NOT a primary need for regulating financial reporting information of incorporated entities?

  • A. To make information more consistent.
  • B. To improve the reliability of information for users.
  • C. To ensure that information is consistent with its legal form.
  • D. To make information more comparable.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #3

RS purchased an asset on 1 May 20X1 for $200,000, exclusive of import duties of $25,000.
The asset was sold on 1 December 20X3 for $450,000, incurring costs to sell of $15,000.
RS is resident in Country Y where indexation is allowable from the date of purchase to the date of sale.
The indexation factor increased by 40% in the period 1 May 20X1 to 1 December 20X3.
Capital gains are taxed at 25%.
What is the capital tax due from RS on disposal of the asset?

  • A. $28,500
  • B. $30,000
  • C. $120,000
  • D. $38,750
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #4

GH's tax liability at 30 June 20X3 in respect of the tax charge on the profits for the year ended 30 June 20X3 is $876,000.
There was an over provision of $105,000 that related to the tax charge on the profits for the year ending 30 June 20X2.
What amount should be shown in GH's statement of profit or loss for the year ending 30 June 20X3?
Give your answer to the nearest $.

Reveal Solution  Discussion  0

Correct Answer:

$771000

Question #5

To apply the fundamental principles of the Code of Ethics, existing and potential threats to the entity first need to be identified and evaluated.
Which THREE of the following are identified in the Code as threats?

  • A. Objectivity threats
  • B. Self-review threats
  • C. Integrity threats
  • D. Self-interest threats
  • E. Confidentiality threat
  • F. Familiarity threats
Reveal Solution  Discussion  0

Correct Answer: B,D,F  🗳️

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