Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

CIMAPRA19-F01-1 Exam - Topic 4 Question 34 Discussion

The following information is extracted from OO's statement of financial position at 31 March:Included in other payables is interest payable of $80,000 at 31 March 20X2 and $73,000 at 31 March 20X1.The following information if included within OO's statement of profit or loss for the year ended 31 March 20X2:Included within finance cost is $124,000 which relates to interest paid on a finance lease. 00 includes finance lease interest within financing activities on its statement of cash flows.________________Within OO's statement of cash flow for the year ended 31 March 20X2 which figures should be included to reflect the changes in working capital within the net cash flow from operating activities?
C) Option C
A) Option A
B) Option B
D) Option D

CIMAPRA19-F01-1 Exam - Topic 4 Question 34 Discussion

Actual exam question for CIMA's CIMAPRA19-F01-1 exam
Question #: 34
Topic #: 4
[All CIMAPRA19-F01-1 Questions]

The following information is extracted from OO's statement of financial position at 31 March:

Included in other payables is interest payable of $80,000 at 31 March 20X2 and $73,000 at 31 March 20X1.

The following information if included within OO's statement of profit or loss for the year ended 31 March 20X2:

Included within finance cost is $124,000 which relates to interest paid on a finance lease. 00 includes finance lease interest within financing activities on its statement of cash flows.________________

Within OO's statement of cash flow for the year ended 31 March 20X2 which figures should be included to reflect the changes in working capital within the net cash flow from operating activities?

Show Suggested Answer Hide Answer
Suggested Answer: C

by Alease at May 04, 2022, 01:01 PM

Limited Time Offer

25%

Off

Get Premium CIMAPRA19-F01-1 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

0/2000 characters
Submit Cancel
Kristel
10 months ago
$124k finance cost for the lease, noted!
upvoted 0 times
...
Lyda
10 months ago
Not sure about those cash flow figures, seems off to me.
upvoted 0 times
...
Stephaine
11 months ago
Wait, why is the finance lease interest included in financing activities?
upvoted 0 times
...
Galen
11 months ago
Totally agree, that's a significant jump!
upvoted 0 times
...
German
11 months ago
Interest payable increased from $73k to $80k.
upvoted 0 times
...
Buddy
11 months ago
Okay, I think I got this. If 80% of the data is within 6 standard deviations, that means the process is really tightly controlled. So the answer must be True.
upvoted 0 times
...
Chanel
11 months ago
This looks like a tricky one. I'll need to think through the requirements carefully to come up with the best solution.
upvoted 0 times
...
Frederick
11 months ago
This looks straightforward - I'm pretty sure it's the Board of Directors. They set overall strategy and have ultimate governance responsibility.
upvoted 0 times
...
Alfred
11 months ago
Hmm, I'm not totally sure about this one. I'll need to think it through carefully. Maybe I should review the Cisco WSA documentation again to make sure I understand the different report types.
upvoted 0 times
...
Santos
11 months ago
This is a good opportunity to demonstrate my understanding of Azure Cognitive Search and access control. I'll make sure to carefully consider each of the options and select the three that best solve the problem.
upvoted 0 times
...

Save Cancel