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CIMA Exam CIMAPRA19-F01-1 Topic 4 Question 79 Discussion

Actual exam question for CIMA's CIMAPRA19-F01-1 exam
Question #: 79
Topic #: 4
[All CIMAPRA19-F01-1 Questions]

WX is considering an investment in ST.

At 31 December 20X2 ST had the following balances in its statement of financial position:

Which of the following would cause ST to become an associate investment of WX?

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Suggested Answer: C

Contribute your Thoughts:

Karl
2 days ago
But A includes both equity and preference shares, which would make ST an associate investment of WX.
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Josephine
4 days ago
I disagree, I believe the answer is B.
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Karl
8 days ago
I think the answer is A.
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Josephine
9 days ago
But A includes both equity and preference shares, which would make ST an associate investment of WX.
upvoted 0 times
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Reena
12 days ago
I disagree, I believe the answer is C.
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Josephine
13 days ago
I think the answer is A.
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