CIMAPRA19-F02-1 Exam - Topic 1 Question 2 Discussion

Actual exam question for CIMA's CIMAPRA19-F02-1 exam

Question #: 2
Topic #: 1

EFGispreparingitsfinancial statements to 31 March 20X8. During the year ended 31 March 20X7, EFG purchased a piece of land for $1 millionwhich isused as the staff car park. EFG hasa policy of revaluing land, in accordance withInternationalAccountingStandards, and at 31 March 20X8, accounted for a substantial increase inits value.

Revenue and operating profit has remained constantover the 2 years.

When comparing EFG's financial statements for the year ended 31 March 20X7with those of20X8, which THREE of the following would be expected?

AIncrease in profit before tax.

BIncrease in other comprehensive income.

CIncrease in return on capital employed.

DDecrease in return on capital employed.

EIncrease in net asset turnover.

FDecrease in net asset turnover.

Show Suggested Answer

Suggested Answer: B, D, F

by Raul at May 03, 2022, 11:15 AM

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Hmm, I'm a bit unsure about this one. The requirements mention querying logs using Kusto, which makes me think an Azure Event Hub might be a good option. But then again, the 2-year retention requirement and the need to minimize admin effort could point more towards a Log Analytics workspace. I'll have to think this through carefully.

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