MENU
XY owned 80% of the equity share capital of AB at 1 January 20X5. XY disposed of 20% of AB's equity share capital on 31 December 20X5 for $200,000. The non controlling interest was measured at $140,000 immediately prior to the disposal.
What was the amount of the credit to retained earnings that XY will process in respect of this disposal when it prepares its consolidated financial statements at 31 December 20X5?
Suggested Answer: A
Get Premium CIMAPRA19-F02-1 Questions
as Interactive Web-Based Practice Test or PDF
Real Exam Format
Detailed Explanations
Instant Access
Get Your Practice Test
11 comments · newest first
LA
Lashawn
12 months ago
I agree, $60,000 makes sense based on the figures!
DE
Delmy
1 year ago
Definitely $80,000, right?
AB
Abel
1 year ago
Wait, how does that add up? Seems off to me.
WE
Weldon
1 year ago
I think the credit to retained earnings is $60,000.
CA
Carylon
1 year ago
The non-controlling interest was $140,000 before the sale.
MA
Mabelle
1 year ago
Okay, let me think this through step-by-step. The key is understanding how the BGP updates are propagated between the different network elements.
MI
Micaela
1 year ago
This question seems straightforward, I think I can handle it.
CE
Cecily
1 year ago
This looks straightforward. I think the "Get New Users from Office 365" option is the way to go since we need to add users to Business Central for the first time.
CR
Cristy
1 year ago
Hmm, I'm a bit unsure about this one. There are a few options that seem reasonable, but I'm not sure which one is the absolute first step. I'll have to think this through carefully.
MA
Maile
1 year ago
I've got a strategy in mind. I'll start by identifying the decision points in the BPMN model, then systematically go through the test cases to see which ones cover those decisions.
KR
Kristine
1 year ago
Ah, this is a good one. I remember learning that the Ethereum node API is based on the JSON-RPC standard, so you can use any language that supports that protocol. I'll make sure to select the right answer.