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CIMAPRA19-F02-1 Exam - Topic 1 Question 47 Discussion

Ratios calculated from thefinancial statements of ST Group for the years ended 31 August 20X7 and 20X6 are as follows:Which of the followingwould have contributed to the movements in these ratios?
C) During 20X7 ST Groupincreased the useful life of its vehiclesto five years from four and adjusted the depreciation charge accordingly.
A) During 20X7 ST Group acquired an associate which made arelatively smallprofit for the year.
B) ST Group extended its customer base which resulted in an increase inthe volume ofsales during 20X7.
D) The fair value of an investment acquired in 20X7 and classified as fair value through profit or losshas increased in value by the year end.

CIMAPRA19-F02-1 Exam - Topic 1 Question 47 Discussion

Actual exam question for CIMA's CIMAPRA19-F02-1 exam
Question #: 47
Topic #: 1
[All CIMAPRA19-F02-1 Questions]

Ratios calculated from thefinancial statements of ST Group for the years ended 31 August 20X7 and 20X6 are as follows:

Which of the followingwould have contributed to the movements in these ratios?

Show Suggested Answer Hide Answer
Suggested Answer: C

by Refugia at May 09, 2022, 04:36 AM

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Claribel
9 months ago
Not sure if extending vehicle life is a good move for ratios.
upvoted 0 times
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Paris
9 months ago
Fair value adjustments can really skew the numbers.
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Weldon
9 months ago
Surprised the associate only made a small profit!
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Delmy
9 months ago
I think the depreciation change could have a big impact too.
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Marge
9 months ago
ST Group's sales volume increased in 20X7.
upvoted 0 times
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Michael
10 months ago
I've got a good feeling about this one. The key is identifying the right data source and using the appropriate filters. I think Option B looks like the best fit based on the requirements.
upvoted 0 times
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Vonda
10 months ago
Hamburger menus are trendy, but I feel like they might hide important links from users, especially on a school website. I guess it depends on the audience!
upvoted 0 times
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