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CIMA Exam CIMAPRA19-F02-1 Topic 2 Question 111 Discussion

Actual exam question for CIMA's CIMAPRA19-F02-1 exam
Question #: 111
Topic #: 2
[All CIMAPRA19-F02-1 Questions]

AB has taxable temporary differences arising from the revaluation of non current assets.

What is the journal entry to record the movement in the provision for deferred taxresulting from this difference?

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Suggested Answer: A

by Shawn at May 05, 2025, 03:51 PM

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Thurman
28 days ago
This question is so easy, it's almost insulting. Option C, no brainer. Although, I do wonder if the revaluation was done in a way that would make the exam question more interesting. Gotta keep us on our toes, you know?
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Iola
4 days ago
Yeah, it does seem pretty straightforward. But you never know, they might throw in a twist.
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Candra
5 days ago
I agree, option C is the correct choice.
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Alberto
29 days ago
Option B? Really? What is this, amateur hour? Option C all the way, baby. Bring on the deferred tax!
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Daniel
1 months ago
Option C is the way to go, no doubt about it. Although, I'd be more concerned about the revaluation of the assets than the deferred tax movement. Priorities, people!
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Mariann
1 months ago
I think Option B is correct because it reflects the proper treatment of deferred tax for revalued assets.
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Erasmo
1 months ago
I'm gonna go with Option A. It's the least boring option, and that's what really counts, right?
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Shasta
4 days ago
Yeah, Option A is definitely the most interesting option.
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Bernardine
5 days ago
User 1: I think Option A is the way to go.
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Margurite
18 days ago
I agree, Option A seems like the best choice.
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Stephanie
28 days ago
I think Option A is the way to go.
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Rosio
1 months ago
Why do you think it's Option B?
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King
2 months ago
Option B seems like the obvious choice to me. Gotta love those deferred tax movements!
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Rosann
26 days ago
Yes, Option B is the most appropriate journal entry for this situation involving taxable temporary differences.
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Scarlet
1 months ago
I agree, Option B is the correct choice for recording the movement in the provision for deferred tax.
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Mariann
2 months ago
I disagree, I believe it should be Option B.
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Lezlie
2 months ago
Hmm, this is a tricky one. I think Option C is the way to go, but I'm not 100% sure.
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Lezlie
28 days ago
User 4: I agree, let's confirm the correct option before proceeding.
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Micaela
1 months ago
User 3: Let's review the journal entry together to make sure.
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Malika
1 months ago
User 2: I'm not sure, maybe we should double check.
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Lauran
1 months ago
User 1: I think Option C is correct.
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Rosio
2 months ago
I think the journal entry should be Option A.
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