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CIMAPRA19-F02-1 Exam - Topic 5 Question 127 Discussion

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?
A) Option
B) Option
C) Option

CIMAPRA19-F02-1 Exam - Topic 5 Question 127 Discussion

Actual exam question for CIMA's CIMAPRA19-F02-1 exam
Question #: 127
Topic #: 5
[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 29, 2026, 09:10 PM

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Chanel
I believe the entry should reflect the increase in the deferred tax liability due to the revaluation, but I’m not confident about the exact wording of the options.
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Bobbye
5 days ago
If I remember correctly, we need to consider the tax rate when calculating the deferred tax, but I’m a bit confused about how to apply it here.
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Lisandra
10 days ago
I remember a similar practice question where we had to adjust for temporary differences, but I can't recall if it was related to revaluation or something else.
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Lemuel
15 days ago
I think the journal entry involves debiting the deferred tax expense and crediting the deferred tax liability, but I'm not entirely sure about the amounts.
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