Free Preparation Discussions
MENU
CIMAPRA19-F01-1 Exam Questions
- Topic 1: Explain specific financial reporting standards/ Managing cash and working capital
- Topic 2: Idendtify regulators and describe their role/ Explain and calculate operating and cash cycles
- Topic 3: Apply different techniques used to manage working capital/ Regulatory environment of financial reporting
- Topic 4: Distinguish between the types and sources of short-term finance/ Apply corporate governance principales to financial reporting
- Topic 5: Apply financial reporting standards to prepare basic financial statements/ End of topic revision and question practice
- Topic 6: Indentify the main elements of financial statements/ Revise and practice questions under exam conditions
Free CIMA CIMAPRA19-F01-1 Exam Actual Questions
Note: Premium Questions for CIMAPRA19-F01-1 were last updated On Mar. 20, 2026 (see below)
Entity RH has an recognised a taxable profit of $1.Smillion for 20X1'. In Entity RH's resident country. Country M, depreciation charges and entertaining expenses are disallowed expenses. Below is some information on Entitry RH's outgoings for the period:
Depreciation charged on PPE: $450,000
Political donations: $155,000
Staff parties: $3,200
Cost of updating assets: $10,000
Other expenses: $83,500
In Country M, there is a standard corporation tax of 12% charged on all corporation profits. What is Entity RH's total tax liability for this period?
An entity bought a capital item for $110,000 on 1 March 20X4 incurring legal fees at the date of purchase of $2,500.
On 1 May 20X4 additional costs classified as capital expenditure by the tax rules of the country of $25,000 were incurred in respect of the asset. On 1 June 20X4 repairs not classified as capital expenditure were incurred at a cost of $15,000.
The asset was sold for $250,000 on 30 November 20X8 and costs to sell were incurred of $4,300.
Calculate the chargeable gain on the disposal.
Give your answer to the nearest $.
It costs PWR 7.50 to produce product H, per product. Product H is typically sold for 89.99. It costs 5.00 to package product H and 15 to deliver product H to customers.
PWR is currently selling faulty versions of product H from a defunct batch, (let's call this version product I), for 25% of the original price.
Which of the below options represent the correct inventory price for product I?
DE purchased an asset on 1 January 20X1 for $60,000 with a useful economic life of six years and a residual value of $3,000.
DE uses straight line depreciation for this asset.
On 31 December 20X3 the asset has a value in use of $ $28,000 and a fair value of $26,000.
Which of the following values should be used for the asset in DE's statement of financial position as at 31 December 20X3?
XYZ operates in Country P where the tax rules state entertaining costs and accounting depreciation are disallowable for tax purposes.
In year ending 31 March 20X4, XYZ made an accounting profit of $240,000.
Profit included $14,500 of entertaining costs and $5,000 of income exempt from taxation.
XYZ has plant and machinery with accounting depreciation amounting to $26,300 and tax depreciation amounting to $35,200.
Calculate the taxable profit for the year ended 31 March 20X4.
- Select Question Types you want
- Set your Desired Pass Percentage
- Allocate Time (Hours : Minutes)
- Create Multiple Practice tests with Limited Questions
- Customer Support
Avery
7 days agoBernardo
15 days agoStanford
22 days agoMarge
1 month agoJamey
1 month agoOmega
2 months agoPearlene
2 months agoJosephine
2 months agoGlendora
2 months agoCarla
3 months agoGlory
3 months agoLashonda
3 months agoBrandon
3 months agoMy
4 months agoCristy
4 months agoVal
4 months agoIsreal
4 months agoRuthann
5 months agoKerry
5 months agoHyun
5 months agoGwenn
5 months agoLaura
6 months agoLucina
6 months agoFausto
6 months agoNickie
7 months agoQuentin
7 months agoLauran
9 months agoNana
10 months agoMargot
11 months agoThurman
12 months agoAngelo
1 year agoBulah
1 year agoMargot
1 year agoJohnna
1 year agoShaquana
1 year agoFranchesca
1 year agoJohnna
1 year agoLeslee
1 year agoTatum
1 year agoCurtis
1 year agoWhitley
1 year agoGenevive
1 year agoMarquetta
2 years agoTiera
2 years agoChaya
2 years agoBeckie
2 years agoTijuana
2 years ago