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CIMA F2 Exam With Confidence Using Practice Dumps

Exam Code:
F2
Exam Name:
F2 Advanced Financial Reporting
Certification:
Vendor:
Questions:
268
Last Updated:
Jul 6, 2026
Exam Status:
Stable
CIMA F2

F2: CIMA Management Exam 2025 Study Guide Pdf and Test Engine

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F2 Advanced Financial Reporting Questions and Answers

Question 1

Which of the following is a related party according to the definition of a related party in IAS24 Related Party Disclosures?

Options:

A.

Major customer

B.

Provider of finance

C.

Managing Director

D.

Major supplier

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Question 2

LM is preparing its consolidated financial statements for the year ended 30 April 20X5. During the year LM acquired 30% of the equity shares of AB giving it significant influence over AB.

LM conducted ratio analysis comparing the financial performance of the group for 30 April 20X4 and 20X5.

Which of the following ratios would not be comparable as a result of the acquisition of AB? 

Options:

A.

Operating profit margin.

B.

Return on capital employed.

C.

Earnings per share.

D.

Interest cover.

Question 3

Which of the following principles are the basic principles followed by the consolidated income statement?

Select ALL that apply.

Options:

A.

Include all of the parent's income and expenses plus all of the subsidiaries' income and expenses

B.

Ignore investment income from subsidiary to parent (e.g. dividend payments or loan interest)

C.

After profit for the period, show the profit split between amounts attributable to the parent's shareholders and other shareholders

D.

Include all of the parent's income and expenses minus all of the subsidiaries' income and expenses

E.

Include investment income from subsidiary to parent (e.g. dividend payments or loan interest)