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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:
May 31, 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

GH's financial statements show the following:

  

What is the value of the dividend received from the associate to be included in GH's consolidated statement of cash flows for the year?

Give your answer to the nearest $000.

 $ ? 000

Options:

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Question 2

The tax benefit on a company's asset is £180,000 and the useful life on that asset is five years. The company creates a deferred tax provision to spread this benefit over the asset's useful life.

What entry is needed to reduce this deferred tax provision in the company's year two accounts?

Options:

A.

DR Deferred tax liability (SOFP) £36,000

B.

CR Deferred tax liability (SOFP) £36,000

C.

DR Corporation tax (income statement) £36,000

D.

CR Corporation tax (income statement) £36,000

E.

DR Deferred tax liability (SOFP) £144,000

F.

CR Deferred tax liability (SOFP) £144,000

G.

DR Corporation tax (income statement) £144,000

Question 3

Which TWO of the following are true for an entity raising equity finance using a rights issue rather than a placing of equity shares to new investors?

Options:

A.

The administration is more complex and therefore likely to be more costly.

B.

The shares will sell at a higher price and therefore generate more funds.

C.

The voting rights of existing shareholders will be unaffected if the shareholders take up their rights.

D.

The cost of underwriting will be lower because the risk of the issue is lower.

E.

The issue will widen the base of shareholders if all shareholders take up their rights.