CIMA Exam CIMAPRA19-F01-1 Topic 1 Question 95 Discussion

Actual exam question for CIMA's CIMAPRA19-F01-1 exam

Question #: 95
Topic #: 1

Which of the following would be found under the heading "other comprehensive income" in the statement of total comprehensive income?

AGain or loss on revaluation of a non-current asset

BIncome from investments

CDividends paid

DIncrease or decrease in provision for irrecoverable debts

Show Suggested Answer

Suggested Answer: A

by Brett at Aug 23, 2024, 08:57 PM

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Melinda

5 months ago

C - dividends paid? Really? That doesn't sound like it belongs under 'other comprehensive income' at all. What kind of exam is this anyway?

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Sharen

3 months ago

D) Increase or decrease in provision for irrecoverable debts

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Gaynell

3 months ago

I know, right? Dividends paid definitely doesn't belong there.

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Cheryl

4 months ago

B) Income from investments

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Darnell

4 months ago

A) Gain or loss on revaluation of a non-current asset

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Gilma

5 months ago

Ooh, this is a tricky one. I'm going to go with D - increase or decrease in provision for irrecoverable debts. It's not as obvious as the others, but it does seem to fit the description.

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Tawna

4 months ago

Yeah, I see your point. I'll stick with D) Increase or decrease in provision for irrecoverable debts too.

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Merlyn

4 months ago

I agree with you, I'll go with D) Increase or decrease in provision for irrecoverable debts.

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Aliza

4 months ago

I think it's A) Gain or loss on revaluation of a non-current asset.

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Joanne

4 months ago

D) Increase or decrease in provision for irrecoverable debts

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Gearldine

4 months ago

C) Dividends paid

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Kindra

4 months ago

B) Income from investments

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Lawanda

4 months ago

A) Gain or loss on revaluation of a non-current asset

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Maile

5 months ago

I believe Josephine is correct, income from investments can be part of other comprehensive income depending on the accounting treatment.

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Suzi

5 months ago

I'm going with B - income from investments. That seems like it would be a common item under 'other comprehensive income'.

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Micheal

4 months ago

I'm not sure about dividends paid or provision for irrecoverable debts though.

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Theron

4 months ago

True, that could also be found under 'other comprehensive income'.

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Dalene

4 months ago

I think it could also be gain or loss on revaluation of a non-current asset.

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Virgina

4 months ago

I agree, income from investments is a common item under 'other comprehensive income'.

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Shakira

4 months ago

D) Increase or decrease in provision for irrecoverable debts

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Terina

4 months ago

C) Dividends paid

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Louann

5 months ago

B) Income from investments

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Pedro

5 months ago

A) Gain or loss on revaluation of a non-current asset

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Josephine

5 months ago

I'm not sure about that, I think B) Income from investments could also be included in other comprehensive income.

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Lili

5 months ago

I agree with Felix, because gains or losses on revaluation of assets are usually included in other comprehensive income.

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Julio

6 months ago

Hmm, I'm pretty sure it's A - gain or loss on revaluation of a non-current asset. That's the only one that really fits the 'other comprehensive income' category.

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Sage

5 months ago

Yes, A) Gain or loss on revaluation of a non-current asset is the correct choice for that category.

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Tashia

6 months ago

I agree, that option seems to be the most appropriate for the 'other comprehensive income' category.

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Gerald

6 months ago

I think you're right, A) Gain or loss on revaluation of a non-current asset is typically found under other comprehensive income.

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Felix

6 months ago

I think A) Gain or loss on revaluation of a non-current asset would be found under other comprehensive income.

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