CIMA Exam CIMAPRA19-F01-1 Topic 2 Question 102 Discussion

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

Question #: 102
Topic #: 2

The following information is extracted from OO's statement of financial position at 31 March:

Included in other payables is interest payable of $80,000 at 31 March 20X2 and $73,000 at 31 March 20X1.

The following information if included within OO's statement of profit or loss for the year ended 31 March 20X2:

Included within finance cost is $124,000 which relates to interest paid on a finance lease. 00 includes finance lease interest within financing activities on its statement of cash flows.________________

Within OO's statement of cash flow for the year ended 31 March 20X2 which figures should be included to reflect the changes in working capital within the net cash flow from operating activities?

AOption A

BOption B

COption C

DOption D

Show Suggested Answer

Suggested Answer: C

by Emile at Oct 20, 2024, 03:00 PM

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Amos

23 days ago

Option D all the way! Who needs working capital changes when you've got a sweet finance lease to play around with? That's where the real action is, am I right?

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Keneth

26 days ago

Hmm, this is a tough one. I think I'll go with Option C. It's got the interest payable figure, which seems important, and the finance lease interest. Seems like the most complete answer to me.

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1 months ago

Option A looks like the correct answer to me. The question is asking about changes in working capital, and Option A includes the relevant figures from the statement of financial position and statement of profit or loss.

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