CIMA Exam CIMAPRA19-F01-1 Topic 2 Question 33 Discussion

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

Question #: 33
Topic #: 2

WX is considering an investment in ST.

At 31 December 20X2 ST had the following balances in its statement of financial position:

Which of the following would cause ST to become an associate investment of WX?

AWX purchases 15,000 of ST's $1 equity shares and 20,000 of ST's $1 preference shares.

BWX purchases 25,000 of ST's $1 equity shares.

CWX purchases 75,000 of ST's $1 equity shares.

DWX purchases 50,000 of ST's $1 preference shares.

Show Suggested Answer

Suggested Answer: B

by Carma at May 04, 2022, 09:57 PM

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