CIMA Exam CIMAPRA19-F01-1 Topic 2 Question 67 Discussion

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

Question #: 67
Topic #: 2

Which of the following would NOT be classified as part of non-current assets in a statement of financial position?

AThe interest paid on a loan raised to fund the construction of a factory, where that factory is still not ready for its intended use.

BA property held as an investment which is let to tenants.

CThe goodwill arising on the acquisition of a subsidiary.

DAssets held for sale, classified in accordance with IFRS 5 Non-current Assets Held for Sales and Discontinued Operations.

Show Suggested Answer

Suggested Answer: D

by Colette at Mar 20, 2023, 09:36 AM

Limited Time Offer

25%

Off

Contribute your Thoughts:

Submit Cancel

Currently there are no comments in this discussion, be the first to comment!