CIMA Exam CIMAPRA19-F01-1 Topic 4 Question 13 Discussion

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

Question #: 13
Topic #: 4

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 Gracia at May 06, 2022, 08:02 AM

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