CIMA Exam CIMAPRA19-F02-1 Topic 1 Question 62 Discussion

Actual exam question for CIMA's CIMAPRA19-F02-1 exam

Question #: 62
Topic #: 1

Which TWO of the following would be the primary disadvantages of producing the disclosures required in IFRS12 Disclosure of Interests in Other Entities?

AThe users of the financial statements may feel overburdened with information.

BThe disclosures take time and therefore incur costs which erodes shareholder value.

CThe disclosures will give competitors commercially sensitive information.

DThe disclosures will highlight the risks associated with interests in other entities.

EThe auditors will have to audit these disclosures.

Show Suggested Answer

Suggested Answer: A, B

by Van at Dec 12, 2022, 04:57 PM

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