100%合格、売れ筋最上位F1試験材料は2024年最新のCIMA練習試験合格させます [Q117-Q139]

100%合格、売れ筋最上位F1試験材料は2024年最新のCIMA練習試験合格させます

CIMA Certification問題集でF1試験完全版問題、試験学習ガイド

CIMA F1試験は、CIMAの専門資格の基本的な試験の1つです。学生に、財務報告の基本原則と、実際のシナリオでそれらを適用する方法を理解することを目指しています。この試験では、財務諸表、会計概念と原則、財務分析などのトピックについて説明します。この試験は、財務報告の強固な基盤を提供するため、金融または会計のキャリアに興味がある人にとって重要です。

質問 # 117
Country X levies a duty on alcoholic drinks. Where the alcohol content is above 40% by volume the duty levied is $5 per 1 litre bottle.
What type of tax is this duty?

A. Single-stage sales tax
B. Direct tax
C. Ad valorem tax
D. Specific unit tax

正解：D

質問 # 118

正解：

解説：

質問 # 119
Which of the following is NOT a primary need for regulating financial reporting information of incorporated entities?

A. To ensure that information is consistent with its legal form.
B. To improve the reliability of information for users.
C. To make information more comparable.
D. To make information more consistent.

正解：A

質問 # 120
What is the correct classification of a 90-day government bond?

正解：

解説：

質問 # 121
Whilst undertaking an external audit, the auditor has identified that there is insufficient evidence to support the financial statements.
As a result the auditors consider these financial statements to be wholly unreliable for decision making purposes.
This will result in a modified audit report with the opinion being .

正解：

解説：

質問 # 122
The statement of profit or loss for PQ, ST and AB for the year ended 31 December 20X0 are shown below:

1. PQ acquired 80% of its subsidiary, ST, on 1 January 20X0 and 40% of its associate, AB, on 1 September
20X0.
2. Since acquistion PQ has sold goods to ST and AB for $20,000 and $30,000 respectively. At the year end both ST and AB have 50% of these goods remaining in inventory. PQ uses a mark-up of 20% on all of its sales.
3. Since acquisition the goodwill in respect of ST has been impaired by $8,000 and the investment in AB has been impaired by $2,000.
4. PQ uses the fair value method for non-controlling interest at acquisition.
What is the revenue figure to be included in PQ's consolidated statement of profit or loss for the year ended 31 December 20X0?

A. $476,000
B. $450,000
C. $440,000
D. $480,000

正解：D

質問 # 123
JKL prepares its financial statements to 31 December each year. For the year ended 31 December 20X5 inventory was held for 76 days on average.
The directors of JKL decide to reduce the average inventory level to $6.5 million from 1 January 20X6 JKL's revenue for 20X6 is $54 million on which a gross profit margin of 20% is earned.
Assuming that the average receivables and payables days remain constant what will be the effect of the expected reduction in inventory on JKL's working capital cycle for the year ended 31 December 20X6?

A. A reduction of 32 days
B. An increase of 32 days
C. An increase of 21 days
D. A reduction of 21 days

正解：C

質問 # 124
Country A permits the following deductions in an entity's annual corporate income tax return in relation to entertaining expenses and gifts;
1 Employee entertaining up to a value of $150 a head
2 Entertaining of overseas customers.
3 Individual gifts not to exceed $10 in value
Which THREE of the following actions would be regarded as tax evasion?

A. Split any gifts made so that any gift does not exceed $10 on an individual basis.
B. Record customers who do not meet the overseas criteria as overseas customers.
C. Deduct all entertaining expenses without any analysis of what the entertaining relates to.
D. Delay the next entertainment event for staff until the next financial year so that the $150 limit is not breached.
E. Inflate the number of employees that are recorded as being entertained so that the overall employee entertainment bill falls below $150 a head.
F. Ensure that employees reimburse their employers for any entertaining incurred which exceeds the $150 a head limit

正解：C

質問 # 125
Which TWO of the following would improve a company's short term cash flow position?

A. Increasing the working capital cycle by making payments to suppliers early
B. Taking advantage of bulk discounts offered on inventory purchases
C. Reducing levels of inventory by implementing a just in time system for purchasing
D. Postponing non essential capital expenditure
E. Paying a bonus to staff for exceptional performance

正解：C、D

質問 # 126
EF purchased an asset on 1 September 20X4 for $800,000, exclusive of import duties of $30,000. EF is resident in country Y where indexation is allowed on purchase costs when the asset is disposed of.
EF sold the asset on 31 August 20X9 for $1,500,000 incurring transaction charges of $20,000. The indexation factor increased by 40% in the period from 1 September 20X4 to 31 August 20X9.
Capital gains are taxed at 30%.
What is the tax due on disposal of the asset?

A. $95,400
B. $101,400
C. $108,000
D. $102,600

正解：A

質問 # 127
An entity had a current tax liability of $187,000 in its statement of financial position as at 30 September
20X5. It was subsequently negotiated and eventually agreed with the tax authorities that the entity would pay $192,000 and this was paid on 6 January 20X6.
The entity's management estimate that the tax due on profits for the year to 30 September 20X6 is
$231,000.
Calculate the entity's corporate income tax expense included in its statement of profit or loss for the year ended 30 September 20X6.
Give your answer to the nearest whole $000.

正解：

解説：
$236000

質問 # 128
What does the exemption method of giving double taxation relief mean?

A. The countries agree on certain types of income which will be exempt or partially exempt in one country or the other.
B. The countries agree that all types of income will be exempt or partially exempt in one country or the other.
C. The countries agree on certain types of income which will be exempt or partially exempt in both countries.
D. The countries agree that all types of income will be exempt or partially exempt in both countries.

正解：A

質問 # 129
Statements of financial position for FG, IJ and KL at 31 December 20X5 include the following balances:

FG acquired 90% of IJ's equity shares for $358,000 on 1 July 20X5 when IJ's retained earnings were
$98,000.
FG acquired 100% of KL's equity shares for $360,000 on 1 January 20X5 when KL's retained earnings were $155,000.
FG used the proportion of net assets method to value non-controlling interests at acquisition.
KL sold a piece of land to FG for $130,000 on 1 September 20X5. At the date of transfer the land had a carrying value of $50,000.
The management of FG expect KL to make profits in the future and no impairment ot its goodwill was proposed at 31 December 20X5.
Calculate the value of property, plant and equipment to be recognized in FG's consolidated statement of financial position at 31 December 20X5.
Give your answer to the nearest whole $.

正解：

解説：
$1180000

質問 # 130
Which of the following is the main purpose of corporate governance regulation?

A. To ensure that shareholder wealth is maximized.
B. To ensure that financial reports are produced on a regular basis and in line with relevant regulations.
C. To protect the interests of shareholders in a quoted entity.
D. To guarantee that corporate scandals do not happen in the future.

正解：C

質問 # 131

正解：

解説：

質問 # 132
The following information relates to AA.
Extract of Trial Balance at 31 December 20X4;

Notes
(i) Inventory at 31 December 20X4 was valued at cost at $30.
(ii) The loan which was received on 1 July 20X4 is repayable in 20X9.
(iii) Corporate income tax represents an over-provision of tax for the year ended 31 December 20X3. AA reported a loss for tax purposes for the year ended 31 December 20X4 and a tax refund is expected amounting to $20.
(iv) Cost of sales, administration and distribution costs need to be adjusted for the following:
Calculate gross profit for the year ended 31 December 20X4.
Give your answer as a whole $.

正解：

解説：
$327

質問 # 133
You work in the finance department of an entity. A director has approached you and asked you to falsify sales invoices which would significantly inflate revenue. The CIMA Code of Ethics suggests that you should deal with such an ethical dilemma by following a number of stages.
Place each of the stages identified below into chronological order.

正解：

解説：

質問 # 134
Which of the following is NOT a feature of a multi-stage sales tax?

A. Credit may not be allowed for taxes paid on sales within the chain from manufacturer through to retailer.
B. Tax is applied at the retail level only and not at production level.
C. Tax is charged each time a product is sold in the chain from manufacturer through to retailer.
D. The entire tax burden is usually passed to the final consumer.

正解：B

質問 # 135

正解：

解説：

質問 # 136
Statements of financial position for YZ, BC and DE at 31 March 20X2 include the following balances:

YZ purchased 90% of BC's equity shares for $508,000 on 1 January 20X2. On 1 January 20X2 BC's retained earnings were $183,000. YZ uses the proportion of net assets method to value non-controlling interest at acquisition.
YZ purchased 30% of DE's equity shares on 1 April 20X1 for $112,000. DE's retained earnings at 1 April
20X1 were $88,000.
On 1 February 20X2 YZ sold goods to BC for $28,000 at a mark up of 25% on cost. All the goods were still in BC's inventory at 31 March 20X2.
Calculate the value of inventory that will be included in YZ's consolidated statement of financial position at 31 March 20X2.
Give your answer to the nearest whole $.

正解：

解説：
$182400

質問 # 137
An asset has the following values:

If the asset was sold for its fair value, selling costs of $1,500 would be incurred.
Which of the following is the value of the impairment loss to be recognised for this asset in accordance with IAS 36 Impairment of Assets?

A. $2,000
B. $1,200
C. $300
D. $0

正解：B

質問 # 138
An entity has a working capital cycle of 120 days which has been calculated in part from the following data:

What is the stock holding period on the basis of 365 days in a year?
Give your answer to the nearest whole day.