Big Black Friday Sale 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: save70

F2 Exam Dumps : F2 Advanced Financial Reporting

PDF
F2 pdf
 Real Exam Questions and Answer
 Last Update: Nov 30, 2025
 Question and Answers: 268
 Compatible with all Devices
 Printable Format
 100% Pass Guaranteed
$59.7  $199
F2 exam
PDF + Testing Engine
F2 PDF + engine
 Both PDF & Practice Software
 Last Update: Nov 30, 2025
 Question and Answers: 268
 Discount Offer
 Download Free Demo
 24/7 Customer Support
$74.7  $249
Testing Engine
F2 Engine
 Desktop Based Application
 Last Update: Nov 30, 2025
 Question and Answers: 268
 Create Multiple Test Sets
 Questions Regularly Updated
  90 Days Free Updates
  Windows and Mac Compatible
$67.5  $225

Verified By IT Certified Experts

CertsTopics.com Certified Safe Files

Up-To-Date Exam Study Material

99.5% High Success Pass Rate

100% Accurate Answers

Instant Downloads

Exam Questions And Answers PDF

Try Demo Before You Buy

Certification Exams with Helpful Questions And Answers

F2 Advanced Financial Reporting Questions and Answers

Question 1

KL acquired 75% of the equity share capital of MN on 1 January 20X8. The group's policy is to value non-controlling interest at fair value at the date of acquisition. MN acquired 60% of the equity share capital of PQ on 1 January 20X9 for $360 million.

At 1 January 20X9 the fair value of the non-controlling interest in PQ was $220 million and the fair value of the net assets of PQ at 1 January 20X9 were $320 million.

Calculate the goodwill arising on the acquisition of PQ at 1 January 20X9.

Give your answer to the nearest million.

$  ?   million

Options:

Buy Now
Question 2

The consolidated statement of profit or loss for VW for the year ended 30 September 20X7 includes the following:

  

What is VW's interest cover for the year ended 30 September 20X7?

Options:

A.

4.5

B.

3.3

C.

4.1

D.

5.1

Question 3

GH issued a 6% debenture for $1,000,000 on 1 January 20X4.  A broker fee of $50,000 was payable in respect of this issue.  The effective interest rate associated with this debt instrument is 7.2%.

The carrying value of the debenture at 31 December 20X4 is:

Options:

A.

$958,400

B.

$1,065,600

C.

$1,012,000

D.

$961,400