F7 CR Question Practice final.xlsx

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1、 CBE-style question practice for F7This spreadsheet contains constructed response question practice for the F7 examThis file should be used in conjunction with the interactive PDF provided which contains a topic-based index as well as Objective Test (OT) and OT Case questions.Each question contains

2、a scenario which relates to one or more requirement(s) which may be split over multiple tabs in this excel document.Important: 1. The format of questions in this pack mimic that of the live exams as far as is possible in this offline format, but with significant limitations in the formatting and oth

3、er functionality within the word processing and spreadsheet answer spaces. 2. To prepare for your exams and familiarise yourself with the functionality of the live exams, you must make use of the Specimen Exam and other support materials available at (http:/ 3. In the live exams, markers will give c

4、redit for workings as long as they are in the answer space. Markers will be able to see formulae in cells in spreadsheet answers, just as they can in answers saved in this question pack.Please save a copy of this excel document after you complete your answers for your future reference or if you are

5、going to submit your answers to your tutor for marking.This file should be used in conjunction with the interactive PDF provided which contains a topic-based index as well as Objective Test (OT) and OT Case questions.1. The format of questions in this pack mimic that of the live exams as far as is p

6、ossible in this offline format, but with significant limitations in the formatting and other functionality within the word processing and spreadsheet answer spaces. 2. To prepare for your exams and familiarise yourself with the functionality of the live exams, you must make use of the Specimen Exam

7、and other support materials available at (http:/ 3. In the live exams, markers will give credit for workings as long as they are in the answer space. Markers will be able to see formulae in cells in spreadsheet answers, just as they can in answers saved in this question pack.Please save a copy of th

8、is excel document after you complete your answers for your future reference or if you are going to submit your answers to your tutor for marking.1. The format of questions in this pack mimic that of the live exams as far as is possible in this offline format, but with significant limitations in the

9、formatting and other functionality within the word processing and spreadsheet answer spaces. 2. To prepare for your exams and familiarise yourself with the functionality of the live exams, you must make use of the Specimen Exam and other support materials available at (http:/ 3. In the live exams, m

10、arkers will give credit for workings as long as they are in the answer space. Markers will be able to see formulae in cells in spreadsheet answers, just as they can in answers saved in this question pack.Topic 4, Consolidated Financial Statements (I), Q.29The following scenario relates to 2 requirem

11、entsa) Prepare the consolidated statement of financial position for Pedantic as at 30 September 20X8.16 marksa) Prepare the consolidated statement of financial position for Pedantic as at 30 September 20X8.Topic 4, Consolidated Financial Statements (I), Q.29b) Comment on the importance that Pedantic

12、 should attach to Tradhats consolidated financial statements when deciding on whether to grant credit terms to Trilby.Double-click in the box to start typing answer and click OK if a message window appears.4 marksb) Comment on the importance that Pedantic should attach to Tradhats consolidated finan

13、cial statements when deciding on whether to grant credit terms to Trilby.Double-click in the box to start typing answer and click OK if a message window appears.Topic 5, Consolidated Financial Statements (II), Q.30The following scenario relates to 2 requirementsa) Calculate the goodwill arising on t

14、he acquisition of Greca (6 marks)b) Prepare the consolidated statement of profit or loss for Viagem for the year ended 30 September 20X2(14 marks)Prepare the consolidated statement of profit or loss for Viagem for the year ended 30 September 20X2Topic 8, Financial Statements Q42The following scenari

15、o relates to 2 requirementsa) Prepare the statement of profit or loss and other comprehensive income for Fresco for the year ended 31 March 20X2 (8 marks)b) Prepare the statement of financial position of Fresco as at 31 March 20X2(12 marks)a) Prepare the statement of profit or loss and other compreh

16、ensive income for Fresco for the year ended 31 March 20X2 (8 marks)Topic 9 Interpretation of Financial Statements, Q.43The following scenario relates to 3 requirements(a) Calculate the ratios in (iii) above for Woodbank for the year ended 31 March 20X4 (5 Marks)(b) Calculate for the year ended 31 Ma

17、rch 20X4 equivalent ratios to the first FOUR only for Woodbank including the effects of the purchase of Shaw (4 Marks)(c) Assess the comparative financial performance and position of Woodbank for the year ended 31 March 20X4. Your answer should refer to the effects of the purchase of Shaw. (11 Marks

18、)Double-click in the box to start typing answer and click OK if a message window appears.(a) Calculate the ratios in (iii) above for Woodbank for the year ended 31 March 20X4 (5 Marks)Calculate for the year ended 31 March 20X4 equivalent ratios to the first FOUR only for Woodbank including the effec

19、ts of the purchase of Shaw (4 Marks)(c) Assess the comparative financial performance and position of Woodbank for the year ended 31 March 20X4. Your answer should refer to the effects of the purchase of Shaw. Double-click in the box to start typing answer and click OK if a message window appears.Top

20、ic 10 Statements of cash flows, inflation and specialised entities Q.44The following scenario relates to 2 requirementsa) Prepare a statement of cash flows for Dickson in accordance with IAS 7 using the indirect methodb) Prepare (additionally) net cash from operating activities using the direct method.20 marksa) Prepare a statement of cash flows for Dickson in accordance with IAS 7 using the indirect methodPrepare (additionally) net cash from operating activities using the direct method.