Today we have a question relating to the new 2019 syllabus for F1.
The question was:
An organisation preparing its financial statements to IFRS must state this in the notes, but can only do so if they are fully compliant with which of the following:
This question relates to ‘B: Financial Statements’ and is a slightly different version of the question in one of our free mock exams.
The correct answers were…
International Financial Reporting Standards,
International Accounting Standards, and
SIC Interpretations
The financial statements must comply with all but the company law.
For more free questions use our Free CIMA Mock Exams for the 2019 syllabus use the menu above to access our little shop, at the same time you’ll have the option to upgrade to our + package which includes 50% more CIMA Mock Exam style questions, feedback and both revision and timed assessment modes plus much more.