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CIMA Exam CIMAPRA19-F02-1 Topic 1 Question 14 Discussion
Actual exam question for
CIMA's
CIMAPRA19-F02-1 exam
Question #: 14
Topic #: 1
[All CIMAPRA19-F02-1 Questions]
Topic #: 1
A group presents its financial statements in A$.
The goodwill of its only foreign subsidiary was measured at B$100,000 at acquisition. There have been no impairments to this goodwill.
Exchange rates (where A$/B$ is the number of B$'s to each A$) are as follows:
The value of goodwill to be included in the group's statement of financial position in respect of its foreign subsidiary for the year ended 31 December 20X4 is:
Suggested Answer:
A
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