CIMA F2 Advanced Financial Reporting F2 Question # 77 Topic 8 Discussion

CIMA F2 Advanced Financial Reporting F2 Question # 77 Topic 8 Discussion

F2 Exam Topic 8 Question 77 Discussion:
Question #: 77
Topic #: 8

Which of the following options provides a representation of how the non controlling interest in FG is measured in CD's consolidated statement of financial position at 31 December 20X8?


A.

• FV of NCI at acquisition; plus

• NCI's share of post acquisition reserves of FG; plus

• NCI's share of accumulated exchange differences arising on goodwill of FG.


B.

• FV of NCI at acquisition; plus

• NCI's share of post acquisition reserves of FG; plus

• NCI's share of exchange difference arising on goodwill of FG for the year.


C.

• FV of NCI at reporting date; plus

• NCI's share of post acquisition reserves of FG; plus

• NCI's share of exchange difference arising on goodwill of FG for the year.


D.

• FV of NCI at reporting date; plus

• NCI's share of group reserves; plus

• NCI's share of accumulated exchange differences arising on goodwill of FG.


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