Free CIMA CIMAPRA19-F02-1-ENG Practice Exam Questions and Answers 2026

If you were asked to express the overall performance of an entityas a percentage of its total investment in net assets which of the following ratios would you calculate?

LM has made the following share purchases during the year:* Purchased 55% of the equity share capital of OP.* Purchased 45% of the equity share capital of QR.LM have the power to appoint the majority of board members on the QR board.* Purchased 30% of the equity share capital of ST. LM is represented by one director on the main board of ST which has five members in total. The other 70% of ST's equity share capital is owned by a single company, UV.The Managing Director has told you that OP has performed well, but both QR and ST have not performed as expected. He is therefore pleased thatOP will be included as a subsidiaryand that QR and ST will only be included as investments in the group financial statements.In accordance with the ethical principle of professional competence and due care how should the investments in OP, QR and ST be treated in the group financial statements?

Which of the following best describes the goal of WACC as a measure?

What is the total comprehensive incomeattributable to the shareholders of GHI that will be presented in GHI's consolidated statement of changes in equity for the year ended 31 December 20X4?

Information from the financial statements of RST for the year ended 30 April 20X9 is as follows:At 30 April 20X9 the ordinary shares are trading at $4.75.What is the price earnings (P/E) ratio for RST at 30 April 20X9?