[Monic]

The problem as usual is time!!! I wish you could either give more time or less questions.
First of all, the reading time is not enough. During that time you can only read and internalize one number!
Q. 3 I was prepared for a Statement of Cash-flow, but to my disappointment, I found ratio analysis!
I can’t imagine what the score will be.

Monic

[Monic]

Thank you Mike.

[Monic]

Hi,
My concern is on the Statement of Profit or Loss and Other Comprehensive Income (IAS 1 revised), under Other Comprehensive Income, what is meant by that term ‘Items that will not be classified to profit or loss’?

Thank you in advance.
Monic

[Monic]

This paper was very hard, the consolidation I revised, I thought I would handle No. 1. but the way it was set, the deferred consideration given in a tricky way.
Then as for Qn. 5, I didn’t know where to start, yet I had wanted to start with 4 & 5!
May God help me out!!

[Author]

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