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Sorry dear but I can’t remember what amount I got while calculating goodwill so sorry for that
@cadhakan no 464 is the right answer and 200 shouldn’t be charged to p&l
Hi actually I also put 464 only but I see some students told 664 but I didn’t put 664 option but I am not too sure my 464 answer is correct or not like I am little confused
@cadhakan what answer did you select for the question in section b in which it asked for which of the following are financial instruments?(something related to king co i guess)
@qazwed
Sry I didn’t remember.Do u remember any options for that qstn?. Than maybe I can answer for that qstn if I know options@cadhakan there were many options like either 1&2 is right 2&3 is right or all of them were right. These included one head office and a 5 percent investment and i forgot the third instrument.
@qazwed
Sry I think I didn’t get that qstn in exam I get qstn in Sec b about financial instruments but they ask financial liability What is the treatment like (fvtpl,FVOCI,amtzn). Which qstns u get in Sec c?.@cadhakan Yeah i too got that ques and i had consolidated sopl and a ratio one qhat about you?
Oh I also had same qstn one with goodwill and conso SOPL which is similar to past exam qstn and other I find quite tricky regarding calculation for ratios and also under time pressure when doing that qstn
Do u remember impairment reversal qstn in Sec b which had answers
4mill
0mill
3mill
1millWhat did u put do u know correct answer??
Ikr the ratio one was tricky and demanded time to solve it completely
I think for this one i had put 4 or 3 I don’t remember tbh what did you put?
Do you remember the amount of goodwill of Cospl in section c@qazwed
I think I put 3$million but this qstn was tricky. I can’t remember for goodwill in Sec c.What did u put in financial instruments qstn
Where they asked what should be charged to p/l
Answer is 464 or 664
U can see whole qstn in above threads which was written by other student
@cadhakan i put 464 what about you?
Ya me too I also put 464 I think now it’s correct so many students put 464 answer
@cadhakan hey did you have a ques where it asked about 2 statements in impairment whether they are true or false?
@qazwed u mean indicators of impairment?? In that we have to select two options ??
@cadhakan no not the indicators, it had asked I think which of the following would be impaired first goodwill or the affected asset first ?
I can’t remember that qstn about impairment in McQ I got impairment one qstn only which indicators of impairment and in Sec b reversal of impairment qstn
@cadhakan do you remember any more questions from section b ?
For section b I got financial instrument qstn and diluted eps calculation and also basic eps in that we have to calculate that I find easy and gaining marks and also I get intangible Assets qstn Where Some theory and some calculation but I can’t remember qstn perfectly
But I remember one qstn in section A where they ask For Govt grant that qstn u can see in the above threads what did u put ?? I think I put 4000$. I Guess that qstn is mine wrong
@cadhakan yeah me too i also put 4000 in government grant question I don’t know whether it is right or wrong.
@qazwed Hope to pass FR
Which paper u going to give in June?
Have u completed pm or fm?@cadhakan yeah i gave pm too what about you?
@qazwed
I haven’t completed pm but I will like to give fm in June2021 session. Pm will do later. How about u which paper u r sitting in June 2021?@cadhakan yeah i am also looking to give fm in june. Did you have any theory question in financial instrument topic from section b?
@qazwed no I don’t think so I get one qstn regarding PPE in that they asked which of the following should be capitalise or written off in p/l something like that I can’t remember options for that qstn
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