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OP MCQ Practice Chp12 Leases & Chp19 EPS

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › OP MCQ Practice Chp12 Leases & Chp19 EPS

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    Posts
  • June 8, 2021 at 11:08 pm #624038
    Sun
    Member
    • Topics: 27
    • Replies: 9
    • ☆

    Hi Sir,
    Pls help with the questions below from OP MCQ practice Chp12 Leases & Chp19 EPS
    https://opentuition.com/acca/fr/acca-fr-chapter-12-leases-ifrs-16-questions/

    Chp12 Leases
    Q1: Why the Question says the “Fair Price on Asset was $380,000?
    I remember we should calculate PV of cashflow received for Lease Liability and Right of the Asset?

    Chp19 EPS
    Q1: the questions says on “15 Aug 2014” A plc made 1 for 3 Bonus Issue followed on….
    Why don’t we calculate the period from mid of month 15 Aug 2014-1 Oct 2014?
    Why we just ignore the 15 Aug 2014 and set the period for Bonus Issue from 1May-1Oct 2014?

    Q3: Why do we need to multiply Bonus Fraction 7/5 for period 1 Jan-1Mar?

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