Professional Level – Essentials Module Paper P2 (INT)
Professional Level Essentials ModuleTime allowed: 3 hours 15 minutesThis question Paper is divided into two sections:Section A This ONE question is compulsory and MUST be attemptedSection B TWO questions ONLY to be attemptedDo NOT open this question Paper until instructed by the question Paper must not be removed from the examination P2 (INT)Corporate Reporting(International)September/Decemb er 2016 Sample QuestionsThe Association ofChartered CertifiedAccountantsSection A THIS ONE question is compulsory and MUST be attempted1The following draft financial statements relate to Zippy, a public limited company. Zippy is a manufacturing companybut also has a wide portfolio of investment properties. Zippy has investments in Ginny and Boo, both public statements of profit or loss and other comprehensive income for the year ended 30 June 2016ZippyGinnyBoo$m$m$mRevenue42013290Co st of sales(304)(76)(72) Gross profit1165618Investment income42195Administrative costs(22)(12)(18)Other expenses(34)(18)(15) Operating profit10245(10)Net finance costs(2)(6)(9) Profit before tax10039(19)Income tax expense(30)(7)3 Profit for the year7032(16)
Professional Level – Essentials Module Time allowed: 3 hours 15 minutes This question paper is divided into two sections: Section A – This ONE question is compulsory and MUST be attempted
Download Professional Level – Essentials Module Paper P2 (INT)
Information
Domain:
Source:
Link to this page:
Please notify us if you found a problem with this document: