Exam F2 Topic 1 Question 4 Discussion

Actual exam question for CIMA's F2 exam
Question #: 4
Topic #: 1
A group presents its financial statements in A$.
The goodwill of its only foreign subsidiary was measured at B$100,000 at acquisition. There have been no impairments to this goodwill.
Exchange rates (where A$/B$ is the number of B$'s to each A$) are as follows:

The value of goodwill to be included in the group's statement of financial position in respect of its foreign subsidiary for the year ended 31 December 20X4 is:

Suggested Answer: D Vote an answer

by Christopher at Feb 10, 2024, 11:04 AM

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