CFA考试二级模拟试题精选0401-21（附详解）

CFA考试二级模拟试题精选0401-21（附详解）

CFA考试二级模拟试题精选0401-21(附详解）

1、【单选题】

A.2

B.1

C.3

正确答案:A

答案解析:A is correct. Both IFRS and US GAAP prohibit the reversal of impairment losses recognized using the equity method, even if the fair value later increases. Under the equity method goodwill is included in the value of the investment and is not tested separately. Impairment losses exceeding goodwill are allocated pro-rata to the unit’s non-cash assets when the investor has control over the investee, not under the equity method.

2、The balance sheet carrying value of Confabulated’s investment portfolio (in € thousands) at 31 December 2009 is closest to:【单选题】

A.112,000.

B.115,000.

C.118,000.

正确答案:C

答案解析:C is correct. Held for trading and available-for-sale securities are carried at market value, whereas held-to-maturity securities are carried at historical co st. €28,000 + 40,000 + 50,000 = €118,000.

3、Based on the analysts’ sales and expense forecasts and the data in Exhibit 1, their forecasted net profit for Darwin in 2016 will be closest to:【单选题】

A.€861 million.

B.€853 million.

C.€827 million.

正确答案:C

答案解析:A is correct.

4、Based on Ohalin’s estimates, the amount of joint venture revenue (in $ millions) included on BetterCare’s consolidated 2010 f inancial statements should be closest to:【单选题】

A.$0.

B.$715.

C.$1,430.

正确答案:A

答案解析:A is correct. Under the equity met hod, BetterCare would record its interest in the joint venture’s net profit as a single line item, but would show no line-by-line contribution to revenues or expenses.

5、For this question only, assume that Iron Parts reports under IFRS. The amount of periodic pension cost reported on P&L would be closest to:【单选题】

A.$48 million.