{"id":125525,"date":"2026-05-05T06:55:21","date_gmt":"2026-05-05T06:55:21","guid":{"rendered":"https:\/\/www.dumpsbase.com\/freedumps\/?p=125525"},"modified":"2026-05-05T06:55:24","modified_gmt":"2026-05-05T06:55:24","slug":"continue-to-read-cpa-financial-free-dumps-part-2-q41-q60-of-v8-02-check-cpa-financial-exam-questions-before-downloading","status":"publish","type":"post","link":"https:\/\/www.dumpsbase.com\/freedumps\/continue-to-read-cpa-financial-free-dumps-part-2-q41-q60-of-v8-02-check-cpa-financial-exam-questions-before-downloading.html","title":{"rendered":"Continue to Read CPA-Financial Free Dumps (Part 2, Q41-Q60) of V8.02 &#8211; Check CPA-Financial Exam Questions Before Downloading"},"content":{"rendered":"\n<p>We have introduced the CPA Financial Accounting and Reporting (FAR) section in my previous post and shared the <strong><em><a href=\"https:\/\/www.dumpsbase.com\/freedumps\/cpa-financial-dumps-v8-02-for-cpa-financial-accounting-and-reporting-exam-preparation-check-cpa-financial-free-dumps-part-1-q1-q40-today.html\">CPA-Financial free dumps (Part 1, Q1-Q40) of V8.02<\/a><\/em><\/strong> with all of you. You may know the CPA-Financial exam and have checked the free demos already. From these demos, you may have found that the CPA-Financial dumps (V8.02) contain high-quality exam questions, which are essential for mastering the FAR exam concepts efficiently. By practicing these CPA-Financial exam questions, you understand the exam objectives, practice the well-structured questions, and gain detailed explanations. Most professionals felt that only 40 demo questions are not enough; they are asking for more. So we will continue to share the CPA-Financial free dumps today, helping you decide to download the CPA-Financial dumps (V8.02).<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Below are the CPA-Financial free dumps (Part 2, Q41-Q60) of V8.02:<\/h2>\n\n\n<script>\n\t  window.fbAsyncInit = function() {\n\t    FB.init({\n\t      appId            : '622169541470367',\n\t      autoLogAppEvents : true,\n\t      xfbml            : true,\n\t      version          : 'v3.1'\n\t    });\n\t  };\n\t\n\t  (function(d, s, id){\n\t     var js, fjs = d.getElementsByTagName(s)[0];\n\t     if (d.getElementById(id)) {return;}\n\t     js = d.createElement(s); js.id = id;\n\t     js.src = \"https:\/\/connect.facebook.net\/en_US\/sdk.js\";\n\t     fjs.parentNode.insertBefore(js, fjs);\n\t   }(document, 'script', 'facebook-jssdk'));\n\t<\/script><script type=\"text\/javascript\" >\ndocument.addEventListener(\"DOMContentLoaded\", function(event) { \nif(!window.jQuery) alert(\"The important jQuery library is not properly loaded in your site. Your WordPress theme is probably missing the essential wp_head() call. You can switch to another theme and you will see that the plugin works fine and this notice disappears. If you are still not sure what to do you can contact us for help.\");\n});\n<\/script>  \n  \n<div  id=\"watupro_quiz\" class=\"quiz-area single-page-quiz\">\n<p id=\"submittingExam12013\" style=\"display:none;text-align:center;\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.dumpsbase.com\/freedumps\/wp-content\/plugins\/watupro\/img\/loading.gif\" width=\"16\" height=\"16\"><\/p>\n\n<div class=\"watupro-exam-description\" id=\"description-quiz-12013\"><\/div>\n\n<form action=\"\" method=\"post\" class=\"quiz-form\" id=\"quiz-12013\"  enctype=\"multipart\/form-data\" >\n<div class='watu-question ' id='question-1' style=';'><div id='questionWrap-1'  class='   watupro-question-id-470186'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>1. <\/span>According to the FASB conceptual framework, the objectives of financial reporting for business enterprises are based on:<\/div><input type='hidden' name='question_id[]' id='qID_1' value='470186' \/><input type='hidden' id='answerType470186' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470186[]' id='answer-id-1817623' class='answer   answerof-470186 ' value='1817623'   \/><label for='answer-id-1817623' id='answer-label-1817623' class=' answer'><span>Generally accepted accounting principles.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470186[]' id='answer-id-1817624' class='answer   answerof-470186 ' value='1817624'   \/><label for='answer-id-1817624' id='answer-label-1817624' class=' answer'><span>Reporting on management's stewardship.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470186[]' id='answer-id-1817625' class='answer   answerof-470186 ' value='1817625'   \/><label for='answer-id-1817625' id='answer-label-1817625' class=' answer'><span>The need for conservatism.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470186[]' id='answer-id-1817626' class='answer   answerof-470186 ' value='1817626'   \/><label for='answer-id-1817626' id='answer-label-1817626' class=' answer'><span>The needs of the users of the information.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-2' style=';'><div id='questionWrap-2'  class='   watupro-question-id-470187'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>2. <\/span>According to the FASB conceptual framework, which of the following situations violates the concept of reliability?<\/div><input type='hidden' name='question_id[]' id='qID_2' value='470187' \/><input type='hidden' id='answerType470187' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470187[]' id='answer-id-1817627' class='answer   answerof-470187 ' value='1817627'   \/><label for='answer-id-1817627' id='answer-label-1817627' class=' answer'><span>Data on segments having the same expected risks and growth rates are reported to analysts estimating future profits.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470187[]' id='answer-id-1817628' class='answer   answerof-470187 ' value='1817628'   \/><label for='answer-id-1817628' id='answer-label-1817628' class=' answer'><span>Financial statements are issued nine months late.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470187[]' id='answer-id-1817629' class='answer   answerof-470187 ' value='1817629'   \/><label for='answer-id-1817629' id='answer-label-1817629' class=' answer'><span>Management reports to stockholders regularly refer to new projects undertaken, but the financial statements never report project results.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470187[]' id='answer-id-1817630' class='answer   answerof-470187 ' value='1817630'   \/><label for='answer-id-1817630' id='answer-label-1817630' class=' answer'><span>Financial statements include property with a carrying amount increased to management's estimate of market value.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-3' style=';'><div id='questionWrap-3'  class='   watupro-question-id-470188'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>3. <\/span>How should the effect of a change in accounting principle that is inseparable from the effect of a change in accounting estimate be reported?<\/div><input type='hidden' name='question_id[]' id='qID_3' value='470188' \/><input type='hidden' id='answerType470188' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470188[]' id='answer-id-1817631' class='answer   answerof-470188 ' value='1817631'   \/><label for='answer-id-1817631' id='answer-label-1817631' class=' answer'><span>As a component of income from continuing operations.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470188[]' id='answer-id-1817632' class='answer   answerof-470188 ' value='1817632'   \/><label for='answer-id-1817632' id='answer-label-1817632' class=' answer'><span>By restating the financial statements of all prior periods presented.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470188[]' id='answer-id-1817633' class='answer   answerof-470188 ' value='1817633'   \/><label for='answer-id-1817633' id='answer-label-1817633' class=' answer'><span>As a correction of an error.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470188[]' id='answer-id-1817634' class='answer   answerof-470188 ' value='1817634'   \/><label for='answer-id-1817634' id='answer-label-1817634' class=' answer'><span>By footnote disclosure only.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-4' style=';'><div id='questionWrap-4'  class='   watupro-question-id-470189'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>4. <\/span>During 1994, Orca Corp. decided to change from the FIFO method of inventory valuation to the weighted average method. Inventory balances under each method were as follows: <br \/>\r<br><br><img decoding=\"async\" width=391 height=52 id=\"\u56fe\u7247 66\" src=\"https:\/\/www.dumpsbase.com\/freedumps\/wp-content\/uploads\/2026\/04\/image002-9.jpg\"><br><br \/>\r<br>Orca's income tax rate is 30%. <br \/>\r<br>Orca should report the cumulative effect of this accounting change as a(n):<\/div><input type='hidden' name='question_id[]' id='qID_4' value='470189' \/><input type='hidden' id='answerType470189' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470189[]' id='answer-id-1817635' class='answer   answerof-470189 ' value='1817635'   \/><label for='answer-id-1817635' id='answer-label-1817635' class=' answer'><span>Adjustment to beginning retained earnings.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470189[]' id='answer-id-1817636' class='answer   answerof-470189 ' value='1817636'   \/><label for='answer-id-1817636' id='answer-label-1817636' class=' answer'><span>Component of income from continuing operations.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470189[]' id='answer-id-1817637' class='answer   answerof-470189 ' value='1817637'   \/><label for='answer-id-1817637' id='answer-label-1817637' class=' answer'><span>Extraordinary item.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470189[]' id='answer-id-1817638' class='answer   answerof-470189 ' value='1817638'   \/><label for='answer-id-1817638' id='answer-label-1817638' class=' answer'><span>Component of income after extraordinary items.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-5' style=';'><div id='questionWrap-5'  class='   watupro-question-id-470190'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>5. <\/span>On January 2, 20X5, to better reflect the variable use of its only machine, Holly, Inc. elected to change its method of depreciation from the straight-line method to the units of production method. The original cost of the machine on January 2, 20X3, was $50,000, and its estimated life was 10 years. Holly estimates that the machine's total life is 50,000 machine hours. Machine hours usage was 8,500 during 20X4 and 3,500 during 20X3. <br \/>\r<br>Holly's income tax rate is 30%. Holly should report the accounting change in its 20X5 financial statements as a(n):<\/div><input type='hidden' name='question_id[]' id='qID_5' value='470190' \/><input type='hidden' id='answerType470190' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470190[]' id='answer-id-1817639' class='answer   answerof-470190 ' value='1817639'   \/><label for='answer-id-1817639' id='answer-label-1817639' class=' answer'><span>Cumulative effect of a change in accounting principle of $2,000 in its income statement.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470190[]' id='answer-id-1817640' class='answer   answerof-470190 ' value='1817640'   \/><label for='answer-id-1817640' id='answer-label-1817640' class=' answer'><span>Adjustment to beginning retained earnings of $2,000.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470190[]' id='answer-id-1817641' class='answer   answerof-470190 ' value='1817641'   \/><label for='answer-id-1817641' id='answer-label-1817641' class=' answer'><span>Cumulative effect of a change in accounting principle of $1,400 in its income statement.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470190[]' id='answer-id-1817642' class='answer   answerof-470190 ' value='1817642'   \/><label for='answer-id-1817642' id='answer-label-1817642' class=' answer'><span>None of the above.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-6' style=';'><div id='questionWrap-6'  class='   watupro-question-id-470191'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>6. <\/span>What are the Statements of Financial Accounting Concepts intended to establish?<\/div><input type='hidden' name='question_id[]' id='qID_6' value='470191' \/><input type='hidden' id='answerType470191' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470191[]' id='answer-id-1817643' class='answer   answerof-470191 ' value='1817643'   \/><label for='answer-id-1817643' id='answer-label-1817643' class=' answer'><span>Generally accepted accounting principles in financial reporting by business enterprises.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470191[]' id='answer-id-1817644' class='answer   answerof-470191 ' value='1817644'   \/><label for='answer-id-1817644' id='answer-label-1817644' class=' answer'><span>The meaning of &quot;Present fairly in accordance with generally accepted accounting principles.&quot;<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470191[]' id='answer-id-1817645' class='answer   answerof-470191 ' value='1817645'   \/><label for='answer-id-1817645' id='answer-label-1817645' class=' answer'><span>The objectives and concepts for use in developing standards of financial accounting and reporting.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470191[]' id='answer-id-1817646' class='answer   answerof-470191 ' value='1817646'   \/><label for='answer-id-1817646' id='answer-label-1817646' class=' answer'><span>The hierarchy of sources of generally accepted accounting principles.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-7' style=';'><div id='questionWrap-7'  class='   watupro-question-id-470192'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>7. <\/span>On December 2, 20X1, Flint Corp.'s board of directors voted to discontinue operations of its frozen food division and to sell the division's assets on the open market as soon as possible. The division reported net operating losses of $20,000 in December and $30,000 in January. On February 26, 20X2, sale of the division's assets resulted in a gain of $90,000. <br \/>\r<br>Assuming that the frozen foods division qualifies as a component of the business and ignoring income taxes, what amount of gain\/loss from discontinued operations should Flint recognize in its income statement for 20X2?<\/div><input type='hidden' name='question_id[]' id='qID_7' value='470192' \/><input type='hidden' id='answerType470192' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470192[]' id='answer-id-1817647' class='answer   answerof-470192 ' value='1817647'   \/><label for='answer-id-1817647' id='answer-label-1817647' class=' answer'><span>$0<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470192[]' id='answer-id-1817648' class='answer   answerof-470192 ' value='1817648'   \/><label for='answer-id-1817648' id='answer-label-1817648' class=' answer'><span>$40,000<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470192[]' id='answer-id-1817649' class='answer   answerof-470192 ' value='1817649'   \/><label for='answer-id-1817649' id='answer-label-1817649' class=' answer'><span>$60,000<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470192[]' id='answer-id-1817650' class='answer   answerof-470192 ' value='1817650'   \/><label for='answer-id-1817650' id='answer-label-1817650' class=' answer'><span>$90,000<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-8' style=';'><div id='questionWrap-8'  class='   watupro-question-id-470193'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>8. <\/span>At December 31, 1998, Off-Line Co. changed its method of accounting for demo costs from writing off the costs over two years to expensing the costs immediately. Off-Line made the change in recognition of an increasing number of demos placed with customers that did not result in sales. Off-Line had deferred demo costs of $500,000 at December 31, 1997, $300,000 of which were to be written off in 1998 and the remainder in 1999. Off-Line's income tax rate is 30%. <br \/>\r<br>In its 1998 financial statements, what amount should Off-Line report as cumulative effect of change in accounting principle?<\/div><input type='hidden' name='question_id[]' id='qID_8' value='470193' \/><input type='hidden' id='answerType470193' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470193[]' id='answer-id-1817651' class='answer   answerof-470193 ' value='1817651'   \/><label for='answer-id-1817651' id='answer-label-1817651' class=' answer'><span>$0<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470193[]' id='answer-id-1817652' class='answer   answerof-470193 ' value='1817652'   \/><label for='answer-id-1817652' id='answer-label-1817652' class=' answer'><span>$200,000<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470193[]' id='answer-id-1817653' class='answer   answerof-470193 ' value='1817653'   \/><label for='answer-id-1817653' id='answer-label-1817653' class=' answer'><span>$350,000<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470193[]' id='answer-id-1817654' class='answer   answerof-470193 ' value='1817654'   \/><label for='answer-id-1817654' id='answer-label-1817654' class=' answer'><span>$500,000<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-9' style=';'><div id='questionWrap-9'  class='   watupro-question-id-470194'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>9. <\/span>On December 31, 20X2, the Board of Directors of Maxy Manufacturing, Inc. committed to a plan to discontinue the operations of its Alpha division. Maxy estimated that Alpha's 20X3 operating loss would be $500,000 and that the fair value of Alpha's facilities was $300,000 less than their carrying amounts. <br \/>\r<br>Alpha's 20X2 operating loss was $1,400,000, and the division was actually sold for $400,000 less than its carrying amount in 20X3. Maxy's effective tax rate is 30%. <br \/>\r<br>In its 20X2 income statement, what amount should Maxy report as loss from discontinued operations?<\/div><input type='hidden' name='question_id[]' id='qID_9' value='470194' \/><input type='hidden' id='answerType470194' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470194[]' id='answer-id-1817655' class='answer   answerof-470194 ' value='1817655'   \/><label for='answer-id-1817655' id='answer-label-1817655' class=' answer'><span>$980,000<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470194[]' id='answer-id-1817656' class='answer   answerof-470194 ' value='1817656'   \/><label for='answer-id-1817656' id='answer-label-1817656' class=' answer'><span>$1,190,000<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470194[]' id='answer-id-1817657' class='answer   answerof-470194 ' value='1817657'   \/><label for='answer-id-1817657' id='answer-label-1817657' class=' answer'><span>$1,400,000<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470194[]' id='answer-id-1817658' class='answer   answerof-470194 ' value='1817658'   \/><label for='answer-id-1817658' id='answer-label-1817658' class=' answer'><span>$1,700,000<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-10' style=';'><div id='questionWrap-10'  class='   watupro-question-id-470195'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>10. <\/span>APB Opinion No. 28, Interim Financial Reporting, concluded that interim financial reporting should be viewed primarily in which of the following ways?<\/div><input type='hidden' name='question_id[]' id='qID_10' value='470195' \/><input type='hidden' id='answerType470195' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470195[]' id='answer-id-1817659' class='answer   answerof-470195 ' value='1817659'   \/><label for='answer-id-1817659' id='answer-label-1817659' class=' answer'><span>As useful only if activity is spread evenly throughout the year.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470195[]' id='answer-id-1817660' class='answer   answerof-470195 ' value='1817660'   \/><label for='answer-id-1817660' id='answer-label-1817660' class=' answer'><span>As if the interim period were an annual accounting period.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470195[]' id='answer-id-1817661' class='answer   answerof-470195 ' value='1817661'   \/><label for='answer-id-1817661' id='answer-label-1817661' class=' answer'><span>As reporting for an integral part of an annual period.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470195[]' id='answer-id-1817662' class='answer   answerof-470195 ' value='1817662'   \/><label for='answer-id-1817662' id='answer-label-1817662' class=' answer'><span>As reporting under a comprehensive basis of accounting other than GAA<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-11' style=';'><div id='questionWrap-11'  class='   watupro-question-id-470196'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>11. <\/span>In open market transactions, Gold Corp. simultaneously sold its long-term investment in Iron Corp. bonds and purchased its own outstanding bonds. The broker remitted the net cash from the two transactions. <br \/>\r<br>Gold's gain on the purchase of its own bonds exceeded its loss on the sale of the Iron bonds. Assume the transaction to purchase its own outstanding bonds is unusual in nature and has occurred infrequently. <br \/>\r<br>Gold should report the:<\/div><input type='hidden' name='question_id[]' id='qID_11' value='470196' \/><input type='hidden' id='answerType470196' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470196[]' id='answer-id-1817663' class='answer   answerof-470196 ' value='1817663'   \/><label for='answer-id-1817663' id='answer-label-1817663' class=' answer'><span>Net effect of the two transactions as an extraordinary gain.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470196[]' id='answer-id-1817664' class='answer   answerof-470196 ' value='1817664'   \/><label for='answer-id-1817664' id='answer-label-1817664' class=' answer'><span>Net effect of the two transactions in income before extraordinary items.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470196[]' id='answer-id-1817665' class='answer   answerof-470196 ' value='1817665'   \/><label for='answer-id-1817665' id='answer-label-1817665' class=' answer'><span>Effect of its own bond transaction gain in income before extraordinary items, and report the Iron bond transaction as an extraordinary loss.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470196[]' id='answer-id-1817666' class='answer   answerof-470196 ' value='1817666'   \/><label for='answer-id-1817666' id='answer-label-1817666' class=' answer'><span>Effect of its own bond transaction as an extraordinary gain, and report the Iron bond transaction loss in income before extraordinary items.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-12' style=';'><div id='questionWrap-12'  class='   watupro-question-id-470197'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>12. <\/span>Foy Corp. failed to accrue warranty costs of $50,000 in its December 31, 1992, financial statements. In addition, a $30,000 change from straight-line to accelerated depreciation was made at the beginning of 1993. Both the $50,000 and the $30,000 are net of related income taxes. <br \/>\r<br>What amount should Foy report as prior period adjustments in 1993?<\/div><input type='hidden' name='question_id[]' id='qID_12' value='470197' \/><input type='hidden' id='answerType470197' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470197[]' id='answer-id-1817667' class='answer   answerof-470197 ' value='1817667'   \/><label for='answer-id-1817667' id='answer-label-1817667' class=' answer'><span>$0<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470197[]' id='answer-id-1817668' class='answer   answerof-470197 ' value='1817668'   \/><label for='answer-id-1817668' id='answer-label-1817668' class=' answer'><span>$30,000<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470197[]' id='answer-id-1817669' class='answer   answerof-470197 ' value='1817669'   \/><label for='answer-id-1817669' id='answer-label-1817669' class=' answer'><span>$50,000<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470197[]' id='answer-id-1817670' class='answer   answerof-470197 ' value='1817670'   \/><label for='answer-id-1817670' id='answer-label-1817670' class=' answer'><span>$80,000<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-13' style=';'><div id='questionWrap-13'  class='   watupro-question-id-470198'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>13. <\/span>According to the FASB conceptual framework, comprehensive income includes which of the following? <br \/>\r<br><br><img decoding=\"async\" width=301 height=106 id=\"\u56fe\u7247 55\" src=\"https:\/\/www.dumpsbase.com\/freedumps\/wp-content\/uploads\/2026\/04\/image013-6.jpg\"><br><\/div><input type='hidden' name='question_id[]' id='qID_13' value='470198' \/><input type='hidden' id='answerType470198' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470198[]' id='answer-id-1817671' class='answer   answerof-470198 ' value='1817671'   \/><label for='answer-id-1817671' id='answer-label-1817671' class=' answer'><span>Option A<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470198[]' id='answer-id-1817672' class='answer   answerof-470198 ' value='1817672'   \/><label for='answer-id-1817672' id='answer-label-1817672' class=' answer'><span>Option B<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470198[]' id='answer-id-1817673' class='answer   answerof-470198 ' value='1817673'   \/><label for='answer-id-1817673' id='answer-label-1817673' class=' answer'><span>Option C<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470198[]' id='answer-id-1817674' class='answer   answerof-470198 ' value='1817674'   \/><label for='answer-id-1817674' id='answer-label-1817674' class=' answer'><span>Option D<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-14' style=';'><div id='questionWrap-14'  class='   watupro-question-id-470199'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>14. <\/span>Mellow Co. depreciated a $12,000 asset over five years, using the straight-line method with no salvage value. At the beginning of the fifth year, it was determined that the asset will last another four years. <br \/>\r<br>What amount should Mellow report as depreciation expense for year 5?<\/div><input type='hidden' name='question_id[]' id='qID_14' value='470199' \/><input type='hidden' id='answerType470199' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470199[]' id='answer-id-1817675' class='answer   answerof-470199 ' value='1817675'   \/><label for='answer-id-1817675' id='answer-label-1817675' class=' answer'><span>$600<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470199[]' id='answer-id-1817676' class='answer   answerof-470199 ' value='1817676'   \/><label for='answer-id-1817676' id='answer-label-1817676' class=' answer'><span>$900<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470199[]' id='answer-id-1817677' class='answer   answerof-470199 ' value='1817677'   \/><label for='answer-id-1817677' id='answer-label-1817677' class=' answer'><span>$1,500<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470199[]' id='answer-id-1817678' class='answer   answerof-470199 ' value='1817678'   \/><label for='answer-id-1817678' id='answer-label-1817678' class=' answer'><span>$2,400<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-15' style=';'><div id='questionWrap-15'  class='   watupro-question-id-470200'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>15. <\/span>In April 30, 20X4, Deer Corp. approved a plan to dispose of a component of its business. For the period January 1 through April 30, 20X4, the component had revenues of $500,000 and expenses of $800,000. <br \/>\r<br>The assets of the component were sold on October 15, 20X4 at a loss. <br \/>\r<br>In its income statement for the year ended December 31, 20X4, how should Deer report the component's operations from January 1 to April 30, 20X4?<\/div><input type='hidden' name='question_id[]' id='qID_15' value='470200' \/><input type='hidden' id='answerType470200' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470200[]' id='answer-id-1817679' class='answer   answerof-470200 ' value='1817679'   \/><label for='answer-id-1817679' id='answer-label-1817679' class=' answer'><span>$500,000 and $800,000 should be included with revenues and expenses, respectively, as part of continuing operations.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470200[]' id='answer-id-1817680' class='answer   answerof-470200 ' value='1817680'   \/><label for='answer-id-1817680' id='answer-label-1817680' class=' answer'><span>$300,000 should be reported as part of the loss on disposal of a component and included as part of continuing operations.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470200[]' id='answer-id-1817681' class='answer   answerof-470200 ' value='1817681'   \/><label for='answer-id-1817681' id='answer-label-1817681' class=' answer'><span>$300,000 should be reported as an extraordinary loss.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470200[]' id='answer-id-1817682' class='answer   answerof-470200 ' value='1817682'   \/><label for='answer-id-1817682' id='answer-label-1817682' class=' answer'><span>$300,000 should be reported as a loss from operations of a component and included in loss from discontinued operations.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-16' style=';'><div id='questionWrap-16'  class='   watupro-question-id-470201'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>16. <\/span>The cumulative effect of a change in accounting estimate should be shown separately:<\/div><input type='hidden' name='question_id[]' id='qID_16' value='470201' \/><input type='hidden' id='answerType470201' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470201[]' id='answer-id-1817683' class='answer   answerof-470201 ' value='1817683'   \/><label for='answer-id-1817683' id='answer-label-1817683' class=' answer'><span>On the income statement above income from continuing operations.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470201[]' id='answer-id-1817684' class='answer   answerof-470201 ' value='1817684'   \/><label for='answer-id-1817684' id='answer-label-1817684' class=' answer'><span>On the income statement after income from continuing operations and before extraordinary items.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470201[]' id='answer-id-1817685' class='answer   answerof-470201 ' value='1817685'   \/><label for='answer-id-1817685' id='answer-label-1817685' class=' answer'><span>On the retained earnings statement as an adjustment to the beginning balance.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470201[]' id='answer-id-1817686' class='answer   answerof-470201 ' value='1817686'   \/><label for='answer-id-1817686' id='answer-label-1817686' class=' answer'><span>It should not be recorded separately on any financial statement.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-17' style=';'><div id='questionWrap-17'  class='   watupro-question-id-470202'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>17. <\/span>Lore Co. changed from the cash basis of accounting to the accrual basis of accounting during 1994. <br \/>\r<br>The cumulative effect of this change should be reported in Lore's 1994 financial statements as a:<\/div><input type='hidden' name='question_id[]' id='qID_17' value='470202' \/><input type='hidden' id='answerType470202' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470202[]' id='answer-id-1817687' class='answer   answerof-470202 ' value='1817687'   \/><label for='answer-id-1817687' id='answer-label-1817687' class=' answer'><span>Prior period adjustment resulting from the correction of an error.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470202[]' id='answer-id-1817688' class='answer   answerof-470202 ' value='1817688'   \/><label for='answer-id-1817688' id='answer-label-1817688' class=' answer'><span>Prior period adjustment resulting from the change in accounting principle.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470202[]' id='answer-id-1817689' class='answer   answerof-470202 ' value='1817689'   \/><label for='answer-id-1817689' id='answer-label-1817689' class=' answer'><span>Component of income before extraordinary item.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470202[]' id='answer-id-1817690' class='answer   answerof-470202 ' value='1817690'   \/><label for='answer-id-1817690' id='answer-label-1817690' class=' answer'><span>Component of income after extraordinary item.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-18' style=';'><div id='questionWrap-18'  class='   watupro-question-id-470203'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>18. <\/span>What is the purpose of information presented in notes to the financial statements?<\/div><input type='hidden' name='question_id[]' id='qID_18' value='470203' \/><input type='hidden' id='answerType470203' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470203[]' id='answer-id-1817691' class='answer   answerof-470203 ' value='1817691'   \/><label for='answer-id-1817691' id='answer-label-1817691' class=' answer'><span>To provide disclosures required by generally accepted accounting principles.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470203[]' id='answer-id-1817692' class='answer   answerof-470203 ' value='1817692'   \/><label for='answer-id-1817692' id='answer-label-1817692' class=' answer'><span>To correct improper presentation in the financial statements.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470203[]' id='answer-id-1817693' class='answer   answerof-470203 ' value='1817693'   \/><label for='answer-id-1817693' id='answer-label-1817693' class=' answer'><span>To provide recognition of amounts not included in the totals of the financial statements.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470203[]' id='answer-id-1817694' class='answer   answerof-470203 ' value='1817694'   \/><label for='answer-id-1817694' id='answer-label-1817694' class=' answer'><span>To present management's responses to auditor comments.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-19' style=';'><div id='questionWrap-19'  class='   watupro-question-id-470204'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>19. <\/span>An extraordinary gain should be reported as a direct increase to which of the following?<\/div><input type='hidden' name='question_id[]' id='qID_19' value='470204' \/><input type='hidden' id='answerType470204' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470204[]' id='answer-id-1817695' class='answer   answerof-470204 ' value='1817695'   \/><label for='answer-id-1817695' id='answer-label-1817695' class=' answer'><span>Net income.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470204[]' id='answer-id-1817696' class='answer   answerof-470204 ' value='1817696'   \/><label for='answer-id-1817696' id='answer-label-1817696' class=' answer'><span>Comprehensive income.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470204[]' id='answer-id-1817697' class='answer   answerof-470204 ' value='1817697'   \/><label for='answer-id-1817697' id='answer-label-1817697' class=' answer'><span>Income from continuing operations, net of tax.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470204[]' id='answer-id-1817698' class='answer   answerof-470204 ' value='1817698'   \/><label for='answer-id-1817698' id='answer-label-1817698' class=' answer'><span>Income from discontinued operations, net of tax.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-20' style=';'><div id='questionWrap-20'  class='   watupro-question-id-470205'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>20. <\/span>On January 2, 1989, Union Co. purchased a machine for $264,000 and depreciated it by the straight-line method using an estimated useful life of eight years with no salvage value. On January 2, 1992, Union determined that the machine had a useful life of six years from the date of acquisition and will have a salvage value of $24,000. An accounting change was made in 1992 to reflect the additional data. <br \/>\r<br>The accumulated depreciation for this machine should have a balance at December 31, 1992, of:<\/div><input type='hidden' name='question_id[]' id='qID_20' value='470205' \/><input type='hidden' id='answerType470205' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470205[]' id='answer-id-1817699' class='answer   answerof-470205 ' value='1817699'   \/><label for='answer-id-1817699' id='answer-label-1817699' class=' answer'><span>$176,000<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470205[]' id='answer-id-1817700' class='answer   answerof-470205 ' value='1817700'   \/><label for='answer-id-1817700' id='answer-label-1817700' class=' answer'><span>$160,000<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470205[]' id='answer-id-1817701' class='answer   answerof-470205 ' value='1817701'   \/><label for='answer-id-1817701' id='answer-label-1817701' class=' answer'><span>$154,000<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-470205[]' id='answer-id-1817702' class='answer   answerof-470205 ' value='1817702'   \/><label for='answer-id-1817702' id='answer-label-1817702' class=' answer'><span>$146,000<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div style='display:none' id='question-21'>\n\t<div class='question-content'>\n\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.dumpsbase.com\/freedumps\/wp-content\/plugins\/watupro\/img\/loading.gif\" width=\"16\" height=\"16\" alt=\"Loading...\" title=\"Loading...\" \/>&nbsp;Loading...\t<\/div>\n<\/div>\n\n<br \/>\n\t\n\t\t\t<div class=\"watupro_buttons flex \" id=\"watuPROButtons12013\" >\n\t\t  <div id=\"prev-question\" style=\"display:none;\"><input type=\"button\" value=\"&lt; Previous\" onclick=\"WatuPRO.nextQuestion(event, 'previous');\"\/><\/div>\t\t  \t\t  \t\t   \n\t\t   \t  \t\t<div><input type=\"button\" name=\"action\" class=\"watupro-submit-button\" onclick=\"WatuPRO.submitResult(event)\" id=\"action-button\" value=\"View Results\"  \/>\n\t\t<\/div>\n\t\t<\/div>\n\t\t\n\t<input type=\"hidden\" name=\"quiz_id\" value=\"12013\" id=\"watuPROExamID\"\/>\n\t<input type=\"hidden\" name=\"start_time\" id=\"startTime\" value=\"2026-05-05 13:29:35\" \/>\n\t<input type=\"hidden\" name=\"start_timestamp\" id=\"startTimeStamp\" value=\"1777987775\" \/>\n\t<input type=\"hidden\" name=\"question_ids\" value=\"\" \/>\n\t<input type=\"hidden\" name=\"watupro_questions\" value=\"470186:1817623,1817624,1817625,1817626 | 470187:1817627,1817628,1817629,1817630 | 470188:1817631,1817632,1817633,1817634 | 470189:1817635,1817636,1817637,1817638 | 470190:1817639,1817640,1817641,1817642 | 470191:1817643,1817644,1817645,1817646 | 470192:1817647,1817648,1817649,1817650 | 470193:1817651,1817652,1817653,1817654 | 470194:1817655,1817656,1817657,1817658 | 470195:1817659,1817660,1817661,1817662 | 470196:1817663,1817664,1817665,1817666 | 470197:1817667,1817668,1817669,1817670 | 470198:1817671,1817672,1817673,1817674 | 470199:1817675,1817676,1817677,1817678 | 470200:1817679,1817680,1817681,1817682 | 470201:1817683,1817684,1817685,1817686 | 470202:1817687,1817688,1817689,1817690 | 470203:1817691,1817692,1817693,1817694 | 470204:1817695,1817696,1817697,1817698 | 470205:1817699,1817700,1817701,1817702\" \/>\n\t<input type=\"hidden\" name=\"no_ajax\" value=\"0\">\t\t\t<\/form>\n\t<p>&nbsp;<\/p>\n<\/div>\n\n<script type=\"text\/javascript\">\n\/\/jQuery(document).ready(function(){\ndocument.addEventListener(\"DOMContentLoaded\", function(event) { \t\nvar question_ids = \"470186,470187,470188,470189,470190,470191,470192,470193,470194,470195,470196,470197,470198,470199,470200,470201,470202,470203,470204,470205\";\nWatuPROSettings[12013] = {};\nWatuPRO.qArr = question_ids.split(',');\nWatuPRO.exam_id = 12013;\t    \nWatuPRO.post_id = 125525;\nWatuPRO.store_progress = 0;\nWatuPRO.curCatPage = 1;\nWatuPRO.requiredIDs=\"0\".split(\",\");\nWatuPRO.hAppID = \"0.04114300 1777987775\";\nvar url = \"https:\/\/www.dumpsbase.com\/freedumps\/wp-content\/plugins\/watupro\/show_exam.php\";\nWatuPRO.examMode = 1;\nWatuPRO.siteURL=\"https:\/\/www.dumpsbase.com\/freedumps\/wp-admin\/admin-ajax.php\";\nWatuPRO.emailIsNotRequired = 0;\nWatuPROIntel.init(12013);\nWatuPRO.inCategoryPages=1;});    \t \n<\/script>\n","protected":false},"excerpt":{"rendered":"<p>We have introduced the CPA Financial Accounting and Reporting (FAR) section in my previous post and shared the CPA-Financial free dumps (Part 1, Q1-Q40) of V8.02 with all of you. You may know the CPA-Financial exam and have checked the free demos already. From these demos, you may have found that the CPA-Financial dumps (V8.02) [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5721,5722],"tags":[21098],"class_list":["post-125525","post","type-post","status-publish","format-standard","hentry","category-aicpa","category-aicpa-exam","tag-cpa-financial-accounting-and-reporting-far"],"_links":{"self":[{"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/posts\/125525","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/comments?post=125525"}],"version-history":[{"count":1,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/posts\/125525\/revisions"}],"predecessor-version":[{"id":125526,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/posts\/125525\/revisions\/125526"}],"wp:attachment":[{"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/media?parent=125525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/categories?post=125525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/tags?post=125525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}