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Free CIMAPRA17-BA3-1 Exam Dumps

Here you can find all the free questions related with CIMA BA3 - Fundamentals of Financial Accounting (CIMAPRA17-BA3-1) exam. You can also find on this page links to recently updated premium files with which you can practice for actual CIMA BA3 - Fundamentals of Financial Accounting Exam. These premium versions are provided as CIMAPRA17-BA3-1 exam practice tests, both as desktop software and browser based application, you can use whatever suits your style. Feel free to try the BA3 - Fundamentals of Financial Accounting Exam premium files for free, Good luck with your CIMA BA3 - Fundamentals of Financial Accounting Exam.
Question No: 1

MultipleChoice

Store Y believe customer XF will not be able to pay his 300 debt. Which ONE of the following day books should this 'bad debt' be recorded in?

Options
Question No: 2

MultipleChoice

The phrase 'net book value', when applied to the statement of financial position figure for non-current assets, indicates that the figure represents:

Options
Question No: 3

MultipleChoice

Refer to the exhibit.

The following information is available in respect of two companies that operate in the same market sector:

Which one of the following statements most accurately describes the companies' relative position?

Options
Question No: 4

MultipleChoice

''To assure shareholders that the stewardship of the organization was effectively carried out.''

What does this definition describe?

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Question No: 5

MultipleChoice

The external auditor seeks to provide an opinion on whether the accounts show a true and fair view

What is the international term for 'true and fair view'?

Options
Question No: 6

CorrectText

BCD has the following balances for the year ended 31 December 20X8:

What is the trade payables balance of BCD at 31 December 20X8? Give your answer to the nearest $"000.

Question No: 7

CorrectText

CC is preparing its bank reconciliation, and has the following information:

What will the bank balance be, as presented in the statement of financial position, once the necessary adjustments have been made''

Question No: 8

CorrectText

At 1 January 20X8 JKL has share capital of $500,000 and share premium $270,000. The nominal value of each equity share is 50 cents On 31 July 20X8 JKL made a 1 for 4 bonus issue.

What is the balance on share premium following the bonus issue of shares? Give your answer to the nearest $'000

Question No: 9

CorrectText

The balances of the trial balance of CDE for the year ended 31 May 20X4 is as follows

What must the balance on the share capital account be at 31 May 20X4 if the trial balance is to balance? Give your answer in $'000


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