CIMA Exam CIMAPRA17-BA3-1 Topic 1 Question 55 Discussion

Actual exam question for CIMA's CIMAPRA17-BA3-1 exam

Question #: 55
Topic #: 1

MM does not maintain complete accounting records The following information is available for the year ended 31 December 20X3.

The mark up on items sold by MM is 20%

What is the figure for purchases to be included in MM's statement of profit or loss for the year ended 31 December 20X3?

A$61,000

B$61,500

C$63,500

D$59,000

Show Suggested Answer

Suggested Answer: C

by Terrilyn at Jul 21, 2022, 03:10 PM

Limited Time Offer

25%

Off

Contribute your Thoughts:

Submit Cancel

Currently there are no comments in this discussion, be the first to comment!