CIMA Exam CIMAPRA17-BA3-1 Topic 1 Question 78 Discussion

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

Question #: 78
Topic #: 1

GH operates an imprest system for petty cash, maintaining a float of $250 The following petty cash book extract is available for a week in March 20X6:

How much does GH need to transfer from the bank account at the end of this week In order to maintain the imprest system?

AThe total spend of $185

BThe float total of $250.

CThe total of the float and total spend of $435

DThe difference between the float and total spend of $65

Show Suggested Answer

Suggested Answer: A

by Renea at Dec 14, 2023, 08:06 AM

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