CIMA Exam CIMAPRA17-BA3-1 Topic 1 Question 79 Discussion

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

Question #: 79
Topic #: 1

Which of the following would meet the definition of a liability in accordance with the Conceptual Framework's definition?

AAn amount due from a customer for goods dispatched two weeks ago

BAn amount due to a supplier for goods to be purchased in one month's time

CAn amount which was paid to a supplier in relation to a dispute

DAn amount due to a supplier for goods purchased one month ago

Show Suggested Answer

Suggested Answer: B

by Danica at Dec 24, 2023, 10:03 PM

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