Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

CIMA Exam CIMAPRA17-BA3-1 Topic 1 Question 87 Discussion

Actual exam question for CIMA's CIMAPRA17-BA3-1 exam
Question #: 87
Topic #: 1
[All CIMAPRA17-BA3-1 Questions]

In the year ended 31 December 20X1, XYZ receives an email confirming that a major customer has gone into liquidation and will be unable to pay its suppliers.

Which of the following is the impact of adjusting for this event?

Show Suggested Answer Hide Answer
Suggested Answer: D

by Estrella at May 08, 2024, 04:09 PM

Limited Time Offer

25%

Off

Get Premium CIMAPRA17-BA3-1 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel
Larae
8 months ago
Makes sense. So, decrease in receivables and decrease in profits?
upvoted 0 times
...
Rosina
8 months ago
Receivables decrease since the customer can't pay, and profits would decrease too, right?
upvoted 0 times
...
Rhea
9 months ago
Why D, Carol?
upvoted 0 times
...
Rosina
9 months ago
B? I was thinking it might be D.
upvoted 0 times
...
Larae
10 months ago
Yeah, but I'm leaning towards B.
upvoted 0 times
...
Rhea
10 months ago
This question's a bit tricky, right?
upvoted 0 times
...

Save Cancel