CIMA Exam CIMAPRA17-BA3-1 Topic 4 Question 95 Discussion

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

Question #: 95
Topic #: 4

[All CIMAPRA17-BA3-1 Questions]

A trial balance is extracted from the ledger accounts at the end of each accounting period.

Which of the following will a trial balance do?

AProve the ledger account balances are correct

BHighlight any errors of omission

CShow that debit and credit balances agreed

DHighlight errors of principle

Show Suggested Answer

Suggested Answer: B, C

by Marge at Aug 27, 2024, 02:23 AM

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Garry

6 days ago

I think the correct answer is C) Show that debit and credit balances agreed. A trial balance is a basic accounting tool that ensures the accounting equation is balanced.

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Jillian

13 days ago

A) Prove the ledger account balances are correct

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