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CIMA Exam CIMAPRA19-F01-1 Topic 2 Question 108 Discussion

Actual exam question for CIMA's CIMAPRA19-F01-1 exam
Question #: 108
Topic #: 2
[All CIMAPRA19-F01-1 Questions]

From the list below identify the item that appears in the statement of financial position.

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Suggested Answer: C

Contribute your Thoughts:

Winifred
5 days ago
I agree with both of you. The amount of loans outstanding at the year end is a balance sheet item that reflects the company's liabilities.
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Fausto
9 days ago
I think it's B too, because the statement of financial position shows the financial position of a company at a specific point in time.
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Janella
10 days ago
B) The amount of loans outstanding at the year end.
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