CIMA Exam CIMAPRA19-F01-1 Topic 3 Question 70 Discussion

Actual exam question for CIMA's CIMAPRA19-F01-1 exam

Question #: 70
Topic #: 3

LM is preparing its cash forecast for the next three months.

Which of the following items should be left out of its calculations?

ATax payment due, that relates to last year's profits.

BReceipt of a new bank loan raised for the purpose of purchasing new machinery.

CExpected loss on the disposal of a piece of land.

DRental payment on a leased vehicle.

Show Suggested Answer

Suggested Answer: C

by Marvel at May 29, 2023, 05:32 AM

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