CIMA Exam CIMAPRA19-F01-1 Topic 3 Question 86 Discussion

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

Question #: 86
Topic #: 3

[All CIMAPRA19-F01-1 Questions]

Which THREE of the following would be included in a cash budget?

AInterest payments

BDepreciation on machinery

CSalaries paid to staff

DImpairment of goodwill

EProfit on disposal of motor vehicle

FDividends received from associate

Show Suggested Answer

Suggested Answer: A

by Arlen at May 02, 2024, 04:35 PM

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Billye

10 months ago

Yes! Based on the refund note, I believe it should be option C: Interest $50 Corporate income tax $(3).

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Dortha

10 months ago

True, especially with that over-provision and tax refund note, corporate income tax should probably be negative?

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Devon

10 months ago

No, I think interest has to be $50 because it's for half a year already. So, I'm leaning towards C or D.

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Dominque

10 months ago

I'm stuck between options A and C. But I think interest should be $25, right?

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In

11 months ago

Yeah, it's kinda tricky with all those notes. What figures are you putting down for Interest and Corporate income tax?

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Lenna

11 months ago

Did you see that question on AA's trial balance and statement of profit or loss?

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