Amazon
Avaya
Cisco
CompTIA
CrowdStrike
EC-Council
EXIN
Fortinet
Google
ISC
ISC2
ITIL
Juniper
Microsoft
NVIDIA
Okta
Palo Alto Networks
Salesforce
SAP
ServiceNow
All Vendors
  1. Home
  2. CIMA
  3. BA3 - Fundamentals of Financial Accounting

CIMA BA3 - Fundamentals of Financial Accounting Exam (page: 5)
CIMA BA3 - Fundamentals of Financial Accounting
Updated on: 24-Mar-2026

Viewing Page 5 of 80
BA3 - Fundamentals of Financial Accounting PDF 393 Questions

On 31 December 20X6 GHI makes a bonus issue of 50,000 shares On this dale the nominal value of the shares is $1 and the market value is $3 GHI has a share premium account with a substantial credit balance. The share capital account is credited correctly in the nominal ledger. Which of the following statements is TRUE?

  1. The bonus issue is valued at $3 per share and the debit entry is to the cash account
  2. The bonus issue is valued at $1 per share and the debit entry is to the share premium account
  3. The bonus issue is valued at $1 per share and the debit entry is to the cash account
  4. The bonus issue is valued at $3 per share and the debit entry is to the share premium account

Answer(s): B



Mr UY has just had property P re-valued. Mr UY originally purchased property P for $560,000. It is now worth $780,000.

Which ONE of the following shows how this transaction should be recorded in Mr UY's property account?

  1. $220,000 credit
  2. $220,000 debit
  3. $780,000 debit
  4. $780,000 credit

Answer(s): B



IAS 2 Inventories does not permit the use of the last in. first out (LIFO) method of valuing inventory In a time of rising prices, which of the following is a reason for this?

  1. Purchases are overstated
  2. Closing inventory is understated.
  3. Cost of sales are understated
  4. Gross profit is overstated

Answer(s): B



CORRECT TEXT

Refer to the Exhibit.



A company has the following transactions for an accounting period:

Closing inventory at the end of the period was $3,200 and gross profit was $16,400.

The opening inventory was therefore

  1. See Explanation section for answer.

Answer(s): A

Explanation:

CORRECT TEXT IS: $5099



Refer to the exhibit.



Both internal and external audits can be performed on the financial statements of a company. The results of the audits have different purposes and different reporting lines.

Which of the following combinations is correct?

  1. A
  2. B
  3. C
  4. D

Answer(s): C



Viewing Page 5 of 80



Share your comments for CIMA BA3 - Fundamentals of Financial Accounting exam with other users:

CHINIMILLI SATISH 8/29/2023 6:22:00 AM

looking for 1z0-116
Anonymous


Pedro Afonso 1/15/2024 8:01:00 AM

in question 22, shouldnt be in the data (option a) layer?
Anonymous


Pushkar 11/7/2022 12:12:00 AM

the questions are incredibly close to real exam. you people are amazing.
INDIA


Ankit S 11/13/2023 3:58:00 AM

q15. answer is b. simple
UNITED STATES


S. R 12/8/2023 9:41:00 AM

great practice
FRANCE


Mungara 3/14/2023 12:10:00 AM

thanks to this exam dumps, i felt confident and passed my exam with ease.
UNITED STATES


Anonymous 7/25/2023 2:55:00 AM

need 1z0-1105-22 exam
Anonymous


Nigora 5/31/2022 10:05:00 PM

this is a beautiful tool. passed after a week of studying.
UNITED STATES


Av dey 8/16/2023 2:35:00 PM

can you please upload the dumps for 1z0-1096-23 for oracle
INDIA


Mayur Shermale 11/23/2023 12:22:00 AM

its intresting, i would like to learn more abouth this
JAPAN


JM 12/19/2023 2:23:00 PM

q252: dns poisoning is the correct answer, not locator redirection. beaconing is detected from a host. this indicates that the system has been infected with malware, which could be the source of local dns poisoning. location redirection works by either embedding the redirection in the original websites code or having a user click on a url that has an embedded redirect. since users at a different office are not getting redirected, it isnt an embedded redirection on the original website and since the user is manually typing in the url and not clicking a link, it isnt a modified link.
UNITED STATES


Freddie 12/12/2023 12:37:00 PM

helpful dump questions
SOUTH AFRICA


Da Costa 8/25/2023 7:30:00 AM

question 423 eigrp uses metric
Anonymous


Bsmaind 8/20/2023 9:22:00 AM

hello nice dumps
Anonymous


beau 1/12/2024 4:53:00 PM

good resource for learning
UNITED STATES


Sandeep 12/29/2023 4:07:00 AM

very useful
Anonymous


kevin 9/29/2023 8:04:00 AM

physical tempering techniques
Anonymous


Blessious Phiri 8/15/2023 4:08:00 PM

its giving best technical knowledge
Anonymous


Testbear 6/13/2023 11:15:00 AM

please upload
ITALY


shime 10/24/2023 4:23:00 AM

great question with explanation thanks!!
ETHIOPIA


Thembelani 5/30/2023 2:40:00 AM

does this exam have lab sections?
Anonymous


Shin 9/8/2023 5:31:00 AM

please upload
PHILIPPINES


priti kagwade 7/22/2023 5:17:00 AM

please upload the braindump for .net
UNITED STATES


Robe 9/27/2023 8:15:00 PM

i need this exam 1z0-1107-2. please.
Anonymous


Chiranthaka 9/20/2023 11:22:00 AM

very useful!
Anonymous


Not Miguel 11/26/2023 9:43:00 PM

for this question - "which three type of basic patient or member information is displayed on the patient info component? (choose three.)", list of conditions is not displayed (it is displayed in patient card, not patient info). so should be thumbnail of chatter photo
Anonymous


Andrus 12/17/2023 12:09:00 PM

q52 should be d. vm storage controller bandwidth represents the amount of data (in terms of bandwidth) that a vms storage controller is using to read and write data to the storage fabric.
Anonymous


Raj 5/25/2023 8:43:00 AM

nice questions
UNITED STATES


max 12/22/2023 3:45:00 PM

very useful
Anonymous


Muhammad Rawish Siddiqui 12/8/2023 6:12:00 PM

question # 208: failure logs is not an example of operational metadata.
SAUDI ARABIA


Sachin Bedi 1/5/2024 4:47:00 AM

good questions
Anonymous


Kenneth 12/8/2023 7:34:00 AM

thank you for the test materials!
KOREA REPUBLIC OF


Harjinder Singh 8/9/2023 4:16:00 AM

its very helpful
HONG KONG


SD 7/13/2023 12:56:00 AM

good questions
UNITED STATES