CIMA BA3 - Fundamentals of Financial Accounting CIMAPRA17-BA3-1 Dumps in PDF

Free CIMA CIMAPRA17-BA3-1 Real Questions (page: 12)

Refer to the Exhibit.



Soffit plc is calculating its irrecoverable debt charge and allowance for receivables for inclusion in its year-end accounts. Based on an aged receivables schedule, it is estimated that an allowance for receivables of $125,820 is required.

In addition, a specific allowance for receivables of $18,640 is also required for two customers who are experiencing cash flow difficulties. There are also two customers who have gone into receivership while owing the company $6,300. The current allowance for receivables is $156,000.

Which is the correct entry to be made to the accounts to record these transactions?

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

Answer(s): B



The financial statements are produced in accordance with relevant accounting standards. This compliance ensures the requirement of fair presentation of transactions and events is met

How is this compliance emphasized?

  1. Reconciliation procedures
  2. Employment of qualified employees
  3. Specific disclosure
  4. Regular preparation of financial statements

Answer(s): C



A non-current asset was purchased for $240000 at the beginning of Year 1, with an expected life of 7 years and a residual value of $50000. It was depreciated by 20% per annum using the reducing balance method.

At the beginning of Year 4 it was sold for $100000. The result of this was:

  1. A loss on disposal of $2720
  2. A loss on disposal of $22880
  3. A profit on disposal of $50000
  4. A profit on disposal of $58571

Answer(s): B



Which of the following would result in an increase in the cash balance for the period?

(a) A reduction in inventory

(b) A reduction in receivables

(c) A reduction in payables

(d) A gain on disposal of non-current assets

  1. (a) and (b) only
  2. (b) and (c) only
  3. (c) and (d) only
  4. (a), (b) and (c) only

Answer(s): A



Refer to the Exhibit.



A sole trader, who only has cash sales, banks all cash receipts above the agreed petty cash float of $400.

During week 2 he has the following transactions:

What is the amount banked at the end of week 2?

  1. $25
  2. $225
  3. $425
  4. $625

Answer(s): C



Share your comments for CIMA CIMAPRA17-BA3-1 exam with other users:

T
Thor
10/21/2025 5:16:29 AM

Anyone used this dump recently?

V
Vladimir
9/25/2025 9:11:14 AM

173 question is A not D

K
khaos
9/21/2025 7:07:26 AM

nice questions

K
Katiso Lehasa
9/15/2025 11:21:52 PM

Thanks for the practice questions they helped me a lot.

E
Einstein
9/2/2025 7:42:00 PM

Passed this exam today. All questions are valid and this is not something you can find in ChatGPT.

V
vito
8/22/2025 4:16:51 AM

i need to pass exam for VMware 2V0-11.25

M
Matt
7/31/2025 11:44:40 PM

Great questions.

O
OLERATO
7/1/2025 5:44:14 AM

great dumps to practice for the exam

A
Adekunle willaims
6/9/2025 7:37:29 AM

How reliable and relevant are these questions?? also i can see the last update here was January and definitely new questions would have emerged.

A
Alex
5/24/2025 12:54:15 AM

Can I trust to this source?

S
SPriyak
3/17/2025 11:08:37 AM

can you please provide the CBDA latest test preparation

C
Chandra
11/28/2024 7:17:38 AM

This is the best and only way of passing this exam as it is extremely hard. Good questions and valid dump.

S
Sunak
1/25/2025 9:17:57 AM

Can I use this dumps when I am taking the exam? I mean does somebody look what tabs or windows I have opened ?

F
Frank
2/15/2024 11:36:57 AM

Finally got a change to write this exam and pass it! Valid and accurate!

A
Anonymous User
2/2/2024 6:42:12 PM

Upload this exam please!

N
Nicholas
2/2/2024 6:17:08 PM

Thank you for providing these questions. It helped me a lot with passing my exam.

T
Timi
8/19/2023 5:30:00 PM

my first attempt

B
Blessious Phiri
8/13/2023 10:32:00 AM

very explainable

M
m7md ibrahim
5/26/2023 6:21:00 PM

i think answer of q 462 is variance analysis

T
Tehu
5/25/2023 12:25:00 PM

hi i need see questions

A
Ashfaq Nasir
1/17/2024 1:19:00 AM

best study material for exam

R
Roberto
11/27/2023 12:33:00 AM

very interesting repository

N
Nale
9/18/2023 1:51:00 PM

american history 1

T
Tanvi
9/27/2023 4:02:00 AM

good level of questions

B
Boopathy
8/17/2023 1:03:00 AM

i need this dump kindly upload it

S
s_123
8/12/2023 4:28:00 PM

do we need c# coding to be az204 certified

B
Blessious Phiri
8/15/2023 3:38:00 PM

excellent topics covered

M
Manasa
12/5/2023 3:15:00 AM

are these really financial cloud questions and answers, seems these are basic admin question and answers

N
Not Robot
5/14/2023 5:33:00 PM

are these comments real

K
kriah
9/4/2023 10:44:00 PM

please upload the latest dumps

E
ed
12/17/2023 1:41:00 PM

a company runs its workloads on premises. the company wants to forecast the cost of running a large application on aws. which aws service or tool can the company use to obtain this information? pricing calculator ... the aws pricing calculator is primarily used for estimating future costs

M
Muru
12/29/2023 10:23:00 AM

looks interesting

T
Tech Lady
10/17/2023 12:36:00 PM

thanks! that’s amazing

M
Mike
8/20/2023 5:12:00 PM

the exam dumps are helping me get a solid foundation on the practical techniques and practices needed to be successful in the auditing world.

AI Tutor 👋 I’m here to help!