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

Free CIMA CIMAPRA17-BA3-1 Real Questions (page: 5)

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



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

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.

N
Nobody
9/18/2023 6:35:00 PM

q 14 should be dmz sever1 and notepad.exe why does note pad have a 443 connection

AI Tutor 👋 I’m here to help!