CertsTopics Logo

Winter Special - Limited Time 65% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: top65certs

CIMA BA3 Exam With Confidence Using Practice Dumps

Exam Code:
BA3
Exam Name:
Fundamentals of Financial Accounting
Certification:
CIMA Certificate
Vendor:
CIMA
Questions:
393
Last Updated:
Mar 4, 2025
Exam Status:
Stable
CIMA BA3

BA3: CIMA Certificate Exam 2025 Study Guide Pdf and Test Engine

Are you worried about passing the CIMA BA3 (Fundamentals of Financial Accounting) exam? Download the most recent CIMA BA3 braindumps with answers that are 100% real. After downloading the CIMA BA3 exam dumps training , you can receive 99 days of free updates, making this website one of the best options to save additional money. In order to help you prepare for the CIMA BA3 exam questions and verified answers by IT certified experts, CertsTopics has put together a complete collection of dumps questions and answers. To help you prepare and pass the CIMA BA3 exam on your first attempt, we have compiled actual exam questions and their answers. 

Our (Fundamentals of Financial Accounting) Study Materials are designed to meet the needs of thousands of candidates globally. A free sample of the CompTIA BA3 test is available at CertsTopics. Before purchasing it, you can also see the CIMA BA3 practice exam demo.

Get BA3 Full Access

Related CIMA Exams

Fundamentals of Financial Accounting Questions and Answers

Get Free BA3 Questions and Answers
Question 1

If an auditor expresses an opinion of `fair presentation' on a set of financial statements, this means:

Options:

A.

The financial statements do not contain any errors

B.

There is fraud taking place in the company

C.

The financial statements comply with the requirements of the Companies Act and accounting statements

D.

The financial statements have been audited by the internal auditors

Buy Now
Question 2

Your company provides a number of staff with lap-top computers, as well as pocket calculators. It capitalizes the cost of the computers and depreciates them over several years, but writes off the cost of the pocket calculators in full, against profits, in the period in which they are purchased.

The main justification for this difference in treatment is:

Options:

A.

Computers last longer than pocket calculators

B.

The company has always adopted this treatment, and therefore must be consistent with the treatment of previous periods

C.

The cost of pocket calculators is not material

D.

Pocket calculators do not decrease in value

Question 3

Refer to the Exhibit.

A company that is VAT-registered has the following transactions for the month of March.

All purchases were in respect of goods for resale and all items were subject to VAT at 17.5%.

Opening inventory was $16,200 and closing inventory was $18,400.

The movement on the VAT account for the period was:

Options:

A.

$13,125 debit

B.

$13,125 credit

C.

$15,422 debit

D.

$15,422 credit

Get Free BA3 Questions and Answers