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CIMA BA3 Exam With Confidence Using Practice Dumps

Exam Code:
BA3
Exam Name:
Fundamentals of Financial Accounting
Certification:
Vendor:
Questions:
393
Last Updated:
Jan 30, 2025
Exam Status:
Stable
CIMA BA3

BA3: CIMA Certificate Exam 2024 Study Guide Pdf and Test Engine

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Fundamentals of Financial Accounting Questions and Answers

Question 1

GH has the following transactions for the week of January 20X8:

GH is not registered for sales tax

What is the total of the sales day book for this week? Give your answer to the nearest whole number:

Options:

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Question 2

A company has total equity of $350,000 and a 5% debenture of $150,000. The net profit before interest for the period was $60,000.

The return on equity is

Options:

A.

12%

B.

17.14%

C.

15%

D.

10.5%

Question 3

Which ONE of the following does not apply to the preparation of management accounts?

Options:

A.

Prepared annually, summarizing financial performance

B.

Prepared frequently throughout the year

C.

Prepared mainly for internal users of accounting information

D.

Prepared to show the detailed costs of manufacturing and trading