Some tips &Notice
During you practice with BA3 test questions, you can mark the most important and difficult points, and exchange them with friends, which can speed up you process and build up confidence, before get down to business, look through the whole contents of BA3 test engine quickly, which can help you be familiar with questions. Hope you can pass the CIMA CIMA Certificate test smoothly. After placing your order successfully, then you can download exam dumps or system will send you BA3 test questions in a few hours. Once you received our products, you just need to spend one or two days to practice questions and repeat the answers of BA3 pass king materials. (In case you do not receive any massage, please notice us at your available time, do not forget to check junk mailbox.)
After purchase, Instant Download: Upon successful payment, Our systems will automatically send the product you have purchased to your mailbox by email. (If not received within 12 hours, please contact us. Note: don't forget to check your spam.)
The features of three-type- products: PDF & Software & APP version
All these types of products are the newest version of authorized exam dumps materials for CIMA CIMA Certificate exam. You can tell according to updating version NO. on website. Here we want to introduce the BA3 set especially to you---A desirable version supporting browse on the web included many questions. You can pay only dozens of money for it with some discount. As the main provider of BA3 pass king materials, we recommend this kind of version to customers. When we updates questions, we shall instantly send you related details about BA3 test questions to you Email box, give customers heartfelt service, or you can contact with customer service for them. Besides the full refund guarantee, we also promise send you the latest BA3 test engine questions even you pass the test, so you can realize any tiny changes.
Long-term cooperation with customers
If you enjoy a comfortable and satisfying purchasing service of BA3 test questions, we hope you can still choose us when you need other products. We pay important attention to honor and reputation, so it is our longtime duty to do better about our BA3 test engine, and that is what we are proud of. After receiving feedback of former customers, they inspired us and made us do better. They also recommend BA3 test questions to people around them. We earn this by accuracy of practice dumps, so do not need to worry about quality and trust us as friends who help you get over problems. We regard the pass of your test exam as our business, and send you intimate service. If you get a satisfying experience about BA3 test dumps this time, expect your preference next time.
About our BA3 test questions, it is one of authorized test materials for candidates who hold ambitious aims in the area. So we give you a brief introduction of BA3 test engine as follows:
CIMA BA3 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Preparation of Accounts for Single Entities | 30% | - Adjustments and inventory/cost of sales entries - Prepare financial statements from trial balance |
| Topic 2: Accounting Principles, Concepts and Regulations | 10% | - Principles and concepts of financial accounting - Regulatory and conceptual framework |
| Topic 3: Analysis of Financial Statements | 10% | - Calculate basic financial ratios - Interpret accounting ratios and performance |
| Topic 4: Recording Accounting Transactions | 50% | - Prepare accounting records - Reconciliations and control accounts - Record transactions using double-entry bookkeeping |
CIMA Fundamentals of Financial Accounting Sample Questions:
Question 1
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:
A. $13,125 credit
B. $13,125 debit
C. $15,422 debit
D. $15,422 credit
Question 2
MHJ purchased an asset for £53,500, which incurred a delivery charge of £20,000. MHJ decided to set a depreciation rate of 15% per annum for the asset.
In its second year, the asset is re-valued at 180% of the net carrying value of the previous year.
What will be the asset's net carrying amount by the end of its second year?
A. £53,101.20
B. £95,586.75
C. £81,248.74
D. £7 72,455.00
Question 3
Refer to the exhibit.
The trial balance of Monchu Partnership, as at 30 June 2006, has a suspense account. Subsequent investigations revealed that:
(1) A payment of £352 to Mr. Tan was posted as £325.
(2) A remittance of £450 received from Arumugam was credited to Armits accounts.
(3) Salaries of £12000 have not been posted from the cash book.
Monchu suggested the following adjustments:
The appropriate journal entries are:
A. (b), (d) and (f) only
B. (b) and (f) only
C. (a), (c) and (e) only
D. (b), (e) and (f) only
Question 4
Refer to the exhibit.
A business has the following trading account for its most recent year:
What is its rate of inventory turnover for the year?
A. 9 times
B. 4.9 times
C. 7.5 times
D. 5.3 times
Question 5
A club receives subscriptions during 2006 of £4600. Of these £500 related to subscriptions in respect of 2005 and £400 related to subscriptions in advance for 2007.
The accounts for 2005 included an accrual of £600 for subscriptions in arrears; the balance of £100 which has still not been received, should be written off.
The figure for subscriptions in the income and expenditure account for 2006 will be
Solutions:
| Question 1 Answer: A | Question 2 Answer: B | Question 3 Answer: B | Question 4 Answer: B | Question 5 Answer: Only visible for members |
