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CIMAPRA17-BA3-1 Exam - Topic 1 Question 12 Discussion

Actual exam question for CIMA's CIMAPRA17-BA3-1 exam

Question #: 12
Topic #: 1

[All CIMAPRA17-BA3-1 Questions]

Which THREE of the following would be recorded as a debit balance in the trial balance?

AIncome tax liability

BOpening inventory

CShare capital

DIncome tax expense

EDividends paid

FDividends received

Show Suggested Answer

Suggested Answer: A, B, D

by Merlyn at May 05, 2022, 04:50 AM

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Blondell

10 months ago

Not sure about that income tax liability being a debit...

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Darci

10 months ago

Opening inventory is a debit too, right?

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Britt

11 months ago

Wait, share capital as a debit? That sounds off.

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Dalene

11 months ago

Agree, dividends paid should also be a debit!

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Verona

11 months ago

Income tax expense is definitely a debit.

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Mattie

11 months ago

Okay, let's see. Concurrent engineering makes sense since it's all about integrating product and process design. Sequential engineering is more linear, so that doesn't seem to fit. Priority planning and VOC are more about gathering requirements, not the design process itself. I'm going to go with A, concurrent engineering.

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Owen

11 months ago

I'm not entirely sure, but I think this code could be vulnerable to race conditions. We discussed this concept in class last week.

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Mammie

11 months ago

This question seems similar to one we practiced. I think widgets might be key for displaying information across domains.

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