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CIMAPRA17-BA3-1 Exam - Topic 1 Question 122 Discussion

At the end of the year, the non-current asset register showed assets with a net book value of 170,300. The non-current asset accounts in the nominal ledger showed a net book value of 150,300.The difference could be due to a disposed asset not having been removed from the non-current asset register, which had.
A) Disposal proceeds of 25,000 and a profit on disposal of 5,000
B) Disposal proceeds of 25,000 and a net book value of 5,000
C) Disposal proceeds of 25,000 and a loss on disposal of 5,000
D) Disposal proceeds of 10,000 and a net book value of 10,000

CIMAPRA17-BA3-1 Exam - Topic 1 Question 122 Discussion

Actual exam question for CIMA's CIMAPRA17-BA3-1 exam
Question #: 122
Topic #: 1
[All CIMAPRA17-BA3-1 Questions]

At the end of the year, the non-current asset register showed assets with a net book value of 170,300. The non-current asset accounts in the nominal ledger showed a net book value of 150,300.

The difference could be due to a disposed asset not having been removed from the non-current asset register, which had.

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Suggested Answer: A

by Brittni at Mar 04, 2026, 05:14 AM

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Chauncey
3 days ago
I lean towards option C. Loss on disposal fits the difference.
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Rolland
8 days ago
I think it's option B. Makes sense with the values.
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Chantell
13 days ago
I'm with option D. The numbers add up nicely for that choice.
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Kenda
19 days ago
Option A seems right. Profit on disposal is logical here.
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Glenn
24 days ago
I lean towards option C. A loss on disposal fits the difference.
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Annett
29 days ago
I think option B makes sense. The net book value matches.
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Jarvis
1 month ago
I prefer option D. It’s straightforward with equal values.
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Alyce
1 month ago
Option A seems plausible too. Profit on disposal could explain it.
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Torie
1 month ago
I lean towards option C. A loss on disposal fits the scenario.
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Dong
2 months ago
I think option B makes sense. The net book value matches the difference.
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Jerrod
2 months ago
Definitely a disposal issue, but I lean towards option C.
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Adelina
2 months ago
I’m not sure about that, seems like a mistake in the register.
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Johna
4 months ago
Wait, how can there be a profit and a loss at the same time?
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Elliot
4 months ago
I think it's option B, that makes the most sense.
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Amina
4 months ago
The net book value difference is 20,000.
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Pok
4 months ago
I’m surprised by how much detail is in this question!
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Ardella
4 months ago
Definitely not option D, that doesn't add up.
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Fatima
4 months ago
Wait, how can there be a profit and a loss at the same time?
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Susana
5 months ago
I think it's option B, makes the most sense.
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Marguerita
5 months ago
The net book value difference is 20,000.
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Lashon
5 months ago
I feel like option C makes sense because a loss on disposal could explain the discrepancy, but I’m not entirely confident.
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Sherrell
5 months ago
If the asset was disposed of and the net book value was 5,000, then the proceeds would have to be 25,000 for option B to make sense, right?
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Kenneth
5 months ago
I think the difference of 20,000 between the registers suggests that an asset was disposed of, but I can't recall how to determine the right option.
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Margurite
5 months ago
I remember we practiced a similar question about asset disposals, but I’m not sure if the profit or loss affects the net book value directly.
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