Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

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.

Show Suggested Answer Hide Answer
Suggested Answer: A

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

Limited Time Offer

25%

Off

Get Premium CIMAPRA17-BA3-1 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

0/2000 characters
Submit Cancel
Johna
15 days ago
Wait, how can there be a profit and a loss at the same time?
upvoted 0 times
...
Elliot
20 days ago
I think it's option B, that makes the most sense.
upvoted 0 times
...
Amina
25 days ago
The net book value difference is 20,000.
upvoted 0 times
...
Pok
1 month ago
I’m surprised by how much detail is in this question!
upvoted 0 times
...
Ardella
1 month ago
Definitely not option D, that doesn't add up.
upvoted 0 times
...
Fatima
1 month ago
Wait, how can there be a profit and a loss at the same time?
upvoted 0 times
...
Susana
2 months ago
I think it's option B, makes the most sense.
upvoted 0 times
...
Marguerita
2 months ago
The net book value difference is 20,000.
upvoted 0 times
...
Lashon
2 months ago
I feel like option C makes sense because a loss on disposal could explain the discrepancy, but I’m not entirely confident.
upvoted 0 times
...
Sherrell
2 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?
upvoted 0 times
...
Kenneth
2 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.
upvoted 0 times
...
Margurite
2 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.
upvoted 0 times
...

Save Cancel