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CIMAPRA17-BA3-1 Exam - Topic 1 Question 18 Discussion

Actual exam question for CIMA's CIMAPRA17-BA3-1 exam
Question #: 18
Topic #: 1
[All CIMAPRA17-BA3-1 Questions]

AB sold a machine for $15,000 The machine had originally cost $160,000 and al the dale of disposal had a carrying value of $26,000.

The journal entry lo record this disposal is:

A)

B)

C)

D)

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Suggested Answer: A

by Albina at May 06, 2022, 08:31 AM

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Brock
4 months ago
Not sure about that, seems off to me.
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Nada
4 months ago
I think Option C looks right.
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Rozella
4 months ago
Wait, how did it lose so much value?
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Merlyn
4 months ago
Definitely a loss on that sale!
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Maybelle
5 months ago
Sold for $15k, cost was $160k.
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Nelida
5 months ago
Ah, this is an important concept in modern software development. Decoupling deployment from release allows you to be more responsive to business needs and deploy changes quickly without necessarily releasing them.
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Roselle
5 months ago
This question seems straightforward. I think discrimination training would be appropriate for scenario A, where the behavior is specific to one setting.
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Simona
5 months ago
I feel confident about this one. Convertible bonds are definitely a marketable security, so the answer must be D. I'll mark that and move on.
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