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CIMAPRA17-BA3-1 Exam - Topic 1 Question 6 Discussion

VWX is registered for sales tax in Country B A sales invoice to its mam customer shows the following information:What journal entry will WVX process to record this transaction in its nominal ledger?A)B)C)D)
B) Option B
A) Option A
C) Option C
D) Option D

CIMAPRA17-BA3-1 Exam - Topic 1 Question 6 Discussion

Actual exam question for CIMA's CIMAPRA17-BA3-1 exam
Question #: 6
Topic #: 1
[All CIMAPRA17-BA3-1 Questions]

VWX is registered for sales tax in Country B A sales invoice to its mam customer shows the following information:

What journal entry will WVX process to record this transaction in its nominal ledger?

A)

B)

C)

D)

Show Suggested Answer Hide Answer
Suggested Answer: B

by Stephane at May 04, 2022, 02:45 PM

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Douglass
10 months ago
Not convinced that’s the right entry, seems off.
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Onita
10 months ago
Definitely going with Option C!
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Alise
11 months ago
Wait, are we sure about the sales tax rate here?
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Jean
11 months ago
I think Option A is the right choice.
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Annette
11 months ago
Option B looks correct based on the tax details.
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Aliza
11 months ago
Hmm, I'm not totally sure about this one. Is it asking about the level of governance for individual projects, or for the overall program? I'll have to think this through carefully.
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Andra
11 months ago
I'm pretty confident about this one. The quality review technique is used to check a product's fitness for purpose, so option A is true. I'll double-check the other options to find the false statement.
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