CIMAPRA17-BA3-1 Exam - Topic 1 Question 81 Discussion

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

Question #: 81
Topic #: 1

[All CIMAPRA17-BA3-1 Questions]

Which of the following is the final document in the audit trail?

AReceipt

BPurchase order

CInvoice

DCredit note

Show Suggested Answer

Suggested Answer: A

by Ciara at Feb 11, 2024, 07:30 AM

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Lucina

3 months ago

Totally agree, the receipt wraps it all up!

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Frankie

3 months ago

Really? I always thought it was the invoice.

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Corinne

3 months ago

The final document is the receipt.

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Brandee

4 months ago

I thought it was the invoice.

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Carol

4 months ago

It's definitely the receipt!

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Gilma

4 months ago

I feel like the credit note might be the final document, especially if there are returns involved.

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Gail

4 months ago

I’m a bit confused; I thought the purchase order was important, but it seems like it comes earlier in the trail.

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Colby

4 months ago

I remember practicing a question like this, and I believe the receipt is usually the last step in the process.

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Augustine

5 months ago

I think the final document in the audit trail is the invoice, but I'm not completely sure.

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Corazon

5 months ago

I'm leaning towards the credit note as the final document. That would make sense if there were any issues or returns involved.

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Gladis

5 months ago

The invoice seems like the most logical choice here. That's usually the final document generated in an audit trail.

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Lashon

5 months ago

Hmm, I'm not sure about this one. The options seem pretty similar, so I'll have to think it through carefully.

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Wenona

5 months ago

I think the final document in the audit trail is the receipt, since that's the last step in the purchasing process.

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Allene

5 months ago

The purchase order is the first document in the process, so I don't think that's the final one. I'll have to weigh the other options.

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Margurite

5 months ago

Okay, I've got this. Adoption assistance is definitely a voluntary financial benefit program, so I'm going to go with option A.

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Michael

5 months ago

This seems like a good opportunity to apply my troubleshooting skills. I'll carefully review the scenario, the exhibit, and the available options to determine the most likely solution.

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Wai

5 months ago

I think option B sounds right based on what I practiced. If a donor retains an interest in the property, it usually does get included in the gross estate, right?

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Basilia

5 months ago

I think expert power could also apply, since he's a qualified chartered management accountant, even if he's not very experienced yet.

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Kenneth

5 months ago

I remember something about needing to add an external subnet for the External EPG flag—could that be one of the steps?

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Vi

9 months ago

The credit note? That's like the encore at the end of a concert. It's gotta be the invoice, folks. Trust me, I've been to enough audits to know this stuff.

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Linwood

10 months ago

The purchase order? Really? That's just the start of the process. The invoice has got to be the final document in the audit trail. It's like the grand finale, you know?

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Cheryl

8 months ago

Yeah, the invoice is the final piece that completes the audit trail.

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Crista

8 months ago

I agree, the invoice is like the grand finale of the audit trail.

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Lyla

9 months ago

Purchase order is just the beginning, the invoice is definitely the final document.

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Vanesa

10 months ago

I'm going with the receipt. That's the final piece of evidence that the transaction was completed, right? Plus, it's the easiest to keep track of.

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Jules

9 months ago

I agree with you, the receipt is the final document that proves the transaction took place.

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Cherilyn

9 months ago

I'm going with the credit note. It's the final document that records any adjustments made to the transaction.

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Jennifer

9 months ago

I think it's the invoice. That's the final document that shows the details of the transaction.

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Iola

10 months ago

Hmm, I'm not so sure. I think the credit note might be the final document in the audit trail. That's the one that wraps up the whole process, isn't it?

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