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CIMA Exam CIMAPRA17-BA3-1 Topic 2 Question 112 Discussion

Actual exam question for CIMA's CIMAPRA17-BA3-1 exam
Question #: 112
Topic #: 2
[All CIMAPRA17-BA3-1 Questions]

A trial balance should be extracted from the ledger accounts prior to preparing the final accounts because:

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Suggested Answer: A

Contribute your Thoughts:

Herman
22 days ago
Haha, this question's a real laugh riot. It's like asking if the sky is blue - A is the clear winner here, my friends.
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Becky
13 days ago
A) It confirms the arithmetical accuracy of the entries made in the ledger accounts
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Ona
27 days ago
This is easy, folks. A trial balance is all about keeping those books balanced, plain and simple. Option A is the way to go, no doubt.
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Amira
30 days ago
D, all the way. Ain't no shame in finding those pesky errors, am I right?
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A) It confirms the arithmetical accuracy of the entries made in the ledger accounts
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Ozell
6 days ago
D) It shows where errors have been made
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Shala
17 days ago
A) It confirms the arithmetical accuracy of the entries made in the ledger accounts
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Iluminada
1 months ago
C) It provides a summary of assets and liabilities, which is important for preparing the final accounts.
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Miriam
1 months ago
C seems like the obvious choice to me. Gimme that sweet, sweet summary of assets and liabilities!
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Leah
6 days ago
C: Definitely, it gives a clear summary of the company's financial position with assets and liabilities.
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Arminda
7 days ago
B: Yeah, it's important to make sure all the numbers add up correctly.
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Laurel
12 days ago
A: A trial balance should be extracted from the ledger accounts prior to preparing the final accounts because it confirms the arithmetical accuracy of the entries made in the ledger accounts.
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Gracia
2 months ago
I'm gonna have to go with B. Gotta make sure those entries are squeaky clean!
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Berry
30 days ago
I'm gonna have to go with B. Gotta make sure those entries are squeaky clean!
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Velda
1 months ago
B) It proves that the entries made in the ledger accounts are all correct
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Blondell
1 months ago
A) It confirms the arithmetical accuracy of the entries made in the ledger accounts
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Cristen
2 months ago
I agree with Ty, extracting a trial balance helps ensure the accuracy of the ledger accounts.
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Catarina
2 months ago
Option A is the way to go. It's all about double-checking those numbers, you know?
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Cristal
1 months ago
User 2: Definitely, it's crucial to confirm the accuracy of the ledger entries.
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Angelyn
1 months ago
User 1: I agree, option A is important for making sure everything adds up correctly.
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Ty
2 months ago
A) It confirms the arithmetical accuracy of the entries made in the ledger accounts
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