CIMA Exam CIMAPRA17-BA3-1 Topic 3 Question 108 Discussion

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

Question #: 108
Topic #: 3

Refer to the Exhibit.

The Financial Accountant for a company is preparing the monthly bank reconciliation and has extracted the following information:

The correct cash book balance at the month end will be:

A$42,870

B$41,960

C$44,610

D$29,140

Show Suggested Answer

Suggested Answer: D

by Celia at Mar 06, 2025, 11:39 PM

Limited Time Offer

25%

Off

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

Contribute your Thoughts:

Submit Cancel

Precious

3 months ago

If only the bank would just send me the correct balance to begin with, this would be a breeze. Oh well, time to put on my thinking cap and solve this puzzle.

upvoted 0 times

An

2 months ago

I agree, it's always a challenge to reconcile the bank statement with the cash book.

upvoted 0 times

...

Louis

3 months ago

I think the correct cash book balance is $42,870.

upvoted 0 times

...

Amos

3 months ago

I know, it would be so much easier if the bank got it right the first time.

upvoted 0 times

...

Johnson

3 months ago

Bank reconciliations? More like bank-ruption, am I right? Just kidding, I've got this. Time to put on my forensic accountant hat and get to the bottom of this.

upvoted 0 times

...

Benedict

4 months ago

Hmm, let me pull out my trusty calculator and work through this step-by-step. Ah, I see the issue now - that pesky outstanding check is throwing off the balance. I'll nail this one!

upvoted 0 times

Viola

2 months ago

User 3: Let me double-check my calculations, I also got option B) $41,960.

upvoted 0 times

...

Tamala

2 months ago

User 2: Are you sure? I calculated it differently and got option C) $44,610.

upvoted 0 times

...

Adolph

2 months ago

User 1: I think I got the answer, it's option B) $41,960.

upvoted 0 times

...

Natalie

3 months ago

Cherelle: $42,870.

upvoted 0 times

...

Cherelle

3 months ago

User 2: What did you come up with?

upvoted 0 times

...

Leota

3 months ago

User 1: I think I got the correct cash book balance.

upvoted 0 times

...

Annice

4 months ago

Ugh, I hate these bank reconciliation questions. They always make me second-guess myself. I'm just going to go with my gut and hope for the best.

upvoted 0 times

Rueben

2 months ago

I always feel relieved when I get the correct balance in the end.

upvoted 0 times

...

Arthur

3 months ago

I agree, it's better to be safe than sorry.

upvoted 0 times

...

Diane

3 months ago

I think it's important to double-check your work to be sure.

upvoted 0 times

...

Jesusita

4 months ago

I know what you mean, bank reconciliations can be tricky.

upvoted 0 times

...

Gennie

4 months ago

This seems like a straightforward bank reconciliation question. I'll need to carefully reconcile the cash book balance with the bank statement to determine the correct month-end balance.

upvoted 0 times