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

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Gennie

1 days 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.

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Nadine

8 days ago

I agree with Hollis, the correct balance should be $41,960 after considering the outstanding checks.

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Hollis

9 days ago

I disagree, I believe it will be $41,960 because of the outstanding checks.

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Arletta

11 days ago

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

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