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CIMAPRA17-BA3-1 Exam - Topic 3 Question 111 Discussion

Actual exam question for CIMA's CIMAPRA17-BA3-1 exam
Question #: 111
Topic #: 3
[All CIMAPRA17-BA3-1 Questions]

A business will maintain a non-current asset register to keep a record of all non-current assets held.

Which THREE of the following are examples of information contained within the register?

Show Suggested Answer Hide Answer
Suggested Answer: A, B, E

by Stefany at Apr 29, 2025, 01:35 PM

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Lucille
2 months ago
Purchase date is a must-have for tracking!
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Carin
2 months ago
Wait, do they really keep insurance cost details? Seems odd.
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Dell
2 months ago
Cost of asset is definitely in there.
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Lenny
3 months ago
Totally agree, useful economic life is key info too!
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Tijuana
3 months ago
Maintenance cost details? Not sure if that's standard practice.
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Virgina
3 months ago
The purchase date seems like a basic piece of information that should be included, but I can't recall if the proposed date of sale is standard practice.
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Lucina
3 months ago
I feel like insurance cost details might not be part of the non-current asset register, but it could be relevant for overall asset management.
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Nu
4 months ago
I remember we discussed useful economic life in class, so I feel confident that’s one of the answers.
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My
4 months ago
I think the cost of the asset is definitely included in the register, but I'm not sure about the maintenance costs.
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King
4 months ago
I'm a bit confused about the "proposed date of sale" option. I'm not sure if that would typically be included in a non-current asset register, since it's more of a future plan rather than a current record of the asset.
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Tarra
4 months ago
I think the insurance cost details and maintenance cost details would also be good options to include in the non-current asset register. I'll make sure to select those as well.
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Erick
4 months ago
Okay, let's see. The cost of the asset, the useful economic life, and the purchase date seem like obvious choices. I'll start with those and see if I can find two more.
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Vannessa
5 months ago
Hmm, I'm not entirely sure about this one. I'll need to carefully review the options and think through what kind of details a non-current asset register would typically include.
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Judy
5 months ago
This seems pretty straightforward. The key is to identify the three examples of information contained in the non-current asset register.
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