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CIMAPRA17-BA3-1 Exam - Topic 3 Question 131 Discussion

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

Question #: 131
Topic #: 3

[All CIMAPRA17-BA3-1 Questions]

The financial accounts, as prepared by the directors of a company, are required to show a 'true and fair view'. This means that:

AThe accounts are accurate

BThe accounts are prepared in accordance with the Companies Act and comply with relevant reporting standards

CThe accounts contain no fraudulent transactions

DNo errors were detected during the audit of the accounts

Show Suggested Answer

Suggested Answer: B

by Chaya at Aug 16, 2026, 01:30 AM

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Lelia

4 days ago

I feel like C could also be relevant because a true and fair view should imply no fraudulent transactions, but I'm not completely confident.

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Lyndia

9 days ago

I think it might be B, since it mentions compliance with the Companies Act and reporting standards, which we practiced in similar questions.

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Solange

14 days ago

I remember discussing the 'true and fair view' concept in class, but I'm not entirely sure which option it aligns with.

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