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CIMAPRA19-F01-1 Exam - Topic 2 Question 116 Discussion

Actual exam question for CIMA's CIMAPRA19-F01-1 exam
Question #: 116
Topic #: 2
[All CIMAPRA19-F01-1 Questions]

From the list below identify the item that appears in the statement of financial position.

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Suggested Answer: B

by Sage at Aug 17, 2025, 06:20 PM

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Tamekia
2 months ago
C and D are just transactions, not on the statement.
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Laura
2 months ago
I agree, B is the right choice!
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Andree
3 months ago
Wait, are we sure it's not A? Interest seems important too.
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Tracey
3 months ago
B is the only one that fits the balance sheet criteria!
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Lashawnda
3 months ago
Definitely B, that's the loans outstanding at year end.
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Cherry
3 months ago
I feel like the loans repaid during the year wouldn't be on the statement, so it must be the outstanding amount.
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Xuan
4 months ago
I'm a bit confused; I thought the statement of financial position only included assets and liabilities, but I guess loans outstanding fits that.
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Natalya
4 months ago
I remember practicing a similar question, and I believe it's definitely not the interest charged or paid, but the outstanding loans.
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Margret
4 months ago
I think the statement of financial position includes the amount of loans outstanding at year end, but I'm not completely sure.
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Mollie
4 months ago
I'm a little confused by the wording of the options. Are they all related to loans? I'll need to re-read the question and think about which one of these would be a balance sheet item.
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Micah
4 months ago
Okay, I've got this. The balance sheet shows the financial position of a company at a specific point in time, so the amount of loans outstanding at the end of the year would be the correct answer. I'm confident in that.
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Terry
5 months ago
Hmm, I'm a bit unsure about this one. The options seem to be related to loans, but I'm not sure which one would be on the balance sheet specifically. I'll have to think this through carefully.
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Hannah
5 months ago
This looks like a straightforward financial statement question. I'll focus on identifying the item that appears on the statement of financial position, which is the balance sheet.
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Lizbeth
5 months ago
B) The amount of loans outstanding at the year end. Yep, that's the one. The statement of financial position is all about the current state of the business, not the flows during the year.
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Wynell
5 months ago
A) The amount of interest charged on loans during the year. That's an income statement item, not a balance sheet one.
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Marylin
5 months ago
D) The amount of interest actually paid during the year. This is a cash flow statement item, not a balance sheet item.
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Domingo
2 months ago
Right, interest paid is not on the balance sheet.
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Stefanie
2 months ago
A cash flow statement item is different.
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Elli
2 months ago
Exactly! That's a balance sheet item.
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Tandra
2 months ago
B) The amount of loans outstanding at the year end.
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Francis
6 months ago
I think it's B too, because the statement of financial position shows the financial position of a company at a specific point in time.
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Hubert
6 months ago
B) The amount of loans outstanding at the year end. This seems like the most logical answer since the statement of financial position would show the current loan balances.
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Myong
6 months ago
B) The amount of loans outstanding at the year end.
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