Free Preparation Discussions
MENU
CIMAPRA17-BA3-1 Exam Questions
- Topic 1: Accounting Principles, Concepts and Regulations: This topic requires you to master the fundamental principles and concepts of financial accounting. Focus on understanding how the regulatory framework shapes financial reporting practices, which is critical for accurate and compliant accounting. This knowledge is essential for the CIMAPRA17-BA3-1 exam, where aspiring CIMA business accountants will be expected to apply these principles in practical scenarios.
- Topic 2: Recording Accounting Transactions: In this topic, business accountants will learn to accurately prepare accounting records and reconciliations, vital for ensuring the integrity of financial data. Understanding how the regulatory framework impacts these records is also crucial. This will prepare you for exam questions focused on transaction recording and compliance.
- Topic 3: Preparation of Accounts for Single Entities: This CIMA CIMAPRA17-BA3-1 exam topic covers the preparation of accounting records, manufacturing accounts, and financial statements for a single entity. Mastery here is the key for the exam, as you will be tested on your ability to compile accurate financial statements from raw data, a critical skill for business accountants.
- Topic 4: Analysis of Financial Statements: In this topic, the CIMAPRA17-BA3-1 exam focuses on identifying and calculating basic accounting ratios, which are essential for financial analysis. Understanding these ratios will enable you to interpret financial statements effectively, a crucial skill that the CIMA BA3 - Fundamentals of Financial Accounting exam will assess.
Free CIMA CIMAPRA17-BA3-1 Exam Actual Questions
Note: Premium Questions for CIMAPRA17-BA3-1 were last updated On May. 06, 2026 (see below)
Refer to the Exhibit.
Your organization bought a machine for 50,000 at the beginning of year 1, which had an expected useful life of four years and an expected residual value of 10,000; the machine was depreciated on the straight-line basis.
At the beginning of year 4, the machine was sold for 13,000
The total amount of depreciation charged to the income statement over the life of the machine, and the amount of profit or loss on disposal was:
The answer is:
Refer to the Exhibit.
Which of the following would be the opening balance on the bank ledger account?
At the end of the year, the non-current asset register showed assets with a net book value of 170,300. The non-current asset accounts in the nominal ledger showed a net book value of 150,300.
The difference could be due to a disposed asset not having been removed from the non-current asset register, which had.
The Subscriptions Receivable account of a club commenced the year with subscriptions in arrears of 250 and subscriptions in advance of 375.
During the year 62,250 was received in subscriptions, including 200 of the arrears, and 600 for next year's subscriptions. Subscriptions still owing at the end of the year amounted to 180.
The amount to be taken to the Income and Expenditure for the year is
- Select Question Types you want
- Set your Desired Pass Percentage
- Allocate Time (Hours : Minutes)
- Create Multiple Practice tests with Limited Questions
- Customer Support
Jeffrey Rogers
18 days agoBarbara Harris
3 days agoDennis Roberts
7 days agoTimothy Cook
9 days agoEdward Turner
11 days agoMaria King
2 days agoDennis Stewart
12 days agoLino
1 month agoTroy
1 month agoKati
2 months agoBrandee
2 months agoReynalda
2 months agoChristene
3 months agoSabra
3 months agoGalen
3 months agoVicki
3 months agoZack
4 months agoMary
4 months agoFrance
4 months agoChrista
4 months agoEileen
5 months agoDudley
5 months agoSimona
5 months agoMaryanne
5 months agoIzetta
6 months agoVince
6 months agoXenia
6 months agoNobuko
6 months agoWilliam
7 months agoShenika
7 months agoJolanda
7 months agoAlesia
7 months agoShawnda
8 months agoCoral
8 months agoElouise
8 months agoLera
10 months agoNaomi
11 months agoSheridan
1 year agoBasilia
1 year agoNguyet
1 year agoStevie
1 year agoDanica
1 year agoJeannetta
1 year agoAnnmarie
1 year agoNatalya
1 year agoLili
2 years agoLucille
2 years agoSonia
2 years agoAllene
2 years agoGerry
2 years agoMarshall
2 years agoKasandra
2 years agoHerschel
2 years agoGerardo
2 years agoGalen
2 years agoTequila
2 years ago