Explore Free CIMA Certificate in Business Accounting CIMAPRA17-BA3-1 Practice Questions for Exam Mastery

Get a glimpse of the real CIMAPRA17-BA3-1 certification exam challenges with our free CIMAPRA17-BA3-1 practice test questions.

Question 1

GH operates an imprest system for petty cash, maintaining a float of $250 The following petty cash book extract is available for a week in March 20X6:

q1_CIMAPRA17-BA3-1

How much does GH need to transfer from the bank account at the end of this week In order to maintain the imprest system?

Correct Answer: 1

A

Question 2

Which of the following is an error of principle?

Correct Answer: 2

B

Question 3

In accordance with IAS 7 Statements of Cash Flow, which TWO of the following are cash flows presented as investing activities?

Correct Answer: 3

A, E

Question 4

Which TWO of the following are treated as statutory deductions from an employee's gross salary?

Correct Answer: 4

B, D

Question 5

Which of the following transactions in the current year explains a reason for an increase in the gearing ratio of an entity from 35% last year to 45% this year?

Correct Answer: 5

A

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