CIMAPRA17-BA3-1 Exam Dumps

Get All BA3 - Fundamentals of Financial Accounting Exam Questions with Validated Answers

CIMAPRA17-BA3-1 Pack
Vendor: CIMA
Exam Code: CIMAPRA17-BA3-1
Exam Name: BA3 - Fundamentals of Financial Accounting
Exam Questions: 393
Last Updated: November 20, 2025
Related Certifications: CIMA Certificate in Business Accounting
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Free CIMA CIMAPRA17-BA3-1 Exam Actual Questions

Question No. 1

Refer to the exhibit.

A company has the following equity balances at the beginning of the year

During the year the company made a bonus issue of 1 for 4 shares

What are the equity balances after this issue?

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Correct Answer: B

Question No. 2

What will be the effect on the financial statements if the closing inventory figure is decreased?

Show Answer Hide Answer
Correct Answer: D

Question No. 3

Select the THREE INCORRECT statements from the following list of statements about memorandum accounts:

Show Answer Hide Answer
Correct Answer: B, C, D

Question No. 4

Refer to the exhibit.

Harvey commenced business with capital of $50,000. At the end of the first financial year, he has

What was the profit for the period?

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Correct Answer: B

Question No. 5

Fraud can be conducted by employees or management. Management fraud can be hard to detect and may not seem like fraud at all as often company performance improves.

Which ONE of the following would be an example of management fraud?

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Correct Answer: B

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