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: February 24, 2026
Related Certifications: CIMA Certificate in Business Accounting
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Free CIMA CIMAPRA17-BA3-1 Exam Actual Questions

Question No. 1

Where a transaction is credited to the correct ledger account but debited to the purchases account instead of the fixed asset account, the error is known as an error of:

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Correct Answer: C

Question No. 2

Refer to the Exhibit.

A business banks its takings for the week. The bank account at the start of the week shows an overdraft

Which of the following is the dual effect?

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Correct Answer: C

Question No. 3

Refer to the exhibit.

ABC issued 200,000 $0.50 equity shares at a price of $1.80. This amount was received in cash

What is the correct journal to record this issue?

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Correct Answer: D

Question No. 4

A company has a debt/equity ratio of 50%. If the company's total equity is $750,000, what is the gearing ratio for the company?

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Correct Answer: A

Question No. 5

''To assure shareholders that the stewardship of the organization was effectively carried out.''

What does this definition describe?

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Correct Answer: C

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