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CIMA CIMAPRA17-BA3-1-ENG Online Practice Exam Questions
The questions of CIMAPRA17-BA3-1-ENG were last updated on Apr 24,2024 .
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DRAG DROP CDE, an entity registered for sales tax, purchases a piece of equipment for cash on 31 December 20X6 for $30,000 including sales tax. The sales tax rate is 20%. What is the journal entry required to record this transaction in the nominal ledger? Place the labels in the corresponding position in the table below:
MNO operates an imprest system to maintain a float of petty cash of 5100 At the end of the week the petty cash expense vouchers total $76 and there is $36 cash in the float. Which of the following, taken independently, would explain this difference of $10?
Which of the following would require an adjustment to be made to the cash book? (a) Unpresented cheques (b) Receipts not yet credited by the bank (c) A dishonoured cheque (d) Bank charges
An organization restores its petty cash balance to £350 at the end of each month. During October, the total expenditure column in the petty cash book was calculated as being £310, and hence the impress was restored by this amount. The analysis columns, which had been posted to the nominal ledger, totaled only £300. This error would result in:
Which one of the following attributes is the most important for any code to possess, in order to be of use in an accounting system?
Exam Code: CIMAPRA17-BA3-1-ENGQ & A: 393 Q&AsUpdated: Apr 24,2024
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