Summer Certification Sale 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: save70

CIMA BA3 Exam With Confidence Using Practice Dumps

Exam Code:
BA3
Exam Name:
Fundamentals of financial accounting
Certification:
Vendor:
Questions:
393
Last Updated:
Jul 13, 2026
Exam Status:
Stable
CIMA BA3

BA3: CIMA Certificate Exam 2025 Study Guide Pdf and Test Engine

Are you worried about passing the CIMA BA3 (Fundamentals of financial accounting) exam? Download the most recent CIMA BA3 braindumps with answers that are 100% real. After downloading the CIMA BA3 exam dumps training , you can receive 99 days of free updates, making this website one of the best options to save additional money. In order to help you prepare for the CIMA BA3 exam questions and verified answers by IT certified experts, CertsTopics has put together a complete collection of dumps questions and answers. To help you prepare and pass the CIMA BA3 exam on your first attempt, we have compiled actual exam questions and their answers. 

Our (Fundamentals of financial accounting) Study Materials are designed to meet the needs of thousands of candidates globally. A free sample of the CompTIA BA3 test is available at CertsTopics. Before purchasing it, you can also see the CIMA BA3 practice exam demo.

Fundamentals of financial accounting Questions and Answers

Question 1

If closing inventory at the end of an accounting period is overvalued by £2000 and no adjustment is made, the net profit in the following accounting period will be:

Options:

A.

£2,000 overstated

B.

£2,000 understated

C.

£4,000 overstated

D.

£4,000 understated

Buy Now
Question 2

Life membership fees payable to a club or society are usually dealt with by:

Options:

A.

Crediting the total received to the income and expenditure account in the year in which they are received

B.

Debiting the total received to the income and expenditure account in the year in which they are received

C.

Debiting the total received to a Life Memberships account and transferring a proportion each year to the income and expenditure account

D.

Crediting the total received to a Life Memberships account and transferring a proportion each year to the income and expenditure account

Question 3

Refer to the exhibit.

The trial balance of Monchu Partnership, as at 30 June 2006, has a suspense account. Subsequent investigations revealed that:

(1) A payment of £352 to Mr. Tan was posted as £325.

(2) A remittance of £450 received from Arumugam was credited to Armits accounts.

(3) Salaries of £12000 have not been posted from the cash book.

Monchu suggested the following adjustments:

The appropriate journal entries are:

Options:

A.

(a), (c) and (e) only

B.

(b), (d) and (f) only

C.

(b) and (f) only

D.

(b), (e) and (f) only