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CIMA BA3 Exam With Confidence Using Practice Dumps

Exam Code:
BA3
Exam Name:
Fundamentals of financial accounting
Certification:
Vendor:
Questions:
393
Last Updated:
Oct 27, 2026
Exam Status:
Stable
CIMA BA3

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

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Fundamentals of financial accounting Questions and Answers

Question 1

A company is preparing its accounts to 30 November. The latest gas bill received by the company was dated 30 September and included usage charges for the quarter 1 June to 31 August of $5,700 and a service charge of $1,200 for the quarter 1 October to 31 December. It is estimated that the gas bill for the following quarter will be a similar amount.

What will be the amount of the accrual shown in the accounts at 30 November 2006?

Options:

A.

$5,300

B.

$3,400

C.

$3,800

D.

$4,900

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Question 2

Goodwill is calculated as being:

Options:

A.

The excess of the purchase price of an acquired business over the fair value of its separable net assets

B.

The excess of the true value of a business over the net book value of its separable net assets

C.

The excess of the purchase price of an acquired business over the net book value of its separable net assets

D.

The increase in the value of non-current assets as a result of revaluation

Question 3

GH has the following transactions for the week of January 20X8:

GH is not registered for sales tax

What is the total of the sales day book for this week? Give your answer to the nearest whole number:

Options: