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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:
Jul 16, 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

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:

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Question 2

The financial accounts, as prepared by the directors of a company, are required to show a 'true and fair view'. This means that:

Options:

A.

The accounts are accurate

B.

The accounts are prepared in accordance with the Companies Act and comply with relevant reporting standards

C.

The accounts contain no fraudulent transactions

D.

No errors were detected during the audit of the accounts

Question 3

A company has total equity of $350,000 and a 5% debenture of $150,000. The net profit before interest for the period was $60,000.

The return on equity is

Options:

A.

12%

B.

17.14%

C.

15%

D.

10.5%