Cima certshero free Ba3 Updates by Bowie q79 vce pdf

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Exam Name:	Fundamentals of financial accounting
Exam Code:	BA3 Dumps
Vendor:	CIMA	Certification:	CIMA Certificate
Questions:	393 Q&A's	Shared By:	bowie

Question 28

Complete the formula for depreciation of a revalued asset.

Place the relevant labels in the correct positions below.

Questions 28

Options:

Discussion

Question 29

The role of the internal auditors is primarily to:

Options:

Prepare the financial accounts

Support the work of the external auditors by carrying out specific checks on the accuracy of the accounting system

Reduce the fees charged by the external auditors by carrying out some of their duties at a lower cost, thereby improving profits

Report to shareholders on the accuracy of the accounting system

Discussion

Question 30

Company X wants to find the total of all the transactions from its sales account. Where should Company Xlook?

Options:

Sales control account

Sales ledger

Memorandum account

Discussion

Question 31

ABC produces accounts to the year ended 31 December annually Extracts from the most recent financial statements are.

Questions 31

Which of the following ratios is a liquidity ratio?

Options:

Debt/Equity x 100%

Operating profit/Capital employed x 100%

Revenue/Capital employed

Current assets/Current liabilities

Discussion

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