CIMA BA3 dumps - in .pdf

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  • Exam Code: BA3
  • Exam Name: Fundamentals of Financial Accounting
  • Updated: Sep 21, 2026
  • Q & A: 395 Questions and Answers
  • PDF Price: $59.99
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  • Exam Code: BA3
  • Exam Name: Fundamentals of Financial Accounting
  • Updated: Sep 21, 2026
  • Q & A: 395 Questions and Answers
  • PDF Version + PC Test Engine + Online Test Engine
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CIMA BA3 dumps - Testing Engine

BA3 Testing Engine
  • Exam Code: BA3
  • Exam Name: Fundamentals of Financial Accounting
  • Updated: Sep 21, 2026
  • Q & A: 395 Questions and Answers
  • Software Price: $59.99
  • Testing Engine

About CIMA BA3 Exam Questions

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CIMA BA3 Exam Syllabus Topics:

SectionWeightObjectives
Preparation of Accounts for Single Entities30%- Preparation of statement of financial position
- Preparation of simple cash flow statement
- Manufacturing and inventory accounting
- Preparation of income statement
- Adjusting entries and trial balance
Recording Accounting Transactions50%- Sources of records and books of prime entry
- Correction of errors and control accounts
- Accounting for assets, liabilities, equity and expenses
- Reconciliations (bank, receivables, payables)
- Double-entry bookkeeping and ledger accounts
Accounting Principles, Concepts and Regulations10%- Accounting standards and principles
- Nature and objective of financial accounting
- Conceptual and regulatory framework
- Elements of financial statements
Analysis of Financial Statements10%- Liquidity, profitability and solvency analysis
- Interpretation using accounting ratios
- Limitations of financial statements

CIMA Fundamentals of Financial Accounting Sample Questions:

Question #1

Refer to the exhibit.

The following information is available in respect of two companies that operate in the same market sector:
Which one of the following statements most accurately describes the companies' relative position?

  • A. Company A has the shortest working capital cycle and the best control on both inventories and payables.
  • B. Company A has the shortest working capital cycle and the best control on inventories.
  • C. Company B has the shortest working capital cycle and the best control on both inventories and payables.
  • D. Company B has the shortest working capital cycle and the best control on payables and receivables.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #2

A club receives subscriptions during 2006 of £4600. Of these £500 related to subscriptions in respect of 2005 and £400 related to subscriptions in advance for 2007.
The accounts for 2005 included an accrual of £600 for subscriptions in arrears; the balance of £100 which has still not been received, should be written off.
The figure for subscriptions in the income and expenditure account for 2006 will be

Reveal Solution  Discussion  0

Correct Answer:

£3596

Question #3

ABC has the following summary of transactions for the quarter ended 30 June 20X9 ABC is registered for sales tax at 20%.

At the beginning of the quarter ABC owed $2,300 to the local tax authority.
What is the balance owing to the local tax authority at 30 June 20X97 Give your answer to the nearest dollar.

Reveal Solution  Discussion  0

Correct Answer:

$68400

Question #4

Which one of the following would not be considered a purpose of segregation of duty?

  • A. Ensuring staff get experience of a variety of different tasks.
  • B. Ensuring no one person should have complete control over any section of the bookkeeping system.
  • C. Avoiding opportunities for diverting money from the company.
  • D. Preventing fraudulent manipulation of the bookkeeping system.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #5

Refer to the Exhibit.

A business banks its takings for the week. The bank account at the start of the week shows an overdraft Which of the following is the dual effect?

  • A. C
  • B. D
  • C. A
  • D. B
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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