CIMA Exam CIMAPRA17-BA3-1 Topic 1 Question 77 Discussion

Actual exam question for CIMA's CIMAPRA17-BA3-1 exam

Question #: 77
Topic #: 1

In a cash flow statement, which one of the following would not be found under the section "cash flows from operating activities"?

ATaxation paid

BInterest received

CInterest paid

DProfit on disposal of non-current assets

Show Suggested Answer

Suggested Answer: B

by Daniel at Nov 25, 2023, 06:53 AM

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Yolando

1 months ago

I don't know about you, but I'm just hoping I don't have to do any actual cash flow calculations on this exam. That's what calculators are for, right?

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Gearldine

8 days ago

A) Taxation paid

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Martin

1 months ago

D, for sure. I can already see the auditors scrutinizing that one - 'Profit? In my cash flow statement? It's more likely than you think.'

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Dahlia

1 months ago

Ah, the joys of cash flow statements. Let's see, A, B, and C all scream 'operating activities' to me. D's the black sheep of the bunch.

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Jeniffer

1 months ago

Interesting question. I'm going with D too. I mean, who wants to talk about profits when they could be discussing the juicy details of their tax bill?

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Madalyn

2 months ago

Hmm, this one's tricky. I think D is the odd one out here - profit on disposal of non-current assets would more likely be found under investing activities, right?

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Lashandra

21 hours ago

I agree, D seems out of place. It should be under investing activities.

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Alva

2 days ago

D) Profit on disposal of non-current assets

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Shawna

5 days ago

C) Interest paid

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Melvin

13 days ago

B) Interest received

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Buddy

20 days ago

A) Taxation paid

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Simona

2 months ago

I'm not sure about this one. Can someone explain why profit on disposal of non-current assets is not included in cash flows from operating activities?

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Muriel

2 months ago

I agree with Rene. Profit on disposal of non-current assets is not a cash flow from operating activities.

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Rene

2 months ago

I think the answer is D) Profit on disposal of non-current assets.

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