CIMA Exam CIMAPRA17-BA3-1 Topic 3 Question 108 Discussion

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

Question #: 108
Topic #: 3

Refer to the Exhibit.

The Financial Accountant for a company is preparing the monthly bank reconciliation and has extracted the following information:

The correct cash book balance at the month end will be:

A$42,870

B$41,960

C$44,610

D$29,140

Show Suggested Answer

Suggested Answer: D

by Celia at Mar 06, 2025, 11:39 PM

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Precious

1 months ago

If only the bank would just send me the correct balance to begin with, this would be a breeze. Oh well, time to put on my thinking cap and solve this puzzle.

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An

14 days ago

I agree, it's always a challenge to reconcile the bank statement with the cash book.

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Louis

17 days ago

I think the correct cash book balance is $42,870.

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Amos

18 days ago

I know, it would be so much easier if the bank got it right the first time.

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Johnson

1 months ago

Bank reconciliations? More like bank-ruption, am I right? Just kidding, I've got this. Time to put on my forensic accountant hat and get to the bottom of this.

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Benedict

2 months ago

Hmm, let me pull out my trusty calculator and work through this step-by-step. Ah, I see the issue now - that pesky outstanding check is throwing off the balance. I'll nail this one!

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Viola

7 days ago

User 3: Let me double-check my calculations, I also got option B) $41,960.

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Tamala

10 days ago

User 2: Are you sure? I calculated it differently and got option C) $44,610.

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Adolph

15 days ago

User 1: I think I got the answer, it's option B) $41,960.

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Natalie

20 days ago

Cherelle: $42,870.

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Cherelle

1 months ago

User 2: What did you come up with?

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Leota

1 months ago

User 1: I think I got the correct cash book balance.

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Annice

2 months ago

Ugh, I hate these bank reconciliation questions. They always make me second-guess myself. I'm just going to go with my gut and hope for the best.

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Rueben

11 days ago

I always feel relieved when I get the correct balance in the end.

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Arthur

19 days ago

I agree, it's better to be safe than sorry.

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Diane

24 days ago

I think it's important to double-check your work to be sure.

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Jesusita

2 months ago

I know what you mean, bank reconciliations can be tricky.

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Gennie

2 months ago

This seems like a straightforward bank reconciliation question. I'll need to carefully reconcile the cash book balance with the bank statement to determine the correct month-end balance.

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