CIMA Fundamentals of Financial Accounting : BA3 Exam

  • Exam Code: BA3
  • Exam Name: Fundamentals of Financial Accounting
  • Updated: Sep 26, 2026
  • Q & A: 395 Questions and Answers

Already choose to buy: "PDF"

Total Price: $59.99  

About CIMA Fundamentals of Financial Accounting : BA3 Exam Questions

Best wishes

Lastly, we sincerely hope that you can pass CIMA Fundamentals of Financial Accounting actual exam test successfully and achieve an ideal marks.

After purchase, Instant Download: Upon successful payment, Our systems will automatically send the product you have purchased to your mailbox by email. (If not received within 12 hours, please contact us. Note: don't forget to check your spam.)

High efficiency for preparation

We have done and will do a lot for your trust and consuming experience. Firstly, you can download demo in our website before you purchase it, which is a part of our Fundamentals of Financial Accounting complete dump. If you are content with our product, you can choose to buy our complete Fundamentals of Financial Accounting updated vce dumps. After your payment, we will send you a link for download in e-mail. Please note it after payment. All your information is rigorously confidential. You don't have to worry about your personal info will leak out. CIMA practice test engine is updated according to the changes of Fundamentals of Financial Accounting actual exam, for the sake that the questions you practice are close to the real BA3 exam, which enormously enhance your efficiency. Besides, our system will notify you automatically in e-mail if there is any update of Fundamentals of Financial Accounting vce torrent. What's more, if you unluckily were the 1% to fail, we could supply you a whole refund, you just need to show us your failed transcript. Lastly and most importantly, if you have any question during the whole section, no matter before sales of after sales, please contact us anytime. We set up a 24/7 customer service to settle all you problems about Fundamentals of Financial Accounting test study engine.

Excellent Fundamentals of Financial Accounting exam dumps

We are dedicated to study Fundamentals of Financial Accounting exam and candidates' psychology, and develop an excellent product, BA3 test practice engine, to help our clients pass Fundamentals of Financial Accounting exam easily. CIMA latest test engine accurately anticipates questions in the actual exam, which has a 98% to 100% hit rate. According to feedbacks of our clients, 99% of them passed Fundamentals of Financial Accounting exam. Therefore, there is no doubt that our product is high-quality and praised highly of, which makes us well-known in our industry. We can say immodestly that how lucky you are to notice our product and use it. You have already had high probabilities to pass Fundamentals of Financial Accounting exam.

In the contemporary world, skill of computer become increasingly important, or may be crucial, which is more and more relevant to a great many industries. Priorities are always given to skillful computer operators, no matter in employment or promotion. Fundamentals of Financial Accounting certificate makes you advanced and competitive to others. However, do you really have any idea how to prepare for the CIMA exam well? Don't worry. Our mission is to assist you to pass the Fundamentals of Financial Accounting actual test.

Free Download real BA3 actual tests

Efficient study material

The questions in dump are designed by the professional experts, which cover a great many original questions from the real exams' dump. We offer 3 version of Fundamentals of Financial Accounting updated vce dumps to cater you need. Our advantage is to make you advanced to others.

Surely, if you are ambitious to achieve a good result in Fundamentals of Financial Accounting exam, you are expected to do sufficient practices. You, however, do really have little time for practices. We suggest that you should at least spend 20-30 minutes before exam. Short-term memory will help you a lot.

CIMA BA3 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Analysis of Financial Statements10%- Liquidity, profitability and solvency analysis
- Interpretation using accounting ratios
- Limitations of financial statements
Topic 2: Recording Accounting Transactions50%- Double-entry bookkeeping and ledger accounts
- Accounting for assets, liabilities, equity and expenses
- Sources of records and books of prime entry
- Correction of errors and control accounts
- Reconciliations (bank, receivables, payables)
Topic 3: Preparation of Accounts for Single Entities30%- Manufacturing and inventory accounting
- Preparation of simple cash flow statement
- Preparation of statement of financial position
- Adjusting entries and trial balance
- Preparation of income statement
Topic 4: Accounting Principles, Concepts and Regulations10%- Elements of financial statements
- Conceptual and regulatory framework
- Nature and objective of financial accounting
- Accounting standards and principles

CIMA Fundamentals of Financial Accounting Sample Questions:

Question #1

A company has profit before tax and dividends of £500000. The share capital consists of 1000000 ordinary shares of £1 each and 100000 10% preference shares of 50p each.
A 10p dividend was declared on ordinary shares.
Assuming there was no tax liability for the period, profit retained for the period was

Reveal Solution  Discussion  0

Correct Answer:

£395001

Question #2

Refer to the Exhibit.

A company had previously written off one of their receivables that had been declared bankrupt. The administrators of the bankruptcy have now sent a cheque to the company for the full amount originally outstanding. The company now needs to record this receipt.
Which of the following is the correct double entry?

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

Correct Answer: C  🗳️

Question #3

Which of the following statements is NOT correct?

  • A. A receipts and payments account does not include depreciation of non-current assets.
  • B. An income and expenditure account is the equivalent of an income statement.
  • C. A receipts and payments account is the equivalent of an income statement.
  • D. A receipts and payments account is the equivalent of a cash book summary.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #4

An organization's trial balance at the end of the month was out of agreement, with the debit side totaling £500 less than the credit side. A suspense account was opened for this amount.
During the next month, the following errors were discovered:
(a) The purchase returns day book had been under cast by £50
(b) Rent payable of £400 had been credited to the rent receivable account (c) A non-current asset, with a net book value of £700 had been disposed of at a loss of £80; all entries had been correctly recorded except that the sale proceeds had been omitted from the disposals account.
Following the correction of these errors, the balance on the suspense account would be.

  • A. Debit £30
  • B. Credit £130
  • C. Credit £230
  • D. Debit £270
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #5

For financial reporting purposes, stock should be valued at:

  • A. Higher of cost and net present value
  • B. Higher of cost and net realizable value
  • C. Lower of cost and net present value
  • D. Lower of cost and net realizable value
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

What Clients Say About Us

Thanks VCEEngine!
Thanks for your great BA3 practice questions.

Ahern Ahern       4.5 star  

Hi, I have got your updated version for BA3 exam.

Victor Victor       4 star  

Took the BA3 exam yesterday and passed. If I have other exam to attend, I'll continue to finish my exam with your dumps.

Lance Lance       5 star  

I passed BA3 exam this time, the BA3 dumps are so helpful. I’m so happy with my performance.

Leona Leona       4.5 star  

my company's specialization certificate is going to expire soon so my boss pushed me to pass the BA3 exam. It is so lucky that your BA3 exam file saved my life. Without your help, i couldn't pass it at all in such a short time. Thank you so much!

Tyler Tyler       5 star  

I bought the PDF version, and the real exam was still different form this version. Though i pass the BA3 exam, i suggest you should buy the Software version which can simulte the real exam.

Oscar Oscar       5 star  

After getting success in exam BA3 , I know that a brilliant future is waiting for me! It wasn't like that a few months before.High Flying Results

Leonard Leonard       5 star  

This BA3 exam dump is valid, i've already passed with 94% by today.

Tyler Tyler       4.5 star  

Worthy of buying the BA3 training guide, i was at a loss before i owned it.

Daisy Daisy       4 star  

Announcing my extra ordinary success as well as appreciating VCEEngine with its team too. I bought real exam dumps from VCEEngine to get little exam idea and make up my passing

Ted Ted       5 star  

I passed my BA3 exam at my first try today.

Joshua Joshua       4.5 star  

I used VCEEngine 's Testing Engine facility for exam preparation that provided me a number of practice tests.

Colbert Colbert       4 star  

Pdf exam guide for BA3 certification is very similar to the original exam. I passed my exam with 95% marks.

Bernard Bernard       4 star  

LEAVE A REPLY

Your email address will not be published. Required fields are marked *

QUALITY AND VALUE

VCEEngine Practice Exams are written to the highest standards of technical accuracy, using only certified subject matter experts and published authors for development - no all study materials.

EASY TO PASS

If you prepare for the exams using our VCEEngine testing engine, It is easy to succeed for all certifications in the first attempt. You don't have to deal with all dumps or any free torrent / rapidshare all stuff.

TESTED AND APPROVED

We are committed to the process of vendor and third party approvals. We believe professionals and executives alike deserve the confidence of quality coverage these authorizations provide.

TRY BEFORE BUY

VCEEngine offers free demo of each product. You can check out the interface, question quality and usability of our practice exams before you decide to buy.