Free BA3 Exam Braindumps (page: 7)

Page 7 of 99

Refer to the exhibit.



Both internal and external audits can be performed on the financial statements of a company. The results of the audits have different purposes and different reporting lines.

Which of the following combinations is correct?

  1. A
  2. B
  3. C
  4. D

Answer(s): C



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?

  1. A
  2. B
  3. C
  4. D

Answer(s): C



"To assure shareholders that the stewardship of the organization was effectively carried out."

What does this definition describe?

  1. Internal audit
  2. Preparation of financial statements
  3. External audit
  4. Reconciliation process

Answer(s): C



Refer to the Exhibit.



Transactions are often categorized between capital and revenue

Which of the following combinations are correct?

  1. A
  2. B
  3. C
  4. D

Answer(s): B



Page 7 of 99



Post your Comments and Discuss CIMA BA3 exam with other Community members:

Anonymous User commented on May 05, 2024
This is quite helpful
BOTSWANA
upvote