BA3 試験問題を無料オンラインアクセス

External auditors report their findings to:

• A.Directors
• B.Shareholders of the company
• C.Internal auditors
• D.Creditors

Where a transaction is credited to the correct ledger account but debited to the heat and light account instead of the rent and rates account, the error is known as an error of:

• A.Commission
• B.Principle
• C.Omission
• D.Original entry

A company which is VAT registered, has sales for the period of $28,450 (excluding VAT) and purchases (including VAT) for the period of $14,687.50.
The balance on the VAT account, assuming all items are subject to VAT at 17.5%, is:

• A.$2,408.44 debit
• B.$2,791.25 credit
• C.$2,408.44 credit
• D.$2,791.25 debit

Cost of goods sold for a manufacturing company is the total of

• A.prime costs + production overheads + opening work in progress - closing work in progress + opening inventories of finished goods - closing inventories of finished goods
• B.prime costs + production overheads + opening inventories of raw materials - closing inventories of raw materials + opening work in progress - closing work in progress + opening inventories of finished goods
  - closing inventories of finished goods
• C.prime costs + production overheads + opening inventories of raw materials - closing inventories of raw materials + opening work in progress - closing work in progress
• D.prime costs + production overheads - opening work in progress + closing work in progress - opening inventories of finished goods + closing inventories of finished goods

A business had a balance at the bank of $1500 at the start of the month.
During the following month, it paid for materials of $1000, less trade discount of 20% and cash discount of 10%. It received a cheque from a trade receivable in respect of an invoice for $200, subject to cash discount of 5%.
The balance at the bank at the end of the month was
Give your answer to 2 decimal places.