Exam IIA-CIA-Part3 Topic 7 Question 379 Discussion

Actual exam question for IIA's IIA-CIA-Part3 exam
Question #: 379
Topic #: 7
The entity has current assets of:

Suggested Answer: B Vote an answer

Return on total assets3% equals profit US $100,000) divided by total assets. Consequently, total assets equal US $3,333,333$100,000 - 03). Current assets must therefore equal US $3,033,333$3,333,333 total assets - $300,000 other assets).

by Reginald at Oct 22, 2025, 12:32 AM

Limited Time Offer

15%

Off

Get Premium IIA-CIA-Part3 Questions as Interactive Self Test Engine or PDF

Comments

Chosen Answer:
This is a voting comment (?) , you can switch to a simple comment.
Switch to a voting comment New
Nick name: Submit Cancel
A voting comment increases the vote count for the chosen answer by one.

Upvoting a comment with a selected answer will also increase the vote count towards that answer by one. So if you see a comment that you already agree with, you can upvote it instead of posting a new comment.
0
0
0
10