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CIMAPRO17-BA1-X1-ENG Dumps

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CIMA CIMAPRO17-BA1-X1-ENG dumps - 100% Pass Guarantee!

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Vendor: CIMA

Certifications: CIMA Certifications

Exam Name: BA1 - Fundamentals of Business Economics Question Tutorial

Exam Code: CIMAPRO17-BA1-X1-ENG

Total Questions: 60 Q&As ( View Details)

Last Updated: Apr 15, 2024

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CIMAPRO17-BA1-X1-ENG Q&A's Detail

Exam Code: CIMAPRO17-BA1-X1-ENG
Total Questions: 60
Single & Multiple Choice 58
Drag Drop 1
Hotspot 1

CIMAPRO17-BA1-X1-ENG Online Practice Questions and Answers

Questions 1

Quantitative easing, the purchase of government or private securities by the central banks from investors, is an example of:

A. contractionary monetary policy.

B. contractionary fiscal policy.

C. expansionary fiscal policy.

D. expansionary monetary policy.

Show Answer
Questions 2

A company currently sells 10,000 bottles of "bright pink" nail varnish every year at $5 per bottle. If the price is reduced to $4.50 per bottle it is expected that the company will sell an extra 2,000 bottles.

What is the price elasticity of demand of the nail varnish?

A. -2.0

B. +2.0

C. -0.5

D. +0.5

Show Answer
Questions 3

A business has a short-term problem with its payments exceeding its receipts. Which TWO of the following would be appropriate for meeting this financial shortfall? (Choose two.)

A. A bank overdraft

B. A bill of exchange

C. A mortgage

D. Issuing shares

E. A leasing arrangement

Show Answer
Questions 4

Conflict between the objectives of shareholders and those of management in a company may arise because:

A. shareholders are always interested in the short term but those in management are interested in the long term.

B. managers are concerned with the level of profits but shareholders are only interested in the long term share price.

C. raising the pay of management may be incompatible with increasing shareholder value.

D. managers are more concerned with day to day management than shareholders.

Show Answer
Questions 5

A binding financial contract that can be used to hedge exchange rate risks by fixing the rate of exchange at a fixed date, and can be traded in financial markets, is known as:

A. an option

B. a managed floating system

C. a future

D. a forward exchange contract

Show Answer More Questions

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