Most Recent CIMAPRA17-BA1-1 Exam Questions & Answers

Prepare for the CIMA BA1 - Fundamentals of Business Economics exam with our extensive collection of questions and answers. These practice Q&A are updated according to the latest syllabus, providing you with the tools needed to review and test your knowledge.

QA4Exam focus on the latest syllabus and exam objectives, our practice Q&A are designed to help you identify key topics and solidify your understanding. By focusing on the core curriculum, These Questions & Answers helps you cover all the essential topics, ensuring you're well-prepared for every section of the exam. Each question comes with a detailed explanation, offering valuable insights and helping you to learn from your mistakes. Whether you're looking to assess your progress or dive deeper into complex topics, our updated Q&A will provide the support you need to confidently approach the CIMAPRA17-BA1-1 exam and achieve success.

The questions for CIMAPRA17-BA1-1 were last updated on Nov 19, 2024.

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Question No. 1

Which of the following is most likely to lead to a rise in the exchange rate of country's currency and a fall in the price of stocks shares?

AAn increase in the deficit in the country's balance of payments on current account

BForeign investors purchasing shares on the country's capital markets

CAn increase in the country's money supply

DAn increase in rates of interest within the country

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Correct Answer: D

Question No. 2

Which of the following influences explains why the average costs of a firm will rise in the short run?

ADiseconomies of scale

BRising unit costs

CDiminishing marginal returns

DDiminishing returns to scale

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Correct Answer: C

Question No. 3

When a tax is imposed upon a commodity which the producers must pay to the government, this will cause the commodities?

ASupply curve to shift to the right

BDemand curve to shift to the right

CDemand curve to shift to the left

DSupply curve to shift to the left

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Correct Answer: D

Question No. 4

Which ONE of the following is NOT an example of a long term financial need?

AThe financing of business investment

BThe financing of house purchase through a mortgage

CPrivate saving to finance a pension

DThe need for working capital in small businesses

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Correct Answer: D

Question No. 5

Dividend income from shares held overseas is recorded in which of the following balance of payments components?

ACapital account

BFinancial account

CProfit account

DCurrent account

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Correct Answer: B

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