Higher Test Marks with Free Online CIMAPRA17-BA1-1-ENG Exam Practice

Assess the CertsIQ’s updated CIMAPRA17-BA1-1-ENG exam questions for free online practice of your BA1 - Fundamentals of Business Economics (2017 SYLLABUS) (Online) test. Our CIMAPRA17 BA1 1 ENG dumps questions will enhance your chances of passing the CIMA Certificate in Business Accounting certification exam with higher marks.

Question 1

Based on historical time series data, a chemicals company uses sales ($million) as the y variable and time (year) as the x variable and equation.

y = - 3935 47 + 2 02x

Using the equation, what is the company's predicted sales for the year 2020? Give your answer to the nearest million.

Options :

A : $15 million

B : $25 million

C : $35 million

D : $45 million

Answer: A

Question 2

All of the following are functions of central banks except which one?

Options :

A : Banker to the commercial banks

B : Holder of the foreign exchange reserves

C : Banker to the government

D : Determination and conduct of fiscal policy

Answer: D

Question 3

Which of the following would result from a depreciation in the exchange rate for a country's currency?

i. A fall in the foreign exchange price of that country's exports.

ii. A rise in the foreign exchange price of that country's imports.

iii. A rise in production costs for businesses using imported inputs.

iv. A worsening in that country's terms of trade.

v. A fall in the domestic prices of that country's imports.

vi. A rise in the domestic price of that country's exports.

Options :

A : (i), (ii) and (iv) only

B : (i), (iii) and (iv) only

C : (ii), (v) and (vi) only

D : (iv), (v) and (vi) only

Answer: B

Question 4

Which ONE of the following is NOT required in calculating the EPS of ABC plc?

Options :

A : The market price of ABC-s share

B : The number of shares ABC has in issue

C : The most recent earnings after interest and tax of ABC

D : The dividend payment made to holders of preference shares

Answer: A

Question 5

A good has a price elasticity of supply of 0.8. Which of the following best describes the effects of a rise in demand for this good?

1. More will be spent on the good

2. More of the good will be made and sold

3. Producer incomes will rise

4. Price rises more than proportionately to the rise in quantity produced

Options :

A : 1 & 2 only

B : 1 & 3 only

C : 1 & 4 only

D : 1, 2, 3 & 4

Answer: D