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Free CIMA CIMAPRA17-BA1-1-ENG Exam Questions

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  • CIMA CIMAPRA17-BA1-1-ENG Exam Questions
  • Provided By: CIMA
  • Exam: BA1 - Fundamentals of Business Economics (2017 SYLLABUS) (Online)
  • Certification: CIMA Certificate in Business Accounting
  • Total Questions: 471
  • Updated On: Nov 18, 2024
  • Rated: 4.9 |
  • Online Users: 942
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  • Question 1
    • Which of the following describes a 'spot rate' in foreign currency dealing?

      Answer: B
  • Question 2
    • All the following statements about small firms are correct except one. Which statement is incorrect?

      Answer: D
  • Question 3
    • In a recession which ONE of the following would be likely to experience the largest fall in demand for its products?

      Answer: A
  • Question 4
    • PetsPlus Pic. has outsourced its marketing operations to the recently established marketing firm MarketMe. MarketMe has devised and distributed an online survey on behalf of PetsPlus Pic, asking customers to
      evaluate the products they purchase from the company.
      An example of a question from the survey is as follows:
      'What do you think of PetsPlus's decision to outsource its marketing operations to a marketing firm?
      Which of the following best describes why this question will not yield good information for PetsPlus?

      Answer: A
  • Question 5
    • A business sells 10,000 units of its product pet month at a unit price of $10 It reduces the pnce to $88,000 per unit As a result its total reviewed $88,000 per month. What is the price elasticity of demand for this product?

      Answer: D
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