CIMAPRA17-BA1-1 Exam - Topic 1 Question 17 Discussion

Actual exam question for CIMA's CIMAPRA17-BA1-1 exam

Question #: 17
Topic #: 1

A forward exchange contract would be appropriate (or a company that

Ais due to receive a payment denominated in foreign currency today

Bis due to receive a large payment denominated in foreign currency in five months' time

Cis worried that its products are becoming less competitive due to a general appreciation of the domestic currency over lime

Dis expected to pay a substantial amount denominated in national currency to a foreign creditor m six months' time

Show Suggested Answer

Suggested Answer: A

by Alline at May 04, 2022, 10:17 PM

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5 months ago

I feel pretty confident about this question. Just-in-time systems rely on a smooth, reliable supply chain, so any disruptions could be a major problem. That's why I think option B is the best answer.

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Okay, let me think this through step-by-step. Eval commands are used to evaluate expressions, and the results of those evaluations need to be stored somewhere. I'm guessing it's probably in a database or some kind of data structure, but I'm not totally sure. I'll make my best educated guess and move on to the next question.

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Tashia

5 months ago

I vaguely recall that for these types of problems, the total successful outcomes over total combinations is key. I hope I can compute it correctly!

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CIMAPRA17-BA1-1 Exam - Topic 1 Question 17 Discussion

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