New Year Sale 2026! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

CIMAPRA17-BA1-1 Exam - Topic 1 Question 22 Discussion

Actual exam question for CIMA's CIMAPRA17-BA1-1 exam
Question #: 22
Topic #: 1
[All CIMAPRA17-BA1-1 Questions]

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:

Show Suggested Answer Hide Answer
Suggested Answer: D

by Lonna at May 04, 2022, 12:54 AM

Limited Time Offer

25%

Off

Get Premium CIMAPRA17-BA1-1 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

0/2000 characters
Submit Cancel
Luisa
4 months ago
100% agree, forward contracts are the way to go!
upvoted 0 times
...
Kathrine
4 months ago
Wait, are you sure about that?
upvoted 0 times
...
Kami
4 months ago
No way, it's not an option!
upvoted 0 times
...
Nilsa
4 months ago
I thought it was a future?
upvoted 0 times
...
Latrice
5 months ago
It's definitely a forward exchange contract!
upvoted 0 times
...
Glenna
5 months ago
Okay, I remember the Mann-Whitney test is a good alternative to the t-test when the assumptions for the t-test aren't met. So I'll go with A and D as the correct answers.
upvoted 0 times
...
Evangelina
5 months ago
Okay, let's see. I know the Scenarios dimension is used for things like security, data entry periods, and planning approaches. I think the key characteristics are probably related to those areas, so I'll focus on those options.
upvoted 0 times
...

Save Cancel