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CIMAPRA17-BA1-1 Exam - Topic 1 Question 38 Discussion

Market price refers to:
D) the price that maximise profits.
A) the price that is determined by demand and supply.
B) the price that includes tax
C) the value that is adjusted for inflation.

CIMAPRA17-BA1-1 Exam - Topic 1 Question 38 Discussion

Actual exam question for CIMA's CIMAPRA17-BA1-1 exam
Question #: 38
Topic #: 1
[All CIMAPRA17-BA1-1 Questions]

Market price refers to:

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Suggested Answer: D

by Benedict at May 03, 2022, 09:58 AM

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Ethan
10 months ago
Wait, so inflation adjustments aren't part of market price? That's surprising!
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Levi
10 months ago
Really? I thought market price could also mean profit maximization.
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Rima
11 months ago
A is correct, no doubt about it!
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Aleisha
11 months ago
I thought it was B, but I guess that's not right.
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Daryl
11 months ago
It's definitely A, demand and supply set the price!
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Felicia
11 months ago
This question seems straightforward, but I want to make sure I understand the pairwise testing concept correctly before attempting to solve it.
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Dell
11 months ago
I'm pretty confident that the answer is 'xsl:element'. That's the XSLT instruction used to create a new element in the output XML document. The other options don't seem to be the right fit for this question.
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Sylvia
11 months ago
I'm pretty confident that the answer is option B. Having a web server on the internal network opens up the network to potential attacks and vulnerabilities. That's a clear security risk in my mind.
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Eladia
11 months ago
Okay, I think I've got a handle on this. I just need to make sure I'm applying the right accounting standards and principles to arrive at the correct carrying value.
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