CIMA Exam CIMAPRA17-BA1-1 Topic 1 Question 62 Discussion

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

Question #: 62
Topic #: 1

[All CIMAPRA17-BA1-1 Questions]

Which ONE of the following would appear as a debit item on a country's balance of payments current account?

AOverseas investment by a domestic multinational company

BExpenditure in the country by an overseas visitor

CA flow of company profits to the parent company based in another country

DPayment by an overseas company for services provided in the country

Show Suggested Answer

Suggested Answer: C

by Harrison at Dec 12, 2022, 09:51 PM

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Tien

28 days ago

This exam is driving me bananas! I'm just going to close my eyes and pick an answer. Maybe I'll end up with a fruit basket instead of a passing grade.

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Roy

19 days ago

A) Overseas investment by a domestic multinational company

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Gerald

30 days ago

Aha, I got this! The correct answer is A. Overseas investment by a domestic company would be a debit item on the current account.

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Jeannetta

1 months ago

Haha, this question is tripping me up. I'm going to have to go with D, just to be different from the other candidates. Who knows, maybe I'll get lucky!

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Gearldine

1 months ago

Hmm, I'm not sure about this one. Maybe C? Sending profits to the parent company sounds like it could be a debit item.

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Brynn

6 days ago

B) Expenditure in the country by an overseas visitor

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Rosenda

12 days ago

A) Overseas investment by a domestic multinational company

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Quentin

2 months ago

I think the correct answer is B. Expenditure by an overseas visitor would be a credit item on the current account, not a debit item.

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Chara

16 days ago

User 3: I agree with Chara. D is the correct answer.

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Jesus

21 days ago

User 2: Actually, the correct answer is D. Payment by an overseas company for services provided in the country is a debit item on the current account.

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