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CIMAPRA17-BA1-1 Exam - 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?

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Suggested Answer: C

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

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Elliott
7 months ago
I’m not sure about A being a debit, sounds off to me.
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Kimi
7 months ago
D is a credit too, so it can't be that one.
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Jesus
7 months ago
Wait, overseas visitors spending money is a credit, right?
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Lashaun
7 months ago
I think C is the right answer, not A.
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Dottie
8 months ago
A is definitely a debit item.
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Eleonora
8 months ago
C sounds right because profits going out to another country usually count as a debit, but I need to double-check that.
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Laurel
8 months ago
I'm a bit confused because I thought expenditures by visitors would be credits, not debits. So, I guess that rules out B for me.
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Desmond
8 months ago
I remember practicing a similar question where overseas investments were considered debits. So, I might lean towards A again.
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Dorethea
8 months ago
I think a debit item is something that represents money leaving the country, so maybe it's A? But I'm not entirely sure.
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Daron
8 months ago
I'm a bit confused by this question. The wording about the "unique solution" and not being able to return to it makes me wonder if there's more to this than meets the eye. I'll need to carefully read through the details and consider different approaches before selecting an answer.
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Kattie
8 months ago
This is a tricky one. I'll need to sketch out the array structure on my scratch paper to visualize the output.
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Antonio
8 months ago
I'm pretty confident that option C is the way to go here. Creating a single VPC with a global load balancer is the most straightforward and cost-effective solution. The question specifically mentions minimizing cost and increasing efficiency, so that's the approach I'll take.
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Tien
1 year 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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Noah
11 months ago
D) Payment by an overseas company for services provided in the country
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Luis
11 months ago
B) Expenditure in the country by an overseas visitor
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Roy
12 months ago
A) Overseas investment by a domestic multinational company
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Gerald
1 year 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 year 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 year 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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Taryn
11 months ago
Thanks for the clarification. I understand now.
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Yuki
11 months ago
Yes, C is the correct answer. It would appear as a debit item on the balance of payments.
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Derick
11 months ago
I think C is correct. It represents an outflow of funds to another country.
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Herschel
11 months ago
D) Payment by an overseas company for services provided in the country
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Evangelina
11 months ago
C) A flow of company profits to the parent company based in another country
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Brynn
12 months ago
B) Expenditure in the country by an overseas visitor
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Rosenda
12 months ago
A) Overseas investment by a domestic multinational company
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Quentin
1 year 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
12 months ago
User 3: I agree with Chara. D is the correct answer.
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Jesus
1 year 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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Kati
1 year ago
User 1: 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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Corinne
1 year ago
I'm not sure, but I think it could also be C, as flow of company profits to another country would also be a debit item.
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Franchesca
1 year ago
I agree with Antonio, because payment for services provided in the country would be a debit item.
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Antonio
1 year ago
I think the answer is D.
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