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CIMA Exam CIMAPRA17-BA1-1 Topic 1 Question 88 Discussion

Actual exam question for CIMA's CIMAPRA17-BA1-1 exam
Question #: 88
Topic #: 1
[All CIMAPRA17-BA1-1 Questions]

In the short term, if an organisation's income is lower than its expenditure, it is an example of:

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Suggested Answer: B

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8 days ago
D. Financial surplus? Really? This is the opposite of what the question is asking. I'm pretty sure the correct answer is A, financial intermediation.
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10 days ago
I'd go with B. Lack of financial synchronisation is the issue here. The organisation needs to better align its income and expenditure.
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14 days ago
Clearly, the answer is C. Equity capital is needed to cover the shortfall when expenses exceed income. This is a basic financial principle.
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6 days ago
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