CIMAPRA19-F03-1 Exam - Topic 1 Question 26 Discussion

Actual exam question for CIMA's CIMAPRA19-F03-1 exam

Question #: 26
Topic #: 1

A listed company is financed by debt and equity.

If it increases the proportion of debt in its capital structureit would be in danger of breaching a debt covenant imposed by one of its lenders.

The following data is relevant:

The company now requires $800 million additional funding for a major expansion programme.

Which of the following is the most appropriate as a source of finance for this expansion programme?

ARetained earnings

BPrivate placement of a bond

CRights issue

DBank overdraft

Show Suggested Answer

Suggested Answer: C

by Lavonda at May 07, 2022, 04:42 PM

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8 months ago

This looks like a question about implementing the AutoCloseable interface. I think the key is to make the Folder class implement that interface and provide a close() method that prints "Close".

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Ah, I remember learning about this in class. I'm pretty confident the answer is "D. all of the above" since business services, service registries, and service contracts are all common parts of a service-oriented enterprise.

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Tricia

8 months ago

Okay, let's see. ISO27017 sounds like it could be the right answer, as it's specifically about cloud security. I'll mark that one for now, but I'll keep the other options in mind in case I'm missing something.

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Clarinda

8 months ago

Diversification can reduce unsystematic risk, but systematic risk remains. I'll make sure I have that right in my answer.

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Jamika

8 months ago

I think the metric for replacing a bank account number has to do with integrity, but I'm not entirely sure if that's the only aspect to consider.

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CIMAPRA19-F03-1 Exam - Topic 1 Question 26 Discussion

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