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CIMAPRA17-BA1-1 Exam Questions

Exam Name: BA1 - Fundamentals of Business Economics
Exam Code: CIMAPRA17-BA1-1
Related Certification(s): CIMA Certificate in Business Accounting Certification
Certification Provider: CIMA
Number of CIMAPRA17-BA1-1 practice questions in our database: 468 (updated: Jul. 15, 2024)
Disscuss CIMA CIMAPRA17-BA1-1 Topics, Questions or Ask Anything Related

Marjory

21 days ago
Just passed the CIMA BA1 exam! Be prepared for questions on price elasticity of demand. You might encounter calculations involving percentage changes in quantity demanded and price. Make sure to understand the factors affecting elasticity. Thanks to Pass4Success for the spot-on practice questions that helped me prepare quickly!
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Free CIMA CIMAPRA17-BA1-1 Exam Actual Questions

Note: Premium Questions for CIMAPRA17-BA1-1 were last updated On Jul. 15, 2024 (see below)

Question #1

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

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Correct Answer: B

Question #2

A car dealer uses the following trend equation to estimate the number of cars sold each quarter

Y = 120 + 3t

Where y = number of cars sold each quarter and t = time period expressed in units

What is the forecasted number of cars sold in period 12. if there is an additive seasonal factor of 55?

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Correct Answer: C

Question #3

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

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Correct Answer: B

Question #4

Which of the following describes the effect an interest rate rise may have on a company?

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Correct Answer: C

Question #5

Based on a trade balance between Country A and Country B over a ten year period, the underlying trend of the trade balance is represent equation

-114.027 -1.47x

where x is the time period expressed in years.

Assuming an additive forecasting model, with a seasonal factor of 82 6, then the forecast for year 2016, in whole units is:

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Correct Answer: A


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