Summer Certification Limited Time 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code = getmirror

Pass the CIMA Certificate BA1 Questions and answers with ExamsMirror

Practice at least 50% of the questions to maximize your chances of passing.
Exam BA1 Premium Access

View all detail and faqs for the BA1 exam


758 Students Passed

93% Average Score

96% Same Questions
Viewing page 12 out of 14 pages
Viewing questions 111-120 out of questions
Questions # 111:

The economy of Country V is initially in equilibrium at a level of national income and employment denoted by Y, at price level denoted by P If there is an increase in aggregate demand, indicate on the graph below the new equilibrium point in the economy.

Question # 111

Options:

Questions # 112:

'The £ has risen against other currencies since August, defying forecasters who thought that the UK's widening trade deficit must cause the £'s exchange rate to fall.'

From the above information, it can be concluded that, since August

Options:

A.

UK exports have become less price competitive

B.

The UK inflation rate has increased

C.

UK interest rates must have increased

D.

The strengthening pound has improved the UK balance of payments on current account

Questions # 113:

Which THREE of the following are examples of supply-side policies?

Options:

A.

Increasing investment in vocational training for unemployed youth

B.

Providing tax incentives to firms investing in new technology

C.

Reducing the rate of value added tax applied to consumer goods

D.

Increasing current expenditure on a national medical service

E.

Introducing a funding scheme to support university research

F.

Applying a tariff on the import of foreign technology

Questions # 114:

Country A's tax system is one where every citizen pays tax on earned income over S12,000 per year. The amount of tax paid as a percentage of income rises as individuals income levels rise.

Which of the following describes the nature of the tax paid by individuals in Country A?

Options:

A.

Progressive

B.

Regressive

C.

Retentive

D.

Proportional

Questions # 115:

Which of the following can be used by a national government as justification for introducing a protectionist trade policy?

Options:

A.

To promote the development of an infant industry

B.

To allow specialisation

C.

To promote economies of scale

D.

To increase competition.

Questions # 116:

Which of the following is correct regarding data?

Data can be recorded as:

(1) numbers.

(2) symbols.

(3) raw facts.

Options:

A.

(1)only

B.

(3) only

C.

(1)and

D.

(1),(2)and(3)

Questions # 117:

Dividend income from shares held overseas is recorded in which of the following balance of payments components?

Options:

A.

Capital account

B.

Financial account

C.

Profit account

D.

Current account

Questions # 118:

A manufacturing company is considering a new investment project.

Which TWO of the following would reduce the net present value of the investment to the business?

Options:

A.

A rise in the scrap value of the project at the end of its life.

B.

A reduction in the expected level of future sales.

C.

A rise in interest rates.

D.

A fall in the initial capital cost of the project

E.

An expected fall in the future price of components used by the business

Questions # 119:

A national study ranks the reputation of the top four internet companies and the likelihood of investors buying their shares on the follow the highest ranking and four the lowest.

Question # 119

Calculate the Spearman's rank correlation coefficient between reputation and probable purchase

Options:

Questions # 120:

Which TWO reasons support the argument that global firms may facilitate globalisation?

Options:

A.

Global firms can lobby governments to open up markets for free trade

B.

Global firms can bring stability to international stock markets

C.

Global firms can be immune from national concerns

D.

Global firms can forfeit national laws under certain conditions

E.

Global firms can lead to greater homogemsation of tastes and values across different countries.

Viewing page 12 out of 14 pages
Viewing questions 111-120 out of questions
TOP CODES

TOP CODES

Top selling exam codes in the certification world, popular, in demand and updated to help you pass on the first try.