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CIMA BA1 Dumps

Exam Code:
BA1
Exam Name:
Fundamentals of Business Economics
Last Update: May 17, 2024
468 Questions with Explanation
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Fundamentals of Business Economics Practice Questions

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Fundamentals of Business Economics Questions and Answers

Questions 1

Which ONE of the following is NOT an example of a long term financial need?

Options:

A.

The financing of business investment

B.

The financing of house purchase through a mortgage

C.

Private saving to finance a pension

D.

The need for working capital in small businesses

Questions 2

In the short run, which of the following would result from a depreciation of the country's exchange rate?

(i). Increased competitiveness of the country's exports

(ii). Increased quality competitiveness of the county's imports

(iii). A worsening of the country's terms of trade

(iv). Increased energy and raw material costs for the country's manufacturing firms

Options:

A.

(i) and (ii) only

B.

(ii) and (iv) only

C.

(iii) and (iv) only

D.

(i), (iii) and (iv) only

Questions 3

Which of the following pairings of policy instruments and policy objectives is correct?

Options:

A.

A

B.

B

C.

C

D.

D