Certificate in Business Accounting CIMAPRO17-BA1-X1-ENG Practice Exam - Killtest
Mar 12,2021
CIMAPRO17-BA1-X1-ENG exam is one of required tests for CIMA certification. BA1 focuses on the economic and operating context of business and how the factors of competition, the behaviour of financial markets and government economic policy can influence an organisation. CIMAPRO17-BA1-X1-ENG exam deals with the information available to assist management in evaluating and forecasting the behaviour of consumers, markets and the economy in general. Killtest provides the latest Certificate in Business Accounting CIMAPRO17-BA1-X1-ENG practice exam, which is helpful for you to pass this BA1 exam.
Certificate in Business Accounting CIMAPRO17-BA1-X1-ENG Exam
Number of questions: 60 Objective test questions
Duration: 120 minutes
You will be given a provisional pass or fail grade when leaving the test center. Your final grade (pass, marginal fail or fail) including an indicative guide to your performance against each syllabus section will be published to MY CIMA within 48 hours of sitting the CIMAPRO17-BA1-X1-ENG exam.
CIMA CIMAPRO17-BA1-X1-ENG Exam Syllabus Structure
The CIMAPRO17-BA1-X1-ENG syllabus comprises the following topics and weightings:
Macroeconomic and Institutional Context of Business (25%)
Microeconomics and Organisational Context of Business (30%)
Informational Context of Business (20%)
Financial Context of Business (25%)
Certificate in Business Accounting CIMAPRO17-BA1-X1-ENG practice exam from Killtest can help you study CIMA CIMAPRO17-BA1-X1-ENG syllabus exam. List some BA1-Fundamentals of Business Economics Question Tutorial CIMAPRO17-BA1-X1-ENG exam demo questions below.
A trade agreement that removes all import tariffs between member countries, sets up common external tariffs against non-members, but does not advance toward economic integration is called:
A. an economic union.
B. a customs union.
C. a free trade area.
D. a common market.
Answer: B
A clothes retailer has estimated a linear trend equation including trend, seasonal and cyclical components to forecast its sales for the next four quarters. Which of the following factors would generate actual sales figures that are likely to differ markedly from the forecast?
A. A drop in sales due to emergency roadwork blocking access to the store.
B. A drop in sales due to the ongoing economic recession.
C. An increase in sales due to the increasing popularity of their brand.
D. An increase in sales before a major religious festival.
Answer: D
In recent years, consumer groups have become more vocal in calling for the boycott of producers whose suppliers do not comply with international regulations on workplace safety and child labour. A fashion company that outsources its production to low labour cost countries should include this phenomenon in which part of their PESTEL framework?
A. Т
B. E
C. S
D. P
Answer: C
Company A owns a factory in a foreign country. Which of the following types of exchange rate risk is company A most likely to experience in relation to the value of the factory?
A. Economic risk
B. Energy risk
C. Transaction risk
D. Translation risk
Answer: D
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? (Choose two.)
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.
Answer: CE