Free CIMAPRA17-BA1-1 Practice Test Questions and Answers (2026) | Cert Empire Practice Questions

Free preview: 20 questions.

Already purchased? Log in

CIMA CIMAPRA17 BA1 1

View Mode
Q: 1
An investor has bought a financial asset that pays a variable interest rate at the end of a three-year period At the same time, the invest forward rate agreement (FRA) on an agreed forward rate of 3% at the asset's maturity. What is the advantage of the FRA?
Options
Q: 2
A business is contemplating investing in a new project with a lifespan of three years and a capital cost of $100,000. The expected net cash flows from the project are as follows: Year 1 $35,000 Year 2 $50,000 Year 3 $40,000 The cost of capital to the business is 10% The net present value of the project is: $
Options
Q: 3
Which ONE of the following would make the market supply of a product price elastic?
Options
Q: 4
If the production of a good is characterized by significant external social costs, resource allocation can be improved by the government:
Options
Q: 5
All of the following would result from a shift from direct to indirect taxes except which one?
Options
Q: 6
All of the following are features of an economic union (for example, the European union) except which one?
Options
Q: 7
All of the following are sources of finance for business except which one?
Options
Q: 8
Select the best definition of a regressive tax from the options below:
Options
Q: 9
All the following statements about small firms are correct except one. Which statement is incorrect?
Options
Q: 10
Part of a country's unemployment figures will consist of people moving between jobs. Which type of unemployment is this?
Options
Q: 11
Which ONE of the following best explains the statement 'In not for profit organizations money is a constraint and not a goal'?
Options
Q: 12
The average price of recorded music CDs has been declining for several years. Which of the following changes in market conditions would NOT be a cause of this?
Options
Q: 13
Which ONE of the following statements best describes the impact of a government price floor (minimum price) set below free market price?
Options
Q: 14
Which global institution is concerned with co-coordinating economic policies and agreeing banking and financial regulations?
Options
Q: 15
When a minimum price is imposed on a good by the government, which is above the equilibrium price:
Options
Q: 16
All of the following are examples of economies of scale except which one?
Options
Q: 17
Identify which of the following features does not distinguish redeemable debt apart from equity:
Options
Q: 18
On an aggregate demand and aggregate supply diagram, cost-push inflation is shown by
Options
Q: 19

DRAG DROP Complete the table inputting the relevant effect for each of the scenarios listed. CIMA CIMAPRA17 BA1 1 question

Drag & Drop
Q: 20

DRAG DROP Assuming Country A has a floating exchange rate which of the following would lead to a fall of the exchange rate for Country A and which rise m the exchange rate for Country A. Complete the table below by matching the relevant label on the exchange rate of the scenarios listed. CIMA CIMAPRA17 BA1 1 question

Drag & Drop
Question 1 of 20

Premium Access Includes

  • Quiz Simulator
  • Exam Mode
  • Progress Tracking
  • Question Saving
  • Flash Cards
  • Drag & Drops
  • 3 Months Access
  • PDF Downloads
Get Premium Access
Scroll to Top

FLASH OFFER

Days
Hours
Minutes
Seconds

avail 10% DISCOUNT on YOUR PURCHASE