Pass the CIMA CIMA Certificate BA1 Questions and answers with CertsForce

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Questions # 41:

If an economy went into a recession, which industry would experience the largest proportionate fall in sales, output and employment?

Options:

A.

Retail supermarkets


B.

Food processing industry


C.

Petrol retailing


D.

Luxury good manufacturers


Expert Solution
Questions # 42:

Identify from the list below the financial instrument that is not a method of government borrowing:

Options:

A.

Cash (i.e. notes and coins)


B.

Taxation


C.

Contributions to state-provided pensions


D.

Government bonds


Expert Solution
Questions # 43:

Which of the following will be characteristics of the stakeholders most able to influence the management of an organization?

Options:

A.

High power, low interest


B.

High power, high interest


C.

Low power, high interest


D.

Low power, low interest


Expert Solution
Questions # 44:

Select the best definition of a regressive tax from the options below:

Options:

A.

A tax which rises proportionately with income


B.

A tax which rises more than proportionately with income


C.

A tax which rises less than proportionately with income


D.

A tax on expenditure


Expert Solution
Questions # 45:

All of the following are early indicators of a recovery from a recession except which one?

Options:

A.

A rise in business confidence.


B.

An acceleration in the growth of the money supply.


C.

A fall in the level of net personal debt.


D.

An increase in the number of unfilled vacancies.


Expert Solution
Questions # 46:

In a customs union member countries

Options:

A.

Meet to agree tariff increases affecting internal trade between themselves


B.

Trade freely with each other and impose their own national restrictions on trade with the rest of the world


C.

Trade freely with each other and accept a common external tariff for trade with the rest of the world


D.

Replace national currencies with a common currency such as the Euro


Expert Solution
Questions # 47:

In a fully employed economy, which one of the following would lead to demand pull inflation?

Options:

A.

A reduction in the rate of income tax


B.

A rise in value added tax


C.

An increase in the world price of oil


D.

A rise in interest rates


Expert Solution
Questions # 48:

Which ONE of the following would appear as a debit item on a country's balance of payments current account?

Options:

A.

Overseas investment by a domestic multinational company


B.

Expenditure in the country by an overseas visitor


C.

A flow of company profits to the parent company based in another country


D.

Payment by an overseas company for services provided in the country


Expert Solution
Questions # 49:

Which ONE of the following is regarded as a general characteristic of an organization?

Options:

A.

Controlled performance of its activities


B.

Social goals towards society


C.

Collective goals towards society


D.

Social arrangement of people


Expert Solution
Questions # 50:

A rise in interest rates in an economy would lead to all of the following except which one ?

Options:

A.

A rise in the exchange rate for the currency


B.

A rise in personal saving


C.

An increase in business investment


D.

A rise in public expenditure


Expert Solution
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