Free CIMA CIMAPRA17-BA1-1-ENG Exam Questions

Become CIMA Certified with updated CIMAPRA17-BA1-1-ENG exam questions and correct answers

Page: 1 / 95

Total 471 Questions | Updated On: Jan 29, 2026

Add To Cart

Question 1

If the government imposed a legal minimum wage that was above the market equilibrium wage, the resulting unemployment would be the greatest when:

A : demand for labor and the supply of labor are both price inelastic

B : demand for labor and the supply of labor are both price elastic

C : demand for labor is price inelastic and the supply of labor is price elastic

D : demand for labor is price elastic and the supply of labor is price inelastic

Answer: B

Question 2

Based on historical time series data, a chemicals company uses sales ($million) as the y variable and time (year) as the x variable and equation.

y = - 3935 47 + 2 02x

Using the equation, what is the company's predicted sales for the year 2020? Give your answer to the nearest million.

A : $15 million

B : $25 million

C : $35 million

D : $45 million

Answer: A

Question 3

The main purpose of government competition policy is to

A : event mergers between large companies

B : trict anti-competitive behavior by firms

C : mit the ability of firms to secure long run excess profits

D : force competition by breaking up large firms

Answer: B

Question 4

Organisations are able to achieve more than individuals can achieve because they allow people to do which THREE of the following?

A : devolve decision-making

B : pool resources

C : share skills and knowledge

D : specialise

E : earn profits

F : create hierarchies

Answer: A,C

Question 5

Which of the following statements about the sources of stakeholder conflict is true?

A : fferent stakeholders have different objectives

B : various stakeholders have differing degrees of influence

C : akeholder conflict only occurs in not-for -profit organizations

D : akeholders with high interest sometimes have limited influence

Answer: A

Page: 1 / 95

Total 471 Questions | Updated On: Jan 29, 2026

Add To Cart