Free CIMA CIMAPRA17-BA1-1-ENG Exam Questions

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

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Total 471 Questions | Updated On: Oct 29, 2025

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Question 1

Globalization will have all the following effects on businesses except one. Which ONE is the exception?

A : cess to cheaper sources of supply in emerging economies

B : creased competition on world markets for manufactured goods

C : creased international transportation and communications costs

D : ability to shift production to low cost locations

Answer: C

Question 2

Mrjohnson, the managing director of Brilliant Buys, wants to plot the cumulative sales figures for each store nationwide over the course of a year on a graph. The sales by store are shown below:

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If these figures were plotted on an ogive, what would the line of cumulative frequency look like?

A : es until it reaches sales of 900,000 or less on the x axis, then declines

B : es until it reaches halfway between sales of 700,000 and 900,000 on the x axis, then declines

C : es until it reaches 43 stores on they axis, then declines

D : es until it reaches 43 stores on the x axis, then declines

Answer: A

Question 3

If the production of a good involves an external social cost, resource allocation could be improved by:

A : oviding a subsidy for the consumers of the good

B : posing an indirect tax on the good

C : oviding a subsidy for the producers of the good

D : government imposing price controls to reduce the price of the good.

Answer: B

Question 4

ToyTown, a soft toy manufacturer, produces what it claims to be the cheapest teddy bears on the market. The graph shows the current price of a ToyTown teddy bear and its relationship to the demand for ToyTown teddy

bears.

If the price of ToyTown teddy bears were to increase, what would happen to the demand?

A : mand would fall as consumers would look for alternative teddy bears to buy

B : mand would increase because the teddy bears would be seen as more prestigious by consumers due to their higher prices

C : mand would fall as the relationship between price and demand as shown in the graph is inelastic

D : mand would increase as the relationship between price and demand as shown in the graph is elastic

Answer: A

Question 5

The business sector will be affected by a contraction in the money supply because

A : terest rates will tend to fall, thus reducing business costs.

B : flation will fall and thus demand in the economy will expand.

C : nsumer credit will contract thus reducing consumer demand.

D : exchange rate will fall thus making business more internationally competitive.

Answer: C

Page: 1 / 95

Total 471 Questions | Updated On: Oct 29, 2025

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