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CIMA BA1 Exam With Confidence Using Practice Dumps

Exam Code:
BA1
Exam Name:
Fundamentals of Business Economics
Certification:
Vendor:
Questions:
468
Last Updated:
Jan 24, 2025
Exam Status:
Stable
CIMA BA1

BA1: CIMA Certificate Exam 2024 Study Guide Pdf and Test Engine

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Fundamentals of Business Economics Questions and Answers

Question 1

A country's currency depreciates (falls) on the foreign exchange market. All of the following would be the effects of this on businesses within the country except which one?

Options:

A.

Businesses would lose income from each export as their export prices would fall.

B.

Businesses would face higher costs as prices of imported goods rose.

C.

Businesses would more easily compete with imported substitutes for their products.

D.

Businesses could keep the foreign exchange price of their exports constant and expand their profit margins.

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Question 2

Select the best definition of the corporate governance of a company from the list below.

Options:

A.

The structure and functions of the Board of a firm

B.

The systems by which companies are directed and controlled

C.

The composition and duties of the management of a company

D.

The financial and non-financial performance of a company

Question 3

A financial intermediary takes the small deposits of millions of savers and uses them to buy an issue of government (treasury) bills and bonds.

Identify from the list below the principle this illustrates:

Options:

A.

Maturity transformation

B.

Aggregation

C.

Risk transformation

D.

Money transmission