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Free CIMA CIMAPRA17-BA1-1 Actual Exam Questions
The questions for this exam were last updated on January 7, 2026
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rson's correlation coefficient between the number of shirts sold per day (x) and the number of jackets sold per day (y), across its eight stores (n=8). What is the Pearson's correlation coefficient? Give your answer to two decimal places.
Select one option, then reveal solution.
Question No. 2
The government of Vencia has set out in its Budget a restrictive set of fiscal policies. These include raising VAT and the basic rate of income tax to 25%. The Bank of Vencia must now implement this Budget as monetary policy. Which of the following best outlines how the Bank of Vencia might do this?
Select one option, then reveal solution.
Question No. 3
VapNat, an e-cigarette store, has experienced a steep decline in sales over the past six months, despite the economy in general performing well. Which of the following are most likely to have contributed to such a decline? Select ALL that apply.
Select all that apply, then reveal solution.
Question No. 4
Company X's government has seen the the balance of payments deficit steadily rising while they have been in power. Which of the following would be a good policy to implement to counteract this?
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Question No. 5
Which of the following is NOT achieved by the price mechanism in a market economy?
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Question No. 6
Which ONE of the following would be expected to reduce the net present value of a proposed investment project? A rise in
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Question No. 7
Which of the following have been recommended in order to prevent a repeat of the 2008 financial crisis?
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Question No. 8
A bottle of brandy costs £25 in Country X, including both unit tax and ad valorem tax. These taxes are applied throughout the production process. Which of the following applies to this particular scenario? Select ALL that apply.
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Question No. 9
West Morton Rail has calculated that the number of passengers travelling on their railway increases during school holidays, while the inverse is true for most other railways in the country. Which of the following is the most likely reason for this unusual correlation?
Select one option, then reveal solution.
Question No. 10
The interest rate at TrowBank is currently running at 7%. The number of customers borrowing to invest has fallen drastically. Which of the following explains why this is the case? Select ALL that apply.
Select all that apply, then reveal solution.
Question No. 11
The component bar chart displaying sales revenues for different types of product sold by Pills Pharmaceuticals shows that the poorest performing products are its medical devices. Which of the following may be reasons for this? Select ALL that apply.
Select all that apply, then reveal solution.
Question No. 12
Why was the Global Banking Crisis of 2007 followed by a credit crunch of low lending?
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Question No. 13
PetsPlus Pic. has outsourced its marketing operations to the recently established marketing firm MarketMe. MarketMe has devised and distributed an online survey on behalf of PetsPlus Pic, asking customers to evaluate the products they purchase from the company. An example of a question from the survey is as follows: 'What do you think of PetsPlus's decision to outsource its marketing operations to a marketing firm? Which of the following best describes why this question will not yield good information for PetsPlus?
Select one option, then reveal solution.
Question No. 14
Which of the following is an internal economy of scale?
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Question No. 15
Which of the following will NOT affect the price elasticity of supply?
