Free CIMAPRA17-BA1-1 Exam Braindumps (page: 9)

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In a recession which ONE of the following would be likely to experience the largest fall in demand for its products?

  1. A manufacturer of industrial machine tools
  2. A chain of supermarket grocery stores
  3. A motor insurance company
  4. A toothpaste manufacturer

Answer(s): A



In which of the stages of the trade cycle should the management accountant consider forecasting lower sales than in the previous year?

  1. Recession
  2. Depression
  3. Recovery
  4. Boom

Answer(s): A



A firm is considering a large capital investment project. It is considering delaying it in case the government introduces special tax breaks for investment that will reduce the tax the firm pays. In which stage of the trade cycle is the government least likely to reduce taxation?

  1. Recession
  2. Depression
  3. Recovery
  4. Boom

Answer(s): D



At which stage of the trade cycle should management anticipate a rise in interest rates?

  1. Recession
  2. Depression
  3. Recovery
  4. Boom

Answer(s): D






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