CIMA Exam CIMAPRA17-BA1-1 Topic 1 Question 86 Discussion

Actual exam question for CIMA's CIMAPRA17-BA1-1 exam

Question #: 86
Topic #: 1

In the short term, if an organisation's income is lower than its expenditure, it is an example of:

Afinancial intermediation

Black of financial synchronisation

Cwhy equity capital is needed

Dfinancial surplus

Show Suggested Answer

Suggested Answer: B

by Kasandra at Apr 29, 2024, 09:58 AM

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7 months ago

Okay, so not A or D. B or C more likely.

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7 months ago

Financial surplus definitely doesn't fit. Income lower than expenditure isn't a surplus.

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8 months ago

Makes sense, but could be C) why equity capital is needed too.

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8 months ago

I think the answer is B) lack of financial synchronisation.

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8 months ago

Yeah, the income vs expenditure thing.

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8 months ago

The question's bit tricky.

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