CIMA Exam CIMAPRA19-F01-1 Topic 3 Question 57 Discussion

Actual exam question for CIMA's CIMAPRA19-F01-1 exam

Question #: 57
Topic #: 3

XY is an entity incorporated in Country B but operates in several countries. Monthly management meetings to decide on strategic matters take place in Country A, where the majority of its production happens. XY sells most of its goods to Country C.

In accordance with the Organization for Economic Co-operation and Development (OECD) rules on corporate residence which of the following statements is true?

AXY is resident in Country B because this is the country of its incorporation.

BXY is resident in Country C because this is the country where XY generates most of its revenue.

CXY is resident in Country A because this is the country of its effective management.

DXY is resident in Country A because this is the country where XY undertakes most of its production.

Show Suggested Answer

Suggested Answer: C

by Peggie at Aug 20, 2022, 10:06 PM

Limited Time Offer

25%

Off

Get Premium CIMAPRA19-F01-1 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Inocencia

4 days ago

This looks like a pretty straightforward question about managing tablespace and data file issues. I think I can handle this one.

upvoted 0 times

...

Trinidad

5 days ago

Okay, let me break this down step-by-step. ARMS-Prometheus is a monitoring service, and GPUs are hardware components. I think the key is whether ARMS-Prometheus has the capability to monitor GPUs specifically.

upvoted 0 times

...

Eva

7 days ago

Hmm, I'm not sure about that. Wouldn't it be better to use third-party data sources as an estimation of the real customers? That seems like it could give a more accurate picture.

upvoted 0 times

...

Malcom

11 days ago

Hmm, I'm a bit unsure about how to approach this. I'll need to review the concepts around weighted averages before attempting to solve it.

upvoted 0 times

...

Dona

16 days ago

Hmm, this looks tricky. I'll need to carefully read through the requirements and make sure I understand the network topology before attempting to configure the static routes.

upvoted 0 times

...

Ashton

18 days ago

This one seems pretty straightforward. I'm pretty sure the answer is the Posse Comitatus Act, which prohibits the military from enforcing civil law.

upvoted 0 times

...