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CIMA Exam Practice Questions and Answers
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CIMA Exam Practice Questions and Answers
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CIMA Exam PracticeWhich of the following factors would not normally be considered when choosing between different
sources of investment:
A - Risk
B - Liquidity
C - Currency
D - Maturity - Answer -C - Currency
Which of the following would not normally be used to deal with the credit risk associated with
exporting:
A - Documentary credits
B - Forfaiting
C - Bills of exchange
D - Treasury bills - Answer -D - Treasury bills
On 1 April 20X4, an entity placed $5 million on deposit at an interest rate of 6.25%. The deposit has a
maturity date of 30 June 20X4 (91 days later). Calculate the amount of cash that the entity will receive
on maturity of the deposit. for interest purposes.) (There are 360 days in a year) - Answer -5,000,000 +
7,993 = 5,078,993
Complete the sentence below by placing one of the following options in the space. Competent
jurisdiction is:
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