CIMA CIMAPRA17-BA1-1 Quiz 2 Topic 1 Questions 6-10

Question: 1

Economies of scale can result from all the following except one. Which is the exception?

AAn increase in the size of a firm's capacity and plant

BA bus company replacing smaller buses with larger buses

CA factory employing two shifts of workers rather than one shift per day

DIncreased firm size allowing the firm to employ specialist managers

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Question: 2

Other things remaining equal, which one of the following is likely to increase as a result of the sale by the central bank of a large quantity of government bonds?

AThe quantity of money

BThe yield of government bonds

CThe liquid reserves of banks

DThe price of government bonds

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Question: 3

Which of the following are not classed as a non-bank financial intermediary?

ALife insurance companies

BBuilding societies

CFinance houses

DInvestment exchanges

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Question: 4

The managing director of Polly's, a department store, has found that ten of its stores located in the south east of England have seen a significant fall in profit margin.

Which of the following is most likely to be the cause of this?

AAn increase in rent for the premises in which the store is located

BA decrease in sales at these stores

CAn increase in footfall at these stores

DA decrease in rent for the premises in which the store is located

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Question: 5

Which of the following are not classed as a non-bank financial intermediary?

ALife insurance companies

BBuilding societies

CFinance houses

DInvestment exchanges

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CIMA CIMAPRA17-BA1-1 Quiz:2 Topic:1 Questions:6-10