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Candidates are required to demonstrate their knowledge in this section. Candidates are required to answer nine out of 20 questions correctly in this section. CIMA BA1 Dumps cover all questions of CIMA BA1. This section is a practical test which requires you to do both research and interpretation on specific topics. You will be required to research three different topics, and you will also have to explain your findings in relation to those topics. Candidates are required to demonstrate their professional competency by answering 12 out of 20 questions correctly in this section.
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This section is a knowledge-based test which demands candidates to possess sufficient understanding of key accounting topics such as accounts, financial reporting, tax, statutory accounting principles and professionalism. Candidates must attempt the exam based on their prior knowledge. CIMA BA1 Certification Exam requires you to know: Candidates must also demonstrate their professional competence by answering four out of 14 questions correctly in this section. Depending on your prior accounting knowledge, you may cover the following syllabus for this section:
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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Microeconomic and Organisational Context of Business | 30% | - Demand, supply and market equilibrium - Price elasticity and revenue effects - Business objectives and stakeholder influences - Market failure and government intervention - Market structures and pricing behaviour |
| Topic 2: Financial Context of Business | 25% | - Functions and structure of financial markets - Interest rates and their impact on business - Simple and compound interest, annuities and perpetuities - Financial institutions and their roles - Time value of money and discounting |
| Topic 3: Informational Context of Business | 20% | - Role of information technology and big data - Data types, sources and characteristics - Probability and basic statistical techniques - Index numbers and time series analysis - Presentation and interpretation of business data |
| Topic 4: Macroeconomic and Institutional Context of Business | 25% | - National income and economic activity - Economic growth, business cycles and price levels - International trade and globalisation - Exchange rate systems and balance of payments - Monetary and fiscal policy |
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