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CIMA Operational Changed E1 Questions

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Question 12

Which of the following is a disadvantage of outsourcing?

Options:

A.

Outsourcing can remove uncertainty about cost.

B.

It can save on costs by making use of a supplier's economies of scale.

C.

Access to specialist knowledge is made possible.

D.

Transaction costs will arise as a consequence of the outsourcing agreement.

Question 13

Which of the following is NOT an element of the EOQ (Economic Order Quantity) equation?

Options:

A.

Total purchases per year

B.

Total ordering cost per order

C.

Total inventory cost per year

D.

The reorder quantity

Question 14

H works in the finance function and has been asked by the Finance Manager to draft a report to be part of the annual update to go out to all the employees of the organisation

H informs the Finance Manager the intention is to include a whole range of financial information including ratios and comparisons for the previous years in the report

Which of the following qualities of good information should H be most concerned with when producing the report?

Options:

A.

Relevant

B.

Adaptable

C.

Questioning

D.

Accurate

Question 15

Which of the following gives the correct combination of valid stages in the HR cycle?

Options:

A.

Selection, performance, appraisal, rewards, training and development

B.

Recruitment, selection, induction, rewards, budgets

C.

Selection, culture, recruitment, induction rewards, budgets

D.

Selection, performance, culture, appraisal, rewards, training and development

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Exam Code: E1
Exam Name: Managing Finance in a Digital World
Last Update: Dec 3, 2024
Questions: 336
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