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CIMA Operational E1 Exam Dumps

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Question 64

The Finance function of XZY company, which is based in the UK. are planning how they can minimise the corporation tax costs

Which of the following is correct?

Options:

A.

Tax avoidance aims to reduce the amount of tax payable and is legal

B.

Tax avoidance aims to reduce the amount of tax payable and is illegal

C.

Tax avoidance operates within the spirit of the law.

D.

Tax avoidance is the same as tax mitigation

Question 65

Which TWO of the following statements are NOT aims of a reward system?

Options:

A.

To ensure consistency and fairness

B.

To comply with legislation

C.

To control costs

D.

To reward poor performance

E.

To encourage excessive risk taking

Question 66

Which TWO of the following are the responsibility of the Chief Financial Officer (CFO) in achieving the desired organisational impact?

Options:

A.

Generation of information and providing preliminary insight

B.

Working with specialists to provide further insight to decision makers

C.

Liaising effectively with internal and external stakeholders

D.

Financial planning and analysis.

E.

Launching key initiatives that support organisation goals

Question 67

XY Company is a manufacturing company making a variety of products for sale in different markets. Which of the following is the most likely organisational structure that such a company will adopt?

Options:

A.

Divisional structure

B.

Entrepreneurial structure

C.

Functional structure

D.

Matrix structure

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Exam Code: E1
Exam Name: Managing Finance in a Digital World
Last Update: Nov 21, 2024
Questions: 336
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