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CIMA Operational E1 Full Course Free

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Question 52

Company T needs to update its forecast for the remaining 9 months of the financial year to comply with its bank financing convenants. There is a debate between the manufacturing department, which wants to replace some large equipment within the next six months, and the finance function, which wants to ensure that sufficient reserves have built up to fund the purchase outright rather than exploring further financing options. Which conflicting factors are the two departments debating?

 Select ALL that apply.

Options:

A.

Revenue expenditure

B.

Short term

C.

Capital expenditure

D.

Long term

E.

Independence

Question 53

An entity has several subsidiaries including F, which has an urgent staffing issue. The Financial Controller of F is due to start her maternity leave in 3 weeks time and there is currently a recruitment freeze in place to curtail employment costs. Human Resources needs to resolve the issue of covering the Financial Controller's position on a temporary basis. Which TWO of the options below will be suitable in these circumstances?

Options:

A.

Internal promotion

B.

Secondment

C.

Job enlargement

D.

Job rotation

E.

Early retirement

Question 54

Company V has traditionally sold children's toys from retail outlets. It is now exploring online retailing, or e-commerce, to expand its customer base. Which channel of distribution is Company V expanding into?

Options:

A.

Level zero channel

B.

Level one channel

C.

Level two channel

D.

Multiple level channel

Question 55

An employee feels forced to resign due to their employer allowing them to be bullied. Which type of dismissal is this an example of?

Options:

A.

Constructive

B.

Unfair

C.

Wrongful

D.

Arbitrary

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Exam Code: E1
Exam Name: Managing Finance in a Digital World
Last Update: Nov 23, 2024
Questions: 336
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