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E1 VCE Exam Download

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Question 36

S is employed within the accounting function of a small company. Due to the size of the company, there are not enough resources for separate accounting functions so S is responsible for both management and financial accounting tasks. As the company is so small there is no requirement for audit. However it does make use of the services of an external certified accountant for statutory accounting and taxation services. According to Mintzberg, in which part of the organisation does the external accountant belong?

Options:

A.

Strategic apex

B.

Support staff

C.

Technostructure

D.

Operating core

Question 37

Which of the following are advantages of a virtual team?  

 

Select ALL that apply.

Options:

A.

The costs of a central office are not needed.

B.

New members can be brought in and out of the team easily.

C.

Members do not feel isolated.

D.

It is easier to establish decision making processes.

Question 38

GBX has been receiving adverse customer feedback regarding late deliveries. As a result, it has decided to review its delivery logistics systems and related performance indicators.

The management team are discussing the introduction of a Key Performance Indicator (KPI) which allows a maximum of three hours to deliver a customer order

Which of the following SMART criteria is unlikely to apply to this KPI?

Options:

A.

Relevant

B.

Time-bound

C.

Specific

D.

Measurable

Question 39

AB Company is considering a recruitment campaign to provide extra senior marketing staff for a new product launch. AB produces specialist industrial cleaning products and has a well developed marketing function. Which of the following will be an effective alternative to a recruitment campaign?

Options:

A.

Promotion of existing staff in the department

B.

Secondment of staff from other departments

C.

Use of agency staff

D.

Job rotation within the organisation

Page: 9 / 24
Exam Code: E1
Exam Name: Managing Finance in a Digital World
Last Update: Nov 21, 2024
Questions: 336
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