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E1 Exam Dumps - CIMA Operational Questions and Answers

Question # 94

Which TWO of the following tasks is associated with a Finance Department's Management Accounting section?

Options:

A.

Providing management with decision making information

B.

Preparing investment appraisals

C.

Corporate governance compliance within the organisation

D.

Arranging for the financing of plans made

E.

Dealing with tax administration

F.

Verifying systems of control

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Question # 95

Which THREE of the following suggest an independent approach to organisational purchasing according to Reck and Long?

Options:

A.

Growing awareness of the financial importance of purchasing.

B.

Skills in negotiating the best price with suppliers.

C.

A move away from reactive to more professional approaches.

D.

Involvement in strategic planning.

E.

Treating suppliers as partners.

F.

Efficient responses to requests for supplies from departments.

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Question # 96

Karl runs a factory. He wants his employs to feel that their role in the company has meaning.

Which of the following would help to make his employees feel this way?

Options:

A.

Ensure that all employees have a variety of jobs to do.

B.

Ensure each task has a clear identity, with it being made clear how that task fits into the overall operation.

C.

Ensure each task is significant in some way.

D.

Ensure each employee has a degree of independence and flexibility.

E.

Ensure employees can see the results of their work.

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Question # 97

A boiler repair business uses an expert system in the form of a fault diagnostic system. What benefits does this give to the business?

Select ALL that apply.

Options:

A.

The business is less reliant on the senior technician for solving problems.

B.

Junior technicians are able to identify faults without a detailed knowledge.

C.

Faults are diagnosed quicker so customer service is improved.

D.

The business saves money by needing less senior mechanics and repairing boilers quicker.

E.

The system generates customer invoices quickly.

F.

The system can be used for other purposes such as staff rotas.

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Question # 98

Unclear cost and profit responsibilities can be a feature of which type of organisational structure?

Options:

A.

Matrix

B.

Functional

C.

Divisional

D.

Geographical

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Question # 99

Which of the following will mean a company has breached a General Data Protection Regulation (GDPR) principle'?

Options:

A.

Data has been deleted after it is no longer required

B.

Data has been used fairly, lawfully and transparently

C.

Data has been kept for longer than necessary

D.

Data has been kept securely with restricted access

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Question # 100

Company A works closely with its customers, suppliers and other business partners. It securely shares part of its private network with this group of stakeholders

Which of the following best describes the type of network that Company A operates?

Options:

A.

An internet

B.

An intranet

C.

An extranet

D.

A database

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Question # 101

Company Y is looking into relocating its production from Country P to neighbouring Country O. After researching the cost of production, this move gives the benefit of reduced material and labour costs which more than off-set the costs of transferring the finished goods back into Country P for sale. The decision to relocate the production is classified as which of the following options?

Options:

A.

Retained production

B.

Outsourced production

C.

Near-shoring

D.

Off-shoring

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Question # 102

Arrange the stages of the product life-cycle in the correct order.

Options:

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Question # 103

Which THREE of the following features are associated with a delegated sourcing strategy as part of an organisation's supply network? 

Options:

A.

A single supplier

B.

Goods provided by second tier suppliers

C.

The burden of coordination and liaison with suppliers removed from the organisation 

D.

Annual formal tendering processes for potential suppliers to undertake

E.

Coordination and liaison with suppliers by the organisation's purchasing department

F.

An emphasis on low costs and just-in-time delivery

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Exam Code: E1
Exam Name: Managing Finance in a Digital World
Last Update: Feb 5, 2025
Questions: 336
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