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E1 Exam Dumps - CIMA Operational Questions and Answers

Question # 14

P works within Company A as a legal advisor. She is also trained in Human Resources (HR) and the Managing Director has asked for her help in dealing with some disciplinary issues. This will involve her temporarily transferring away from her legal role. Which organisational form has the HR assistance taken?

Options:

A.

Project based support

B.

Networked support

C.

Virtual support

D.

Outsourced support

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Question # 15

T Company has recently appointed J as Chief Data Officer

One of the responsibilities of the appointment is to ensure compliance with the General Data Protection Regulations (GDPR) in force in the jurisdiction

J's first action was to carry out an internal audit of GDPR compliance

Which THREE of the following audit findings are indicators that T Company is compliant with GDPR''

Options:

A.

Customers are given the option of unsubscribing from marketing emails

B.

Customer data is deleted when no longer required.

C.

Personal data is kept on a secure server, protected by a firewall

D.

Most of the staff were fully aware of their data protection responsibilities.

E.

98% of customer records were found to be accurate and up to date.

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Question # 16

Which of the following is NOT an advantage of remote working for an organisation?

Options:

A.

Increased employee motivation

B.

Increased employee commitment

C.

Increased co-ordination of employees

D.

Reduced absenteeism of employees

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Question # 17

General Data Protection Regulation (GDPR) legislation in the EU attempts to ensure that organisations follow certain principles.

Which of the following is contained in these principles?

Options:

A.

Data must be accurate, and where required, kept up-to-date

B.

Data can be kept for longer than necessary so long as it is secure.

C.

Data must be used lawfully but transparency is not required

D.

Data that is adequate and relevant can be used in any way

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Question # 18

An internal audit department is set up to help prevent fraud.  Which of the following are possible implications if fraud is allowed to take place?  

Select ALL that apply.

Options:

A.

Loss of new investors

B.

Theft of goods

C.

Criminal charges

D.

Inadequate segregation of duties

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Question # 19

A PESTEL analysis (political, economic, social, technological, ecological and legal) is used by marketing to monitor its macro environment. Select THREE examples of economic factors

Options:

A.

The introduction of new legislation relating to business tax

B.

Interest rates

C.

Social mobility

D.

New ways of distribution

E.

Consumers' propensity to save

F.

The rate of inflation

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Question # 20

R works in the finance function of TX Company, a large multinational vehicle manufacturer.

Most of R's work involves shaping how the company creates and preserves value by using effective controls.

Which of the following activities is R most likely to be involved with?

Options:

A.

Variance analysis

B.

Budgeting

C.

Sales forecasting

D.

Reviewing customer satisfaction

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Question # 21

'A mam stakeholder of the finance function typically enquires about the prospects of the business, alongside overall performance and feedback on the leadership team'

Which of the following stakeholders is being discussed?'

Options:

A.

Production

B.

Human Resources

C.

Sales

D.

SharehoWers

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Question # 22

XY is a small software development company. Which of the following are most likely to assist the organisation in facilitating innovation?

 

Select ALL that apply.

Options:

A.

Organisational structure

B.

Organisational culture

C.

Leadership of the organisation

D.

The planning processes

E.

The organisational targets

F.

The budgeting processes

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Question # 23

Which area of a Finance Manager's job role do the following tasks fit into?

Place the appropriate role against the task.

Options:

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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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