CIMA CIMAPRO19-E01-1-ENG E1 Managing Finance in a Digital World Online Training
CIMA CIMAPRO19-E01-1-ENG Online Training
The questions for CIMAPRO19-E01-1-ENG were last updated at Feb 19,2025.
- Exam Code: CIMAPRO19-E01-1-ENG
- Exam Name: E1 Managing Finance in a Digital World
- Certification Provider: CIMA
- Latest update: Feb 19,2025
Which of the following are advantages of a virtual team? Select ALL that apply.
- 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.
Dismissal is a drastic form of disciplinary action.
Which THREE of the following examples would constitute fair dismissal?
- A . It has been discovered that the Management Accountant embezelled $10,000.
- B . A driver has been convicted of driving whilst under the influence of alcohol and has received a driving ban for 24 months.
- C . The Office Junior was 10 minutes late returning from lunch twice last week.
- D . The Office Manager has announced that she is pregnant.
- E . A senior manager has been passing product information to competitors.
- F . The Sales Manager has requested flexible working hours.
M is employed by an organisation that operates a chain of high street coffee shops. She has made a decision to purchase a failing cake shop in order to take it over and expand the presence of the organisation in the local area.
According to Mintzberg, which part of the organisation does M belong to?
- A . Strategic apex
- B . Techno-structure
- C . Middle line
- D . Operating core
One of the key corporate governance factors within an organisation is that of responsible planning and management of resources. This is often referred to as stewardship. Whilst this is the responsibility of all directors, financial resources are overseen by the financial director. The finance department, under the direction of the financial director, issues weekly staff performance reports to line managers and department heads, annual statistical information to local government departments and quarterly high level results statements to shareholders.
Why is stewardship such an important responsibility of company directors and the finance function?
- A . It is the interest of all stakeholders
- B . It is the interest of all shareholders
- C . It is the interest of the government
- D . It is the interest of the employees
Mita has set up a number of food shops and spends a lot of her time finding suitable staff Her key strength is going to farmers’ wholesale markets and selecting her suppliers She also carries out all the accounting functions and maintains the shops by acting as her own caretaker, carrying out repairs and maintenance at the weekends
Which aspect of the work would Mita be LEAST LIKELY to outsource?
- A . Sourcing the suppliers
- B . Human resources
- C . Repairs and maintenance
- D . Accounting
X Company has several distinctive corporate social responsibility stances including a concentration on the triple bottom line, being proactive, and treating stakeholders as partners.
According to Johnson, Whittington and Schools’ categorization which of the following stances would best fit X?
- A . Forum for stakeholder interaction
- B . Shaper of society
- C . Enlightened self-interest
- D . Laissez-faire
T is employed as an HR manager for a chain of hotels. A large part of her role is to assist the HR director with forecasting personnel requirements for the next one, three and six month periods respectively.
Which TWO of the following factors should be taken into consideration when forecasting personnel requirements?
- A . Staff approaching retirement age
- B . Absence and sickness rates
- C . Changes to the minimum wage legislation
- D . Employee turnover
Organisation X is 6 months into an overhaul in its supply chain management and production process.
The organisation aims to prevent errors before they occur, demands participation by all, including customers and suppliers, and the structure is driven by the entire Board of Directors.
Which method of management has Organisation X adopted?
- A . Total Quality Management
- B . Six Sigma
- C . Quality Circles
- D . Kaizen
A manufacturing company had major issues with quality standards and as a result received a number of complaints from its customers.
Due to this the company’s senior management has considered some new objectives for the business.
Which of the following comply with all requirements of a SMART objective and will help to overcome this issue? Select ALL that apply.
- A . To reduce the number of complaints due to quality issues by 28% by the end of the year.
- B . To reduce defects from 53 per 1000 to 35 per 10,000 within 10 months.
- C . To reduce the current level of defects from Oper 1,000 to 35 per 1,000 by the end of the month.
- D . To reduce quality issues significantly within eight weeks.
- E . To reduce the number of complaints from 754 to 450 as soon as possible
- F . To increase output from 2,500 units per hour to 3,500 units per hour within a year.
Stephanie has just secured a job as a management accountant for a well-known banking firm. She needs to understand the organisation’s financial position.
What should she do first in order to gain this understanding?
- A . Record the organisation’s transactions in the books of prime entry.
- B . Inform the tax authorities of the organisation’s revenues.
- C . Total all the day books and enter them into ledgers.
- D . Submit the company’s accounts to the IFRS.
Latest CIMAPRO19-E01-1-ENG Dumps Valid Version with 295 Q&As
Latest And Valid Q&A | Instant Download | Once Fail, Full Refund
