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
The marketing environment includes political, economic, social, technological, ecological and legal factors affecting marketing (PESTEL). Select THREE examples of economic factors.
- A . Consumers’ propensity to save
- B . Interest rates
- C . The introduction of new legislation relating to business tax
- D . The rate of inflation
- E . New ways of distribution
- F . Social mobility
The structure of an organisation is likely to change as the organisation develops and grows.
Which type of structure is associated with an organisation which is in its early days?
- A . Entrepreneurial
- B . Functional
- C . Divisional
- D . Matrix
Assessment centres can use a range of techniques to assess an applicant’s competencies against pre-set criteria.
Which document would set out the competencies required for them to compare against?
- A . Person Specification
- B . Job description
- C . Application forms
- D . Appraisal documentation
DRAG DROP
Kolb’s learning cycle suggests that learning is a series of steps based on learning from experience.
Match the various stages of the cycle with the correct description.
In preparation for GD Company’s annual people resourcing meeting, PR is creating the HR Plan for the Finance Directorate. He is currently collecting information for the second stage of the plan i.e. Internal Analysis.
Which THREE of the following will PR need information about for this stage?
- A . Levels of absenteeism
- B . Identification of shortages of staff
- C . Turnover of staff
- D . Identification of excess staff
- E . Staff potential
- F . Population trends
L is employed within a startup organisation that has limited funds. The organisation is a firm of lawyers specialising in all legal fields, such as family law, property law, commercial law and litigation. Due to the relative infancy of the organisation, and restrictions on funds, they have to be prudent with their choice of information systems. They have all the IT they need for staff but the agreed best way to build the business has been to focus on building their client and prospective client base.
Which of the following should the organisation invest in to help achieve this aim?
- A . Intranet
- B . Enterprise Resource Planning software
- C . Customer Relationship Management software
- D . Purchase cloud backup capabilities
Data science is increasingly important in the production of business focused data It consists mainly of experts with backgrounds in mathematics, programming and computer science
Which of the following best describes the attributes of a data scientist?
- A . Individuals who act as an interface between the business functions and data specialists
- B . individuals with the ability to extract meaning from and interpret data from statistics and machine learning.
- C . Individuals who flag inefficiencies in the system and potentially suggest improvements and test solutions.
- D . Individuals who can affect or be affected by the organisations actions
Which of the following best outlines the shift to higher level’ skills anticipated to be fundamental to future accountants’?
- A . The ability to collect and process data
- B . The ability to balance ledger accounts
- C . The ability to produce an extended trial balance
- D . The ability to evaluate data sources.
Which TWO of the following are non-incorporated organisations?
- A . K, who runs a business alone and is entitled to all profits
- B . P and Q who share joint responsibility for their business and all its debts
- C . MN, a family-owned business sharing profits by means of dividends
- D . XY, an organisation whose owners can trade their shares publicly
- E . The British Red Cross Society, a well known charity
AB Company is planning to implement a new IT system. The existing system runs all of the financial ledgers and is key to the running of the whole organisation.
Which of the following will NOT be a suitable method for the changover of the system?
- A . Phased changeover
- B . Direct changeover
- C . Parallel changeover
- D . Pilot changeover
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