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
At which stage of a systems development lifecycle is systems architecture considered?
- A . Systems design
- B . Feasibility
- C . Implementation
- D . System review
Bright Idea Co. specialises in manufacturing light bulb filaments. It is considering outsourcing some of it activities in order to reduce costs and improve customer service.
Which of the following is an example of asset specificity that is likely to be an important consideration in their decision?
- A . An R&D manager who has been in the business for 18 years and has specialist knowledge of the formulations.
- B . A building that has been designed specifically for manufacturing light bulb filaments.
- C . High tech and expensive filling machines in the factory.
- D . A sales director who is well known and popular throughout the industry.
XYZ company is a large public limited company, registered in the UK and required to be externally audited.
Who is responsible for appointing the external auditors?
- A . Executive directors
- B . Non-executive directors
- C . Shareholders
- D . Board of directors
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?
- A . Strategic apex
- B . Support staff
- C . Technostructure
- D . Operating core
Corporate governance in the UK, that provides guidance regarding areas such as directors, internal controls and remuneration, is largely defined by which of the following?
- A . Greenbury report
- B . Combined Code
- C . Cadbury report
- D . Hampel report
Which of the following is NOT a feature of a knowledge management system specific to a particular organisation?
- A . The internet
- B . A local area network
- C . A wide area network
- D . The intranet
Company O has appointed a new CEO who is well known in the industry for making radical changes within the companies that she works for. After her first 9 months in the role, she announced some changes that she wanted to make, starting with the Finance Department. She stressed an intention to focus inwards on improvements to efficiencies and that she was not afraid to make fundamental changes if this is what is required to achieve those improvements.
Which of the following is described above?
- A . Business Process Re-engineering
- B . Segregation of the finance function
- C . Relocation of production
- D . Reconfiguration to market oriented.
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?
- A . Project based support
- B . Networked support
- C . Virtual support
- D . Outsourced support
In order to understand the potential for conflict over the functioning of a finance department, B organisation’s new Chief Financial Officer has prepared a power/interest (Mendelow) matrix.
How should the Chief Financial Officer treat groups with high levels of interest but relatively low power when determining the role of the function?
- A . Keep these groups informed
- B . Take minimal effort with these groups
- C . Keep these groups satisfied
- D . Treat these groups as key players
Which of the following describes a disadvantage of succession planning?
- A . Planning requires resources to manage it.
- B . It can be cheaper than advertising.
- C . It motivates employees as rewards are visible.
- D . It develops career structures.
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