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 20,2025.
- Exam Code: CIMAPRO19-E01-1-ENG
- Exam Name: E1 Managing Finance in a Digital World
- Certification Provider: CIMA
- Latest update: Feb 20,2025
One of the finance function’s main stakeholders provides feedback on customer responses and reviews about the organisation’s products and services.
Which of the following will provide this feedback?
- A . Sales function
- B . Shareholders
- C . Production function
- D . Human Resources
AB Company is planning to produce a new product which will require an extra shift to be worked in its factory, and needs to know if the sales expected will cover the extra cost of manufacture.
Which of the following financial processes will be used to calculate this?
- A . Break even analysis
- B . Pricing analysis
- C . Investment appraisal
- D . Key factor analysis
The Finance Director has been asked to produce a cost saving plan for the organisation which is to come into effect immediately. His initial suggestion to enable quick savings is to cut the staff development and training budget by 50%.
Before he publishes the plan he has asked you to review it and let him know what the effect of this may be in the short term. Select ALL that apply.
- A . Key staff may leave
- B . Staff skill levels may reduce
- C . There may be a loss of competitive advantage
- D . Profit will increase
- E . Recruitment may be more difficult
- F . Staff motivation may reduce
Continued improvements in Information Technology have encouraged organisations to use IT increasingly to assist in their development.
Which of the following is such an improvement in IT?
- A . Increased data storage capacity
- B . Improved operations and manufacturing processes
- C . Improved communications systems
- D . Improved decision making processes
A high volume operation is likely to be characterised by which of the following?
- A . High capital intensity
- B . High labour pay rates
- C . High labour flexibility
- D . High cost inputs
XY Company operates a flexible manufacturing system, manufacturing a single standard product.
What is the disadvantage of this system if the organisation expands its product range?
- A . The cost of enhanced flexibility
- B . The ability to change between jobs
- C . Fast response times
- D . Small batches can be accommodated
There are several inter-related activities thought critical in implementing internal marketing.
Which THREE are valid?
- A . Internal customer segmentation
- B . Competitor analysis
- C . Internal communications
- D . Advertising
- E . Social media
- F . Regular customer surveys
Which TWO of the following tasks is associated with a Finance Department’s Management Accounting section?
- 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
XY Company manufactures in a highly competitive environment and achieves competitive advantage by regularly monitoring all the activities in its value chain.
Which of the following would be affected by problems in the outbound logistics function?
- A . Distributing finished goods
- B . Storing raw material
- C . Increasing customer awareness
- D . Dealing with customer enquiries
Which of the following gives the correct combination of valid stages in the HR cycle?
- A . Selection, performance, appraisal, rewards, training and development
- B . Recruitment, selection, induction, rewards, budgets
- C . Selection, culture, recruitment, induction rewards, budgets
- D . Selection, performance, culture, appraisal, rewards, training and development