CIMA Managing Finance in a Digital World - E1 Free Exam Questions

QUESTION NO: 1
Y Company is an online retailer of sportswear. It has software that monitors customers' search history.
On a weekly basis, the software automatically generates emails that are sent to specific customers offering special offers based on the items that the customer searched for, but didn't purchase, during the previous week.
Which of the following areas of marketing is this process assisting?

Correct Answer: D Vote an answer
QUESTION NO: 2
A financial training company is reviewing its current HR policy in relation to the ongoing training required by all professionally qualified employees. Part of this process will also help to identify individuals suitable for promotion in the near future.
Which element of the HR cycle is described above?

Correct Answer: C Vote an answer
QUESTION NO: 3
Workforce flexibility takes a number of different forms. Which of the following achieves flexibility where employees have the ability to move between tasks as and when required by the organisation?

Correct Answer: C Vote an answer
QUESTION NO: 4
The finance function has an important role in the management of performance and the achievement of the organization's plans and budgets.
Which of the key roles of the finance function does this best describe?

Correct Answer: B Vote an answer
QUESTION NO: 5
You work for a pharmaceutical company and during any one year cames out a range of different activities and projects. Which of the following sets of activities can be said to be connecting influence to impact?

Correct Answer: C Vote an answer
QUESTION NO: 6
M has a new job working in the finance function of HKF. a chain of hotels. At M's interview, new job working in the finance function of HKF. a chain of hotels emphasis on connecting the different activities in the organisation.
Which of the following is an example of connecting the different activities in an organisation'?

Correct Answer: C Vote an answer
QUESTION NO: 7
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.

Correct Answer: A,C,D Vote an answer
QUESTION NO: 8
Which of the following do working capital reports include?

Correct Answer: A Vote an answer
QUESTION NO: 9
YZ Company has grown rapidly and has recently recruited a finance director to set up a more structured finance function. During this process care will be needed to ensure effective lines of communication between different disciplines within the whole function and to recognise the interdependencies.
Which of the following are examples of the interdependence of elements of the finance function?
Select ALL that apply.

Correct Answer: A,D,F Vote an answer
QUESTION NO: 10
Which of the following best describes the 'passive stage' of purchasing?

Correct Answer: D Vote an answer
QUESTION NO: 11
Which of the following are measures a business might introduce specifically as part of its Corporate Social Responsibility (CSR) strategy?
Select ALL that apply.

Correct Answer: C,D Vote an answer
QUESTION NO: 12
It can be said that ethics is a set of moral principles underpinning the concept of right and wrong. Whether an action is actually right or wrong depends on which of the following?
Select ALL that apply.

Correct Answer: A,B,C Vote an answer

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