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CIMA E1 Exam Syllabus Topics:

CIMA Managing Finance in a Digital World Sample Questions:

1. A high volume operation is likely to be characterised by which of the following?

A) High labour flexibility
B) High cost inputs
C) High capital intensity
D) High labour pay rates

2. 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) Recruitment may be more difficult
C) Profit will increase
D) There may be a loss of competitive advantage
E) Staff motivation may reduce
F) Staff skill levels may reduce

3. Which of the following is an example of a computerised system that is used to plan production requirements of raw materials, work-in-progress and finished goods?

A) Material requirement planning (MRP)
B) Total quality management (TQM)
C) Manufacturing resource planning (MRP II)
D) Enterprise resource planning (ERP)

4. M works for an organisation that adopts the principle of a total reward package for high achieving employees.
The organsiation recognises that there are more things to motivate staff than cash remuneration alone. M is striving for promotion and has been promised a company car and prominent car parking space at the front of the office if he achieves it. Which of Maslow's needs is being identified in the scenario above?

A) Safety
B) Ego
C) Self-fulfillment
D) Social

5. Which of the following is the main reason for the growing demand for Big Data by organisations?

A) Gaining a competitive advantage
B) Improving supplier relationships
C) Improving privacy and security
D) Allowing remote working

Solutions: