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CIMA E1 Exam Syllabus Topics:

CIMA Managing Finance in a Digital World Sample Questions:

1. 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) Reconfiguration to market oriented.
B) Business Process Re-engineering
C) Segregation of the finance function
D) Relocation of production

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

3. 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 ability to change between jobs
B) Fast response times
C) Small batches can be accommodated
D) The cost of enhanced flexibility

4. 'A mam stakeholder of the finance function typically enquires about the prospects of the business, alongside overall performance and feedback on the leadership team' Which of the following stakeholders is being discussed?'

A) Sales
B) Production
C) Human Resources
D) SharehoWers

5. Which of the following are the primary objectives of a commercial organisation?
Select ALL that apply.

A) Maximise shareholder wealth
B) Ensure continued employment for staff
C) Protect the environment
D) Maximise trading performance
E) Ensure going concern status
F) Ensure compliance with tax legislation

Solutions: