CIMA E1 pass test : Managing Finance in a Digital World

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CIMA E1 Exam Syllabus Topics:

CIMA Managing Finance in a Digital World Sample Questions:

1. T is employed as an HR manager for a chain of hotels. A large part of her role is to assist the HR director with forecasting personnel requirements for the next one, three and six month periods respectively.
Which TWO of the following factors should be taken into consideration when forecasting personnel requirements?

A) Staff approaching retirement age
B) Changes to the minimum wage legislation
C) Absence and sickness rates
D) Employee turnover

2. There are four approaches to system changeover, each of which varies in terms of risk, cost and time. When there is a need to minimise costs and time the most suitable approach would be:

A) Phased changeover
B) Parallel running
C) Direct changeover
D) Pilot operation

3. Which of the following effects on tax is a benefit of the implementation of Corporate Social Responsibility (CSR) strategies?

A) Reduction in corporation tax
B) Reduction in income tax
C) Reduction in value added tax
D) Reduction in environmental taxes

4. Unclear cost and profit responsibilities can be a feature of which type of organisational structure?

A) Functional
B) Matrix
C) Geographical
D) Divisional

5. XY is a small software development company. Which of the following are most likely to assist the organisation in facilitating innovation?
Select ALL that apply.

A) The budgeting processes
B) Leadership of the organisation
C) Organisational structure
D) Organisational culture
E) The organisational targets
F) The planning processes

Solutions: