CIMA E1 : 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. AB Company operates a capital intensive production process and cannot quickly add capacity. Which of the following best describes this production strategy?

A) Forecasting demand and matching this to production capacity
B) Influencing demand to match production capacity
C) Maintaining a level capacity plan
D) Matching production capacity to demand

2. Which of the following provides the best description of an intranet?

A) A collection of data organised to service many applications providing access to a wide variety of users.
B) Employees use networked computers to access information held on a server.
C) Authorised outsiders use networked computers to access information held on a server.
D) A worldwide network of computers.

3. G Company has recently undergone a series of redundancies meaning that, in the near future, opportunities for promotion of remaining staff are likely to be limited. If the company wishes to keep staff motivated, which of the following techniques should NOT be used?

A) Job rotation
B) Job standardisation
C) Job enrichment
D) Job enlargement

4. Capturing and utilising big data is now a key element of many organisations' value adding process. Which of the following best describes the attribute of big data velocity*?

A) The capability to swiftly capture and process data in real time
B) The capacity to process large quantities of data
C) The capability to validate data to tolerable levels
D) The capability to process internal and external data

5. The finance function of Company E are considering using blockchain technology for its ledger systems Which of the following will be an advantage of introducing this technology?

A) Records can be easily changed and amended
B) Transactions are recorded by a sole participant
C) Costs of maintaining and reconciling ledgers can be reduced
D) It will be easy to understand and work with.

Solutions: