Pass the CIMA CIMA Operational E1 Questions and answers with CertsForce

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Questions # 1:

When testing an information system before it goes live, using contrived testing will present the system with which type of data and transactions?

Options:

A.

Unusual and unexpected data and transactions


B.

Realistic data and transactions


C.

Large volumes of data and transactions


D.

Routine mix of data and transactions


Questions # 2:

Velocity is one of the defining characteristics of Big Data.  Which of the following most accurately defines what this means?

Options:

A.

The speed of data creation


B.

The volume of the data


C.

The different formats of data


D.

The validity of data


Questions # 3:

A company sells double glazed windows. It has traditionally adopted a sales orientation and used aggressive direct selling techniques. As part of a new initiative, it is exploring its options to update its business philosophy.

 

Which of the following would be the most effective orientation for this business?

Options:

A.

Production orientation


B.

Product orientation


C.

Marketing orientation


D.

Selling orientation


Questions # 4:

Which of the following functions is responsible for the preparation of a company's statutory accounts?

Options:

A.

Financial accounting


B.

Management accounting


C.

Treasury management


D.

Corporate planning


Questions # 5:

One of the characteristics of Big Data is velocity. Which of the following most accurately defines what this means?

Options:

A.

The speed of data creation


B.

The volume of the data


C.

The different formats of data


D.

The validity of data


Questions # 6:

SSS has adopted some outsourcing practices in order to improve efficiency of its operations. One of the managers has been made aware that the supplier is now also working for a competitor. Which TWO of the following should SSS be concerned with regarding the supplier's and ompetitor's new relationship?

Options:

A.

Risk of loss of confidential information


B.

Risk of continuity of supply 


C.

Risk of increased transaction costs


D.

Risk of losing core competence


Questions # 7:

Which of the following is an advantage of a functional organisational structure?

Options:

A.

There is a clear career path for employees to work their way up through.


B.

The owner has a greater level of control over the workforce and all decisions.


C.

The structure is easily adapted for further diversification.


D.

It encourages teamwork and the exchange of opinions and expertise.


Questions # 8:

Strategic leadership by the finance function involves so-called level 1 activities.

These activities involve which of the following?

Options:

A.

Achieving the desired organisational impact


B.

Generating information for insight.


C.

Providing further insights to better inform decision makers


D.

Communicating insights to influence users


Questions # 9:

L and M are setting up a business offering guided hiking holidays in national parks throughout the world. The price of the holidays will include airfares and accommodation; their initial research shows that there will be a huge variability in the cost of both.

What type of pricing will be appropriate for their holidays?

Options:

A.

Price discrimination


B.

Skim pricing


C.

Penetration pricing


D.

Loss leader pricing


Questions # 10:

M is employed by an organisation that operates a chain of high street coffee shops. She has made a decision to purchase a failing cake shop in order to take it over and expand the presence of the organisation in the local area. According to Mintzberg, which part of the organisation does M belong to?

Options:

A.

Strategic apex


B.

Techno-structure


C.

Middle line


D.

Operating core


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