Pass the CIMA CIMA Operational E1 Questions and answers with CertsForce

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Viewing questions 11-20 out of questions
Questions # 11:

Organisation Z distributes beauty products to retailers and salons. As part of the operations management function, demand is forecasted from historical sales records. The marketing department, on the other hand, has predicted temporary higher levels of demand due to a recent popular advertising campaign.

 

Which capacity planning technique is appropriate?

Options:

A.

Level capacity planning


B.

Chase capacity planning


C.

Demand capacity planning


D.

Optimised production technology


Expert Solution
Questions # 12:

Which of the following organisations would best describe a 'professional bureaucracy'?

Options:

A.

A hospital


B.

A newsagent


C.

A manufacturing company


D.

A project based company


Expert Solution
Questions # 13:

An employee feels forced to resign due to their employer allowing them to be bullied. Which type of dismissal is this an example of?

Options:

A.

Constructive


B.

Unfair


C.

Wrongful


D.

Arbitrary


Expert Solution
Questions # 14:

Which of the following are the tasks associated with the effective management of the treasury function?

 Select ALL that apply.

Options:

A.

Legally avoid paying as much tax as possible


B.

Minimise foreign exchange losses


C.

Effectively manage the cash position


D.

Effectively manage the trading position


E.

Ensure compliance with statutory reporting


F.

Ensure effective product pricing


Expert Solution
Questions # 15:

Which of the following do working capital reports include?

Options:

A.

Performance reports


B.

Cost of sales


C.

Budgets


D.

Cash reports


Expert Solution
Questions # 16:

P works within Company A as a legal advisor. She is also trained in Human Resources (HR) and the Managing Director has asked for her help in dealing with some disciplinary issues. This will involve her temporarily transferring away from her legal role. Which organisational form has the HR assistance taken?

Options:

A.

Project based support


B.

Networked support


C.

Virtual support


D.

Outsourced support


Expert Solution
Questions # 17:

Which of the following best outlines the shift to higher level' skills anticipated to be fundamental to future accountants'?

Options:

A.

The ability to collect and process data


B.

The ability to balance ledger accounts


C.

The ability to produce an extended trial balance


D.

The ability to evaluate data sources.


Expert Solution
Questions # 18:

Which of the following are benefits of appraisals? Select ALL that apply.

Options:

A.

Identifies where the employee needs improvement and how to go about it.


B.

Ties in with career planning.


C.

Sets targets to help improve employee motivation.


D.

Rewards performance above and beyond the expected.


E.

Allows manager/employee to exchange feedback.


F.

Can reduce the chance of confrontation occurring.


G.

The process is usually devoid of bias.


Expert Solution
Questions # 19:

Bright Idea Co. specialises in manufacturing light bulb filaments. It is considering outsourcing some of it activities in order to reduce costs and improve customer service.

Which of the following is an example of asset specificity that is likely to be an important consideration in their decision?

Options:

A.

An R&D manager who has been in the business for 18 years and has specialist knowledge of the formulations.


B.

A building that has been designed specifically for manufacturing light bulb filaments.


C.

High tech and expensive filling machines in the factory.


D.

A sales director who is well known and popular throughout the industry.


Expert Solution
Questions # 20:

The growth and success of virtual teams have been a result of which THREE developments becoming available to organisations?

Options:

A.

Computer-aided design processes


B.

Accurate systems of inventory management


C.

Safe transfer of funds electronically


D.

Remote on-line meetings


E.

Electronic information sharing


F.

Efficient broadband connections


Expert Solution
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