Pass the CIMA CIMA Operational E1 Questions and answers with CertsForce

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Questions # 61:

Level one of the contemporary shape of the finance function involves strategic leadership of the finance team. The head of the finance function is.

Options:

A.

The Finance Treasurer


B.

The Chief Executive Officer


C.

The Financial Accountant


D.

The Chief Financial Officer


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Questions # 62:

132b039e-24c5-4309-a196-3cc86243b4c6: The marketing environment includes at a macro level:


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Questions # 63:

One of the roles of the finance function is to help deploy solutions. Which activity of the "information to impact" framework is this a part of?

Options:

A.

Analyse


B.

Advise


C.

Apply


D.

Achieve


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Questions # 64:

A is developing a new mission statement. Which TWO of the following should NOT be included?

Options:

A.

The main business A is concerned with.


B.

The main purpose of A.


C.

A brief summary of A's values and beliefs.


D.

What will be achieved in 20 years' time.


E.

Detailed values such as respect, integrity, diversity, teamwork and innovation.


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Questions # 65:

Barry has heard that the government is planning to tighten environmental regulations. He doesn't like the sound of this, as even though some businesses won't be affected that much, he will have to end up paying a lot

more to run his business.

Which of the following options would be most effective in preventing the government from imposing such regulation?

Select ALL that apply.

Options:

A.

Try and set up meetings with high-ranking members of the government to persuade them to not impose the new regulation.


B.

Make a large donation to the party in power in the hope that they'll abandon their plans to impose new regulation.


C.

Make a large donation to the the main opposition party in the hope they'll put pressure on the governing party to not impose the new regulation.


D.

Tell a member of the governing party that he has some unscrupulous information about the party that he'll leak to the press if they go ahead with their plans to impose new regulation.


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Questions # 66:

Which of the following statements regarding shamrock organisations are true?

1:Shamrock organisations typically comprise four discrete components.

2:The core group of executives are often supported by external contractors and part-time staff.

3:One of the main characteristics of a shamrock organisation is its flexibility.

Options:

A.

2 + 3


B.

1


C.

2


D.

3


E.

1 + 2


F.

1 + 3


G.

1 + 2 + 3


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Questions # 67:

An internal audit department is set up to help prevent fraud.  Which of the following are possible implications if fraud is allowed to take place?  

Select ALL that apply.

Options:

A.

Loss of new investors


B.

Theft of goods


C.

Criminal charges


D.

Inadequate segregation of duties


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Questions # 68:

X Company has several distinctive corporate social responsibility stances including a concentration on the triple bottom line, being proactive, and treating stakeholders as partners. According to Johnson, Whittington and Schools' categorization which of the following stances would best fit X?

Options:

A.

Forum for stakeholder interaction


B.

Shaper of society


C.

Enlightened self-interest


D.

Laissez-faire


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Questions # 69:

Running shoe manufacturer Bo Joggs have a long established method to ensure their product is right first time. The aim is to reduce the amount of quality checking. Internal processes and procedures are closely

monitored so that the running shoes are of the highest standard before going to market.

What are Bo joggs likely to do to ensure this quality is maintained?

Select ALL that apply.

Options:

A.

Use the highest quality fabric.


B.

Employ skilled shoemakers.


C.

Train staff.


D.

Have the best quality shoe-making machinery.


E.

Use a Kaizen method of production.


F.

Adopt the Pa re to rule.


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Questions # 70:

When implementing a new IT system and according to the theory of Kotter, Schlesinger and Sache, which of the following is a benefit of using participation as a way of overcoming resistance to change?

Options:

A.

Involving user expertise will encourage commitment.


B.

Compromise will overcome resistance.


C.

Conflict is dealt with in an orderly fashion.


D.

Understanding the benefits will lead to acceptance.


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