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CIMA Updated E1 Exam Questions and Answers by amar

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CIMA E1 Exam Overview :

Exam Name: Managing Finance in a Digital World
Exam Code: E1 Dumps
Vendor: CIMA Certification: CIMA Operational
Questions: 336 Q&A's Shared By: amar
Question 60

Which of the following best defines Business Process Re-engineering (BPR)?

Options:

A.

BPR involves fundamental changes in the way the organisation operates.

B.

BPR is the continuous examination and improvement of processes.

C.

BPR is based on the idea that 80% of an outcome is dependant on only 20% of the inputs.

D.

The main aim of BPR is to save costs.

Discussion
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Question 61

AB Company is planning to implement a new IT system. The existing system runs all of the financial ledgers and is key to the running of the whole organisation. Which of the following will NOT be a suitable method for the changover of the system?

Options:

A.

Phased changeover

B.

Direct changeover

C.

Parallel changeover

D.

Pilot changeover

Discussion
Question 62

Which of the following is an advantage of outsourcing?

Options:

A.

Cost savings may be made

B.

Core competence may be strengthened

C.

Data confidentiality is stengthened

D.

Continuity is guaranteed

Discussion
Question 63

There are four stages of development of supply chain management, according to Reck and Long's strategic positioning tool. Which stage of this model does the following description identify?

 

Emphasis is on better co-ordination between departments and suppliers involving timely communication about changes in price and availability of materials.

Options:

A.

The passive stage

B.

The independent stage

C.

The supportive stage

D.

The integrative stage

Discussion
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