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CIMA Updated E1 Exam Questions and Answers by preston

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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: preston
Question 24

During the past six months NVT has been undergoing a study, as part of a rationalisation programme to review the profitability of each of its retail stores.

As a result, 30 stores have been identified for closure T with a further 50 stores selected to receive an investment of funds in order to remain profitable going forward. Throughout this process NVTs finance function has worked alongside others in the organisation providing advice and guidance.

Which TWO of the following areas has the finance function most likely been involved with as part of the review?

Options:

A.

Project Appraisal

B.

Management accounting

C.

Taxation

D.

Project Management

E.

Financial planning and analysis

Discussion
Question 25

Company V has made the decision to operate using Six Sigma in order to manage the supply chain within the production process. What process below is the method used to continually monitor and chart a process while it is operating?

Options:

A.

Statistical process control

B.

Material requirements planning

C.

Lean thinking

D.

Reverse logistics

Discussion
Question 26

You need to select potential candidates for the role of an office manager in a very busy office. An assessment centre has been organised to overcome the shortcomings associated with other selection techniques. Which of the following activities would be most suitable to assess candidates for the role of Office Manager?

Options:

A.

In-tray exercises

B.

A speech

C.

Self-appraisal

D.

A presentation

Discussion
Question 27

A boiler repair business uses an expert system in the form of a fault diagnostic system. What benefits does this give to the business?

Select ALL that apply.

Options:

A.

The business is less reliant on the senior technician for solving problems.

B.

Junior technicians are able to identify faults without a detailed knowledge.

C.

Faults are diagnosed quicker so customer service is improved.

D.

The business saves money by needing less senior mechanics and repairing boilers quicker.

E.

The system generates customer invoices quickly.

F.

The system can be used for other purposes such as staff rotas.

Discussion
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