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CIMA E1 Exam Syllabus Topics:

CIMA Managing Finance in a Digital World Sample Questions:

1. Company Y is looking into relocating its production from Country P to neighbouring Country O. After researching the cost of production, this move gives the benefit of reduced material and labour costs which more than off-set the costs of transferring the finished goods back into Country P for sale. The decision to relocate the production is classified as which of the following options?

A) Off-shoring
B) Near-shoring
C) Outsourced production
D) Retained production

2. Company P is a recruitment agency specialising in placing accountancy and legal personnel in employment. A large part of the role of the agency is to meet the prospective individuals in order to ensure they are placed in the most appropriate roles.
Which THREE elements of the marketing mix relate specifically to the type of business described, to a greater extent than would apply to a manufacturing company?

A) Promotion
B) Processes
C) Product
D) People
E) Physical evidence
F) Price

3. Which of the following functions is associated with the operating core of an organisation?

A) Manufacturing and production
B) Process standardisation
C) Catering services
D) Strategy evaluation

4. Which of the following statements best describes quantitative information?

A) Information that is derived from case studies.
B) Information that is often in the form of opinions
C) Information that comes from data normally expressed as numbers.
D) Information that is difficult to record and process.

5. Which of the following is NOT a feature of a knowledge management system specific to a particular organisation?

A) A wide area network
B) The internet
C) The intranet
D) A local area network

Solutions: