[Feb 06, 2024] Lesson Brilliant PDF for the E1 Tests Free Updated Today [Q170-Q192]

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[Feb 06, 2024] Lesson Brilliant PDF for the E1 Tests Free Updated Today

Get New 2024 Valid Practice CIMA Certification E1 Q&A – Testing Engine

CIMA E1 (Managing Finance in a Digital World) exam is a fundamental level exam offered by the Chartered Institute of Management Accountants (CIMA). E1 exam is designed to equip candidates with essential skills and knowledge in managing finance in the digital age. E1 exam is one of three exams that candidates must pass to earn the CIMA Certificate in Business Accounting.

 

QUESTION 170
There are four approaches to system changeover, each of which varies in terms of risk, cost and time. When there is a need to minimise costs and time the most suitable approach would be:

 
 
 
 

QUESTION 171
Which of the following best describes a digital mindset?

 
 
 
 

QUESTION 172
Over the past year, JKL Company has found that its two largest competitors have taken some of their market share since opening online stores At the same time JKL has noticed that the capabilities of the new computing equipment that it has recently introduced are much greater than the ones that it had replaced.
JKL has decided to launch its own online store, to compliment its chain of high street stores, m a bid to win back the market share that it has lost Existing staff will be retrained to carry out the online operation.
Which TWO factors, associated with the contextual design of an organisation, are driving this decision?

 
 
 
 
 

QUESTION 173
An effective induction programme will typically focus on which THREE of the following?

 
 
 
 
 
 

QUESTION 174
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?

 
 
 
 

QUESTION 175
Stephanie has just secured a job as a management accountant for a well-known banking firm. She needs to understand the organisation’s financial position.
What should she do first in order to gain this understanding?

 
 
 
 

QUESTION 176
Place the following categories typically found in a ‘person specification’ next to each job holder’s requirements.

QUESTION 177
Which TWO of the following key business areas can a standard cost record assist with?

 
 
 
 

QUESTION 178
Which of the following is associated with the control aspect of the finance function?

 
 
 
 

QUESTION 179
An individual works for Organisation

 

QUESTION 180
Mita has set up a number of food shops and spends a lot of her time finding suitable staff Her key strength is going to farmers’ wholesale markets and selecting her suppliers She also carries out all the accounting functions and maintains the shops by acting as her own caretaker, carrying out repairs and maintenance at the weekends Which aspect of the work would Mita be LEAST LIKELY to outsource?

 
 
 
 

QUESTION 181
Company E operates a management consultancy business with four international offices. All offices specialise in helping new businesses, with all support operations dealt with by headquarters. Which of the organisational structures below would best describe Company E.

 
 
 
 

QUESTION 182
Which TWO of the following are examples of a knowledge work system?

 
 
 
 

QUESTION 183
Appraisal systems involve the collection of feedback on an individual’s performance from a range of sources.
Which of the following sources apply to 180-degree appraisal?
Select THREE sources that apply.

 
 
 
 
 
 

QUESTION 184
TJD is a national retailer of garden accessories and a FTSE 350 company It is currently establishing a remuneration committee According to the UK Corporate Governance Code what is the minimum number of non-executive directors TJD’s remuneration committee should be made up of?

 
 
 
 

QUESTION 185
XYZ company is a large public limited company, registered in the UK and required to be externally audited Who is responsible for appointing the external auditors?

 
 
 
 

QUESTION 186
F manages a portfolio of clients, as do his colleagues. All income that is earned by them is pooled to cover costs and overheads and any remaining profits are split according to an agreed formula. F and his colleagues have joint and several liability in relation to the work they carry out on the organisation’s behalf.
Which of the organisation types listed below best describes the organisation that F works for?

 
 
 
 

QUESTION 187
Which of the following can facilitate innovation within an organisation?
Select ALL that apply.

 
 
 
 

QUESTION 188
Place ‘Management accountant’ or ‘Financial accounant’ next to each of the following statements according to which applies.

QUESTION 189
Which of the following is a disadvantage of using the internet, (E-marketing), to sell products?

 
 
 
 

QUESTION 190
XY Company has just completed a consumer survey which has produced large quantities of data regarding its products. Which of the following is NOT relevant in the processing of this data?

 
 
 
 

QUESTION 191
Company T has eight main products that it markets and sells. One particular product requires a low amount of ongoing investment, has low growth prospects but currently maintains a high market share.
According to the Boston Consulting Group Matrix, which category is this product in?

 
 
 
 

QUESTION 192
Velocity is one of the defining characteristics of Big Dat
a. Which of the following most accurately defines what this means?

 
 
 
 

To pass the CIMA E1 certification exam, candidates need to have a deep understanding of the topics covered in the exam. They also need to have excellent analytical skills and be able to apply their knowledge to real-world scenarios. E1 exam is designed to test candidates’ ability to solve complex problems and make informed decisions in a digital finance environment.

 

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