CIMA CIMAPRA19-E01-1 Exam Practice Test Instant Access

Question 1

Which of the following is a disadvantage of outsourcing?

AOutsourcing can remove uncertainty about cost.

BIt can save on costs by making use of a supplier's economies of scale.

CAccess to specialist knowledge is made possible.

DTransaction costs will arise as a consequence of the outsourcing agreement.

Answer : D

Question 2

The psychological contract is by nature:

Aunwritten and not legally binding.

Blegally enforceable due to custom and practice.

Cwritten as part of a worker's terms and conditions.

Drenegotiated annually between management and unions.

Answer : A

Question 3

Company X is a manufacturing company. Itisimplementing a new IT system within the accounts department.

Which of the followingisthe most appropriate organisational structure for this project?

AGeographical

BMatrix

CDivisional

DFunctional

Answer : B

Question 4

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

AComputer Aided Design (CAD)

BTransaction Processing System (TPS)

CComputer Aided Manufacturing (CAM)

DMaterials Resource Planning (MRP)

Answer : A, C

Question 5

Which of the following provides thebestdescription of an intranet?

AEmployees use networked computers to access information held on a server.

BAuthorised outsiders use networked computers to access information held on a server.

CA worldwide network of computers.

DA collection of data organised to service many applications providing access to a wide variety of users.

Answer : A

Question 6

Company O has appointed a new CEO who is well known in the industry for making radical changes within the companies that she works for. After her first 9 months in the role, she announced some changes that she wanted to make, starting with the Finance Department. She stressed an intention to focus inwards on improvements to efficiencies and that she was not afraid to make fundamental changes if this is what is required to achieve those improvements. Which of the following is described above?

ABusiness Process Re-engineering

BSegregation of the finance function

CRelocation of production

DReconfiguration to market oriented.

Answer : A

Question 7

Velocity is one of the defining characteristics of Big Dat

a. Which of the following most accurately defines what this means?

AThe speed of data creation

BThe volume of the data

CThe different formats of data

DThe validity of data

Answer : A

CIMA E1 Managing Finance in a Digital World CIMAPRA19-E01-1 Exam Practice Test