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

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Total 210 questions

Question 1

A financial training company is reviewing its current HR policy in relation to the ongoing training required by all professionally qualified employees. Part of this process will also help to identify individuals suitable for promotion in the near future.

Which element of the HR cycle is described above?



Answer : D

Question 2

An effectiveCorporate Social Responsibility (CSR) strategy can offerwhich ofthe following benefits toanorganisation.

Select ALL that apply.



Answer : A, B, C

Question 3

A manufacturing company had major issues with quality standards and as a result received a number of complaints from its customers.

Due to this the company's senior management has considered some new objectives for the business.

Which of the following comply with all requirements of a SMART objective and will help to overcome this issue?

Select ALL that apply.



Answer : A, B

Question 4

Which of the following are examples of a parallel changeover?

Select ALL that apply.



Answer : A, B

Question 5

Vladimir is the managing director of a IT repair business called Screenhax. The company has been operating for 10 years and has around 60 members of staff.

Donald, one of Vladimir employees, committed the act of 'skimming".

What did Donald do?



Answer : A

Question 6

A business is seeking to introduce TQM. It gets some advice from a business consultant on how to ensure it is successful in its implementation. Which of the following are likely to be included in the advice they receive?

Select ALL that apply.



Answer : A, B, C, D, E, F

Question 7

Which of the following statements regarding Just-In-Time (JIT) are true?

1:The main aim of JIT it to ensure a business has a sufficient amount of leftover stock, just in case it's needed further down the line.

2:Although the benefits of JIT are many, its use can end up harming supplier relations.

3:JIT generally results in lower costs for the business using it.



Answer : A

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Total 210 questions