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CIMA E1 Exam Syllabus Topics:

CIMA Managing Finance in a Digital World Sample Questions:

1. 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.

A) To reduce the number of complaints from 754 to 450 as soon as possible
B) To increase output from 2,500 units per hour to 3,500 units per hour within a year.
C) To reduce the current level of defects from Oper 1,000 to 35 per 1,000 by the end of the month.
D) To reduce the number of complaints due to quality issues by 28% by the end of the year.
E) To reduce defects from 53 per 1000 to 35 per 10,000 within 10 months.
F) To reduce quality issues significantly within eight weeks.

2. JNN Company, an engineering business, is seeking a bank loan to invest in the product expansion of a new device which dramatically reduces pollution from road vehicles.
Sales have seen a rapid increase and other organisations have also developed similar products.
In order to successfully obtain the loan, the bank requires a report of quantitative information regarding the new device Which of the following is most likely to satisfy the bank's requirements to supply the required loan?

A) Employee survey results regarding new training requirements.
B) A numerical indication of the increase in sales and market share.
C) A chart indicating the rapid sales growth.
D) Customer survey results for the new device.

3. AAA Hotel provides accommodation near a major airport. When considering capacity management the hotel needs to clarify the component measurements identified below.
Match each of the three measurements below with the correct capacity element.

4. 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?

A) Donald repaired a customer's broken computer but did not register the job through the computer system.
He then pocketed the cosh.
B) Donald borrowed the Screenhax repair van and used it for his own personal commitments without the consent from Vladimir.
C) Donald stole IT equipment from the shop.
D) Donald was responsible for paying all employees at Screenhax. He took advantage of this responsibility by creating a fictitious person and directing money to their account.
E) Donald's wife had a problem with her computer, so he stole one of the shop's refurbished computers and gave it to her to use.

5. Company E is renewing the IS within the organisation. This new system will enable all employees to access customer information, orders and credit control status to overcome the lack of integration between departments suffered with the previous system. Managers envisage some resistance to the change and want to try to make the transition as smooth as possible. To achieve this, all employees have been invited to share their ideas of what features the new system should include and how they would like the final interface to work. Which of Kotter, Schlesinger and Sache's methods of dealing with resistance is described above?

A) Participation
B) Negotiation
C) Facilitation
D) Education

Solutions: