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CIMA E1 Exam Syllabus Topics:

CIMA Managing Finance in a Digital World Sample Questions:

1. A high volume operation is likely to be characterised by which of the following?

A) High labour pay rates
B) High capital intensity
C) High cost inputs
D) High labour flexibility

2. There are four stages of development of supply chain management, according to Reck and Long's strategic positioning tool. Which stage of this model does the following description identify?
Emphasis is on better co-ordination between departments and suppliers involving timely communication about changes in price and availability of materials.

A) The supportive stage
B) The integrative stage
C) The passive stage
D) The independent stage

3. N is working on a project management team for the first time and is aware that there are distinct stages that follow on consecutively in the project management process However, N is unsure of the exact order of these stages Which of the following indicate the project management stages in the correct order?

A) Initiation. planning, controlling, executing, review and close
B) Initiation, planning, executing, controlling, review and close.
C) Planning, initiation, controlling, executing, review and close
D) Planning initiation, executing, controlling, review and close

4. Barry has heard that the government is planning to tighten environmental regulations. He doesn't like the sound of this, as even though some businesses won't be affected that much, he will have to end up paying a lot more to run his business.
Which of the following options would be most effective in preventing the government from imposing such regulation?
Select ALL that apply.

A) Try and set up meetings with high-ranking members of the government to persuade them to not impose the new regulation.
B) Make a large donation to the party in power in the hope that they'll abandon their plans to impose new regulation.
C) Tell a member of the governing party that he has some unscrupulous information about the party that he'll leak to the press if they go ahead with their plans to impose new regulation.
D) Make a large donation to the the main opposition party in the hope they'll put pressure on the governing party to not impose the new regulation.

5. C Company is a manufacturer of components for the electronics industry. Although enjoying healthy returns in the past, results for the last two years have shown a decline in profit. G has been brought in as the new Operations Manager. In her previous role, she was responsible for turning around a struggling organisation by using process mapping tools and she feels that this approach could also benefit her new company. Which of the following is NOT a feature of process mapping?

A) Establish what is currently happening and why
B) Identify the most suitable supplier of raw materials
C) Develop new improved processes to reduce or eliminate inefficiency
D) Measure how efficiently the process is working

Solutions: