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CIMA E1 Exam With Confidence Using Practice Dumps

Exam Code:
E1
Exam Name:
Managing Finance in a Digital World
Certification:
Vendor:
Questions:
336
Last Updated:
Dec 21, 2024
Exam Status:
Stable
CIMA E1

E1: CIMA Operational Exam 2024 Study Guide Pdf and Test Engine

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Managing Finance in a Digital World Questions and Answers

Question 1

M works for an organisation that adopts the principle of a total reward package for high achieving employees. The organsiation recognises that there are more things to motivate staff than cash remuneration alone. M is striving for promotion and has been promised a company car and prominent car parking space at the front of the office if he achieves it. Which of Maslow's needs is being identified in the scenario above?

Options:

A.

Ego

B.

Self-fulfillment

C.

Safety

D.

Social

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Question 2

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?

Options:

A.

Establish what is currently happening and why

B.

Measure how efficiently the process is working

C.

Identify the most suitable supplier of raw materials

D.

Develop new improved processes to reduce or eliminate inefficiency

Question 3

The Finance function of XZY company, which is based in the UK. are planning how they can minimise the corporation tax costs

Which of the following is correct?

Options:

A.

Tax avoidance aims to reduce the amount of tax payable and is legal

B.

Tax avoidance aims to reduce the amount of tax payable and is illegal

C.

Tax avoidance operates within the spirit of the law.

D.

Tax avoidance is the same as tax mitigation