CIMA E1 Questions Answers

Managing Finance in a Digital World Questions and Answers

Question 17

Which of the following is NOT a component of the working capital cycle?

The average time that raw materials remain in inventory

The time taken to produce the goods

The time taken by customers to pay for the goods

The time taken by the bank to approve lending

Question 18

Which of the following are associated with the mission of an organisation?

Select ALL that apply.

Purpose of the organisation

Strategy of the organisation

Culture of the organisation

Product marketing strategy of the organisation

Service level of the organisation

Staff perception of the organisation

Question 19

Inventory control, which maintains a low level of inventory, is important to ensure which of the following?

Low holding costs

Uninterupted production

Continual customer satisfaction

High level of redundant stock

Question 20

M works in the finance function of S Company, a logistics and distnbution organisation

M has been asked to assist in narrating how the company has performed by collating the regular six monthly review for distribution to shareholders

Which of the following finance function activities best describes the activities M is likely be involved in?

Qualitative analysis

Sales forecasting

Corporate reporting

Quantitative analysis