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CIMA Operational E1 Reddit Questions

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Total 336 questions

Managing Finance in a Digital World Questions and Answers

Question 45

Company P is a recruitment agency specialising in placing accountancy and legal personnel in employment. A large part of the role of the agency is to meet the prospective individuals in order to ensure they are placed in the most appropriate roles.

 

Which THREE elements of the marketing mix relate specifically to the type of business described, to a greater extent than would apply to a manufacturing company?

Options:

A.

People

B.

Processes

C.

Physical evidence

D.

Promotion

E.

Price

F.

Product

Question 46

Corporate governance in the UK, that provides guidance regarding areas such as directors, internal controls and remuneration, is largely defined by which of the following?

Options:

A.

Greenbury report

B.

Combined Code

C.

Cadbury report

D.

Hampel report

Question 47

Company O has appointed a new CEO who is well known in the industry for making radical changes within the companies that she works for. After her first 9 months in the role, she announced some changes that she wanted to make, starting with the Finance Department. She stressed an intention to focus inwards on improvements to efficiencies and that she was not afraid to make fundamental changes if this is what is required to achieve those improvements. Which of the following is described above?

Options:

A.

Business Process Re-engineering

B.

Segregation of the finance function

C.

Relocation of production

D.

Reconfiguration to market oriented.

Question 48

Which TWO of the following are non-incorporated organisations?

Options:

A.

K, who runs a business alone and is entitled to all profits

B.

P and Q who share joint responsibility for their business and all its debts

C.

MN, a family-owned business sharing profits by means of dividends

D.

XY, an organisation whose owners can trade their shares publicly

E.

The British Red Cross Society, a well known charity

Page: 12 / 25
Total 336 questions