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CIMA Operational E1 Release Date

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Total 336 questions

Managing Finance in a Digital World Questions and Answers

Question 37

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

Question 38

A PESTEL analysis (political, economic, social, technological, ecological and legal) is used by marketing to monitor its macro environment. Select THREE examples of economic factors

Options:

A.

The introduction of new legislation relating to business tax

B.

Interest rates

C.

Social mobility

D.

New ways of distribution

E.

Consumers' propensity to save

F.

The rate of inflation

Question 39

YKF is a manufacturer of candles with world-wide operations.

The finance department within YKF has recently adopted the use of accounting systems that are hosted and operated by an external provider, instead of being in-house.

The technology allows different users to access elements of the accounting software, regardless of location, through either an internet browser or an app on their mobile device

What technology has YKF adopted to make its accounting software more flexible?

Options:

A.

Data Analytics

B.

Blockchain

C.

Cloud computing

D.

Internet of things

Question 40

A Company is considering to outsource its accounts payable According to the transaction cost theory of Williamson and Coase, which of the following involve activities and costs associated with policing and enforcing the agreement with the service provider?

Options:

A.

Ensunri9lne outsourcer maintains the agreed service level.

B.

Agreeing an acceptable service level agreement.

C.

Monitoring asset purchases associated with the agreement

D.

Determining which supplier is the cheapest.

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Total 336 questions