CIMA E1

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Repeated consolidation exercise

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Propositional trend analysis is accurate

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Universal answer template

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CIMA Managing Finance in a Digital World Sample Questions:

1. Which TWO of the following are examples of a knowledge work system?

A) Materials Resource Planning (MRP)
B) Computer Aided Manufacturing (CAM)
C) Computer Aided Design (CAD)
D) Transaction Processing System (TPS)

2. Which of the following is the main reason for the growing demand for Big Data by organisations?

A) Allowing remote working
B) Gaining a competitive advantage
C) Improving privacy and security
D) Improving supplier relationships

3. A financial training company is reviewing its current HR policy in relation to the ongoing training required by all professionally qualified employees. Part of this process will also help to identify individuals suitable for promotion in the near future.
Which element of the HR cycle is described above?

A) Separation
B) Development
C) Maintenance
D) Acquisition

4. T is employed as an HR manager for a chain of hotels. A large part of her role is to assist the HR director with forecasting personnel requirements for the next one, three and six month periods respectively.
Which TWO of the following factors should be taken into consideration when forecasting personnel requirements?

A) Staff approaching retirement age
B) Employee turnover
C) Changes to the minimum wage legislation
D) Absence and sickness rates

5. Which THREE of the following refer to information sourced externally?

A) Production capacity
B) Share price
C) Taxation policy
D) Inflation rate
E) Tax deducted
F) Volume of pales

Solutions: