CIMA E1 Managing Finance in a Digital World
eBook - PDF

CIMA E1 Managing Finance in a Digital World

Exam Practice Kit

  1. English
  2. PDF
  3. Available on iOS & Android
eBook - PDF

CIMA E1 Managing Finance in a Digital World

Exam Practice Kit

About this book

BPP Learning Media provides comprehensive materials that highlight the areas to focus on for your exams and complement the syllabus to increase your understanding.

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Information

Objective 
test 
questions 
2
Managing 
Finance 
in 
Digital 
World 
Questions 
1
Role 
of 
the 
finance 
function 
1.1
Corporate 
governance 
is 
best 
described 
as: 
○ 
code 
for 
organisational 
direction, 
administration 
and 
control 
○ 
Stakeholder 
guidelines 
○ 
system 
of 
penalties 
for 
unethical 
behaviour 
○ 
The 
relationship 
between 
an 
organisation 
and 
the 
government 
1.2
Which 
of 
the 
following 
is 
the 
objective 
of 
effective 
business 
processes? 
○ 
Creating 
the 
maximum 
output 
○ 
Creating 
value 
for 
money 
products 
○ 
Creating 
the 
maximum 
output 
for 
minimum 
input 
○ 
Creating 
the 
best 
quality 
output 
from 
the 
available 
inputs 
1.3
In 
order 
to 
establish 
whether 
particular 
organisation 
should 
be 
classified 
as 
business 
or 
not, 
it 
would 
be 
necessary 
to 
enquire 
as 
to 
the 
nature 
of 
its: 
○ 
Primary 
objective 
○ 
Mission 
○ 
Vision 
○ 
Secondary 
objective 
1.4
Which 
of 
the 
following 
characteristics 
is 
NOT 
normally 
associated 
with 
Non-
Governmental 
Organisation 
(NGO)? 
○ 
Furthering 
humanitarian 
causes 
○ 
Championing 
social 
causes 
○ 
Making 
profits 
○ 
Exercising 
independence 
1.5
Which 
of 
the 
following 
is 
the 
primary 
financial 
objective 
of 
public 
sector 
organisations? 
○ 
Profitability 
○ 
Efficient 
use 
of 
resources 
○ 
Avoidance 
of 
loss 
○ 
Maximisation 
of 
charitable 
donations 

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