CIMAPRA19-E01-1 Dumps - E1 Managing Finance in a Digital World

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<p>CIMAPRA19-E01-1</p><p>Exam Name:</p><p>Full version: Q&As</p><p>Full version of CIMAPRA19-E01-1 Dumps</p><p>Share some CIMAPRA19-E01-1 exam dumps</p><p>below.</p><p>1. A facilities management company sells to local councils.</p><p>Which THREE of the following are appropriate methods of marketing?</p><p>A. Personal selling</p><p>B. Exhibitions</p><p>1 / 13</p><p>https://www.certqueen.com/.html</p><p>C. Technical seminars</p><p>D. Celebrity endorsements</p><p>E. Newspaper adverts</p><p>F. Social media</p><p>Answer: A, B, C</p><p>2. An electrical goods company produces colourful brochures for customers.</p><p>Which element of the marketing mix does this represent?</p><p>A. Physical evidence</p><p>B. Product</p><p>C. Price</p><p>D. Packaging</p><p>Answer: A</p><p>3. Which of the following is a disadvantage of outsourcing?</p><p>A. Outsourcing can remove uncertainty about cost.</p><p>B. It can save on costs by making use of a supplier's economies of scale.</p><p>C. Access to specialist knowledge is made possible.</p><p>D. Transaction costs will arise as a consequence of the outsourcing agreement.</p><p>Answer: D</p><p>4. Which of the following are benefits of appraisals? Select ALL that apply.</p><p>A. Identifies where the employee needs improvement and how to go about it.</p><p>B. Ties in with career planning.</p><p>C. Sets targets to help improve employee motivation.</p><p>D. Rewards performance above and beyond the expected.</p><p>E. Allows manager/employee to exchange feedback.</p><p>F. Can reduce the chance of confrontation occurring.</p><p>G. The process is usually devoid of bias.</p><p>H. Bureaucracy is reduced.</p><p>Answer: A, B, C, D, E</p><p>5. The finance function of an organisation supports the organisation's strategies and operations.</p><p>Which THREE of the following activities are fundamental to the role of the finance function?</p><p>A. Recruitment and selection of a new financial controller</p><p>B. Preparation of statutory reports</p><p>2 / 13</p><p>C. Preparation of plans, forecasts and budgets</p><p>D. Working capital reporting and control</p><p>E. Supplier selection for a new raw material supplier</p><p>F. Customer management and after-sales support</p><p>Answer: B, C, D</p><p>6. You need to select potential candidates for the role of an office manager in a very busy office.</p><p>An assessment centre has been organised to overcome the shortcomings associated with other</p><p>selection techniques.</p><p>Which of the following activities would be most suitable to assess candidates for the role of</p><p>Office Manager?</p><p>A. In-tray exercises</p><p>B. A speech</p><p>C. Self-appraisal</p><p>D. A presentation</p><p>Answer: A</p><p>7. A business is seeking to introduce TQM. It gets some advice from a business consultant on</p><p>how to ensure it is successful in its implementation.</p><p>Which of the following are likely to be included in the advice they receive? Select ALL that</p><p>apply.</p><p>A. Ensure TQM gets strategic focus.</p><p>B. Gain full commitment from your entire management team.</p><p>C. Motivate and train your staff to take up the ethos of quality.</p><p>D. Get your suppliers involved in TQM.</p><p>E. Encourage the sharing of ideas.</p><p>F. Communicate frequently to your business.</p><p>G. Give a fixed time scale for the TQM project.</p><p>H. Ensure a clear budget is identified for TQM.</p><p>I. Introduce a TQM department in the organisational structure.</p><p>Answer: A, B, C, D, E, F</p><p>8. Which of the following would specifically be an example of the use of the marketing concept</p><p>by a charity?</p><p>A. Having pencils made with the name of the charity on them</p><p>B. Selling pencils to make a profit for the charity</p><p>3 / 13</p><p>C. Only buying pencils made from sustainable materials</p><p>D. Giving pencils out to children in developing countries</p><p>Answer: A</p><p>9. The process of human resources planning would involve the following: strategic analysis,</p><p>forecasting, job analysis and recruitment and training.</p><p>Which THREE of the following are issues relevant to forecasting?</p><p>A. New technology</p><p>B. Appraisal</p><p>C. Divestments</p><p>D. Rewards</p><p>E. Induction</p><p>F. Cost reduction plans</p><p>Answer: A, C, F</p><p>10. Which of the following are examples of a parallel changeover? Select ALL that apply.</p><p>A. A toy manufacturer that has new assembly line staff working at the same time as the old staff</p><p>before they move on to other roles.</p><p>B. A factory that wants to change from a manual to an automated system keeps on some of its</p><p>manual labour employees whilst implementing the automated system.</p><p>C. A supermarket that updates all its checkouts while the store is closed.</p><p>D. A multi-storey hotel store that redecorates each level one-by-one, rather than all in one go.</p><p>E. A call centre that moves into its new office overnight, so that it is fully operational the next</p><p>day.</p><p>F. A car manufacturer that trials a new type of automation before replacing the old system with</p><p>it.</p><p>Answer: A, B</p><p>11. Company P is a recruitment agency specialising in placing accountancy and legal personnel</p><p>in employment. A large part of the role of the agency is to meet the prospective individuals in</p><p>order to ensure they are placed in the most appropriate roles.</p><p>Which THREE elements of the marketing mix relate specifically to the type of business</p><p>described, to a greater extent than would apply to a manufacturing company?</p><p>A. People</p><p>B. Processes</p><p>C. Physical evidence</p><p>4 / 13</p><p>D. Promotion</p><p>E. Price</p><p>F. Product</p><p>Answer: A, B, C</p><p>12. Which THREE of the following are characteristics of undifferentiated marketing?</p><p>A. Having little concern for segmentation</p><p>B. Specialising in one or two identified markets</p><p>C. Delivering a single product to the entire market</p><p>D. Producing several products each aimed at different segments</p><p>E. Aiming to attract as many customers as possible to buy the product</p><p>F. Selecting the most lucrative markets</p><p>Answer: A, C, E</p><p>13. DRAG DROP</p><p>Different types of organisation exist for different purposes. Match the types of organisation to</p><p>the appropriate purpose.</p><p>Answer:</p><p>5 / 13</p><p>14. Which of the following is a disadvantage of using the internet, (E-marketing), to sell</p><p>products?</p><p>A. Set-up and maintenance costs</p><p>B. Enables close customer relationships</p><p>C. The organisational size is irrelevant</p><p>D. It provides sophisticated segmentation opportunities</p><p>Answer: A</p><p>15. Which of the following is NOT an element of the system development life cycle?</p><p>A. Review</p><p>B. Planning</p><p>C. Analysis</p><p>D. Implementation</p><p>Answer: A</p><p>16. Which of the following is a primary objective of a not-for-profit organisation?</p><p>A. Maximise benefit to beneficiaries</p><p>B. Economy - controlling costs</p><p>C. Maximise owner wealth</p><p>D. Effectiveness in achieving objectives</p><p>Answer: A</p><p>17. Dismissal is a drastic form of disciplinary action.</p><p>Which THREE of the following examples would constitute fair dismissal?</p><p>6 / 13</p><p>A. It has been discovered that the Management Accountant embezelled $10,000.</p><p>B. A driver has been convicted of driving whilst under the influence of alcohol and has received</p><p>a driving ban for 24 months.</p><p>C. The Office Junior was 10 minutes late returning from lunch twice last week.</p><p>D. The Office Manager has announced that she is pregnant.</p><p>E. A senior manager has been passing product information to competitors.</p><p>F. The Sales Manager has requested flexible working hours.</p><p>Answer: A, B, E</p><p>18. When considering companies which focus on more than just commercial issues, which TWO</p><p>of the following would be associated as a key element of a corporate social responsibility (CSR)</p><p>strategy?</p><p>A. Ethical</p><p>B. Community</p><p>C. Share price</p><p>D. Sales volume</p><p>E. Profitability</p><p>Answer: A, B</p><p>19. Which of the following effects on tax is a benefit of the implementation of Corporate Social</p><p>Responsibility (CSR) strategies?</p><p>A. Reduction in environmental taxes</p><p>B. Reduction in value added tax</p><p>C. Reduction in income tax</p><p>D. Reduction in corporation tax</p><p>Answer: A</p><p>20. TTT plc has recently been responsible for a major environmental accident. As a result the</p><p>management of the company wishes to set up a large fund to compensate stakeholders</p><p>affected. The company has a significant number of institutional shareholders which own a large</p><p>share of the company,</p><p>as well as many individual investors.</p><p>The management is considering Mendelow's Matrix to determine the likely movement of the</p><p>institutional shareholders during the change in strategy.</p><p>What is the institutional shareholders' likely movement according to Mendelow?</p><p>A. From 'Keep informed' to 'Keep satisfied'</p><p>B. From 'Minimal effort' to 'Keep informed'</p><p>7 / 13</p><p>C. From 'Keep satisfied' to 'Key players'</p><p>D. From 'Keep satisfied' to 'Keep informed'</p><p>Answer: C</p><p>21. Digital interactive marketing does NOT involve the use of which of the following?</p><p>A. Emails</p><p>B. Mobile phones</p><p>C. Radio commercials</p><p>D. Social media</p><p>Answer: C</p><p>22. La Vie En Rose was the latest perfume from the popular and well known perfumery, Lola. In</p><p>almost every high quality magazine there was an advert featuring a famous actress and</p><p>produced by a well known director. A few weeks after launching, La Vie En Rose became the</p><p>top selling perfume.</p><p>At the same time, another perfume called Amber launched from a smaller company and only</p><p>appeared in a few advertisements and the perfume doesn't sell well.</p><p>In a blind test, where participants tried both Amber and La Vie En Rose, it was found that La Vie</p><p>En Rose was the most popular choice.</p><p>Which orientation did La Vie En Rose use and why was it more successful than the Amber</p><p>perfume?</p><p>A. La Vie En Rose focused primarily on the selling and promotion of a product.</p><p>B. The perfumery based their marketing around customer needs.</p><p>C. The perfumery were chiefly concerned with the quality of La Vie En Rose.</p><p>D. They specialised in producing as much as possible of a given product or service.</p><p>Answer: A</p><p>23. Which of the following best describes the 'passive stage' of purchasing?</p><p>A. Purchasing has no strategic direction</p><p>B. Purchasing is concentrated on price negotiation</p><p>C. Purchasing integrates latest practices and technology</p><p>D. Purchasing is independent of corporate strategy</p><p>Answer: A</p><p>24. Inventory control, which maintains a low level of inventory, is important to ensure which of</p><p>the following?</p><p>8 / 13</p><p>A. Low holding costs</p><p>B. Uninterupted production</p><p>C. Continual customer satisfaction</p><p>D. High level of redundant stock</p><p>Answer: A</p><p>25. The following statements are from which section of the UK Combined Code?</p><p>1: The board should disclose a balanced and understandable assessment of the company's</p><p>position and prospects in the financial reports.</p><p>2: The board should maintain an appropriate relationship with the company's external auditor.</p><p>A. Accountability</p><p>B. Leadership</p><p>C. Effectiveness</p><p>D. Remuneration</p><p>E. Shareholder relations</p><p>Answer: A</p><p>26. Which of the following functions is responsible for the preparation of a company's statutory</p><p>accounts?</p><p>A. Financial accounting</p><p>B. Management accounting</p><p>C. Treasury management</p><p>D. Corporate planning</p><p>Answer: A</p><p>27. Company E is renewing the IS within the organisation. This new system will enable all</p><p>employees to access customer information, orders and credit control status to overcome the</p><p>lack of integration between departments suffered with the previous system. Managers envisage</p><p>some resistance to the change and want to try to make the transition as smooth as possible. To</p><p>achieve this, all employees have been invited to share their ideas of what features the new</p><p>system should include and how they would like the final interface to work.</p><p>Which of Kotter, Schlesinger and Sache's methods of dealing with resistance is described</p><p>above?</p><p>A. Facilitation</p><p>B. Participation</p><p>C. Negotiation</p><p>9 / 13</p><p>D. Education</p><p>Answer: B</p><p>28. Which TWO of the following are important aspects of the product in the marketing mix?</p><p>A. Brand image</p><p>B. Warranties</p><p>C. Sponsorship</p><p>D. Distribution</p><p>E. Advertising</p><p>Answer: A, B</p><p>29. C Company is a manufacturer of components for the electronics industry. Although enjoying</p><p>healthy returns in the past, results for the last two years have shown a decline in profit. G has</p><p>been brought in as the new Operations Manager. In her previous role, she was responsible for</p><p>turning around a struggling organisation by using process mapping tools and she feels that this</p><p>approach could also benefit her new company.</p><p>Which of the following is NOT a feature of process mapping?</p><p>A. Establish what is currently happening and why</p><p>B. Measure how efficiently the process is working</p><p>C. Identify the most suitable supplier of raw materials</p><p>D. Develop new improved processes to reduce or eliminate inefficiency</p><p>Answer: C</p><p>30. Which of the following is associated with the control aspect of the finance function?</p><p>A. Amendment of original budgets</p><p>B. Pricing decisions</p><p>C. Investment decisions</p><p>D. Strategy formulation</p><p>Answer: A</p><p>31. Which of the following statements regarding shamrock organisations are true?</p><p>1: Shamrock organisations typically comprise four discrete components.</p><p>2: The core group of executives are often supported by external contractors and part-time staff.</p><p>3: One of the main characteristics of a shamrock organisation is its flexibility.</p><p>A.2+3</p><p>B. 1</p><p>10 / 13</p><p>C. 2</p><p>D. 3</p><p>E. 1 + 2</p><p>F. 1 + 3</p><p>G. 1+2+3</p><p>Answer: A</p><p>32. YZ Company has grown rapidly and has recently recruited a finance director to set up a</p><p>more structured finance function. During this process care will be needed to ensure effective</p><p>lines of communication between different disciplines within the whole function and to recognise</p><p>the interdependencies.</p><p>Which of the following are examples of the interdependence of elements of the finance</p><p>function? Select ALL that apply.</p><p>A. Variance analysis reporting</p><p>B. Taxation management</p><p>C. Budget management</p><p>D. Management reporting</p><p>E. Statutory financial reporting</p><p>F. Internal auditing</p><p>Answer: A, B, C</p><p>33. Company V has traditionally sold children's toys from retail outlets. It is now exploring online</p><p>retailing, or e-commerce, to expand its customer base.</p><p>Which channel of distribution is Company V expanding into?</p><p>A. Level zero channel</p><p>B. Level one channel</p><p>C. Level two channel</p><p>D. Multiple level channel</p><p>Answer: A</p><p>34. Candidate testing often forms part of the selection process. XYZ is currently looking to</p><p>recruit a Financial Analyst possessing advanced spreadsheet skills. You have been asked to</p><p>devise a suitable selection test.</p><p>Which of the following tests would be the most suitable?</p><p>A. Personality test</p><p>B. Cognitive test</p><p>11 / 13</p><p>C. Specific ability test</p><p>D. Numeracy and literacy test</p><p>Answer: C</p><p>35. Which of the following is a cost of information?</p><p>A. Improving system design</p><p>B. Improving marketing strategies</p><p>C. Improving pricing strategies</p><p>D. Improving product design</p><p>Answer: A</p><p>36. MN College (limited by guarantee) aims to ensure that each student achieves their</p><p>qualification and gains employment.</p><p>Which THREE of the following are suitable measures of performance for MN College?</p><p>A. Economic</p><p>B. Number of students</p><p>C. Efficiency</p><p>D. Effectiveness</p><p>E. Enhanced</p><p>F. Number of lecturers.</p><p>Answer: A, C, D</p><p>12 / 13</p><p>More Hot Exams are available.</p><p>350-401 ENCOR Exam Dumps</p><p>350-801 CLCOR Exam Dumps</p><p>200-301 CCNA Exam Dumps</p><p>Powered by TCPDF (www.tcpdf.org)</p><p>13 / 13</p><p>https://www.certqueen.com/promotion.asp</p><p>https://www.certqueen.com/350-401.html</p><p>https://www.certqueen.com/350-801.html</p><p>https://www.certqueen.com/200-301.html</p><p>http://www.tcpdf.org</p>