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Timer to help you control the exam time

In order to help you control the E1 examination time, we have considerately designed a special timer to help your adjust the pace of answering the questions of the E1 study materials. Many people always are stopped by the difficult questions. Then they will fall into thoughts to try their best to answer the questions of the E1 real exam. Finally, they used up all examination time and leave a lot of unanswered questions of the E1 exam questions. It is a bad habit. In your real exam, you must answer all questions in limited time. So you need our timer to help you. Our timer is placed on the upper right of the page. The countdown time will run until it is time to submit your exercises of the E1 study materials. Also, it will remind you when the time is soon running out.

Automatic generation of report

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CIMA Managing Finance in a Digital World Sample Questions:

1. You need to select potential candidates for the role of an office manager in a very busy office. An assessment centre has been organised to overcome the shortcomings associated with other selection techniques. Which of the following activities would be most suitable to assess candidates for the role of Office Manager?

A) A speech
B) Self-appraisal
C) In-tray exercises
D) A presentation

2. Having the right assets and making the best use of them is crucial if an organisation is to achieve its strategies on a sustainable basis. Which of the following best describes the row of the finance function in relation to an organisation's assets?

A) Collating and providing information to enable efficient asset management
B) Deciding on which new machinery to buy for the production facility.
C) Setting asset lifetimes that are in keeping with shareholders' requirements.
D) Ensuring that assets are used to their optimum capacity on an on-going basis.

3. LFN is a tuition provider
The finance function has recently migrated all accounting systems onto cloud software which is expected to considerably streamline the existing systems.
The Managing Director is keen to promote the benefits of the new software in terms of increased accuracy of reporting and availability of real time management information.
However, the Finance Director has concerns and is feeling pressured to keep quiet about the ability of the technology to achieve all that is expected Which of the following ethical principles is highlighted within LFN?

A) Confidentiality
B) Integrity
C) Professional competence
D) Objectivity

4. Barry has heard that the government is planning to tighten environmental regulations. He doesn't like the sound of this, as even though some businesses won't be affected that much, he will have to end up paying a lot more to run his business.
Which of the following options would be most effective in preventing the government from imposing such regulation?
Select ALL that apply.

A) Make a large donation to the party in power in the hope that they'll abandon their plans to impose new regulation.
B) Tell a member of the governing party that he has some unscrupulous information about the party that he'll leak to the press if they go ahead with their plans to impose new regulation.
C) Make a large donation to the the main opposition party in the hope they'll put pressure on the governing party to not impose the new regulation.
D) Try and set up meetings with high-ranking members of the government to persuade them to not impose the new regulation.

5. The secondary objectives of a not-for-profit organisation are economy, efficiency and effectiveness.
Which of the following gives the correct description of each of these?

A) Economy: Controlling costs.
Efficiency: Achieving objectives at minimum cost
Effectiveness A measure of achievement by reference to objectives
B) Economy Achieving objectives at minimum cost
Efficiency: A measure of achievement by reference to objectives
Effectiveness Controlling costs.
C) Economy: Controlling costs.
Efficiency: A measure of achievement by reference to objectives.
Effectiveness: Achieving objectives at minimum cost.
D) Economy: Achieving objectives at minimum cost.
Efficiency: Controlling costs.
Effectiveness A measure of achievement by reference to objectives

Solutions: