CIMA Managing Finance in a Digital World - E1 Exam Practice Test

AB Company is planning to implement a new IT system. The existing system runs all of the financial ledgers and is key to the running of the whole organisation. Which of the following will NOT be a suitable method for the changover of the system?

Correct Answer: C Vote an answer
The development of a Corporate Digital Responsibility (CDR) strategy is increasingly common in modern business and will include 5 key areas including customer expectation Which of the following best describes customer expectation in this context?

Correct Answer: A Vote an answer
C Company is a manufacturer of components for the electronics industry. Although enjoying healthy returns in the past, results for the last two years have shown a decline in profit. G has been brought in as the new Operations Manager. In her previous role, she was responsible for turning around a struggling organisation by using process mapping tools and she feels that this approach could also benefit her new company. Which of the following is NOT a feature of process mapping?

Correct Answer: B Vote an answer
Data profiling forms an essential element of the extraction transformation and loading process. Which of the following best describes data profiling?

Correct Answer: A Vote an answer
Which of the following is an example of a computerised system that is used to plan production requirements of raw materials, work-in-progress and finished goods?

Correct Answer: A Vote an answer
Workforce flexibility takes a number of different forms. Which of the following achieves flexibility where employees have the ability to move between tasks as and when required by the organisation?

Correct Answer: B Vote an answer
Inventory control, which maintains a low level of inventory, is important to ensure which of the following?

Correct Answer: C Vote an answer
Corporate social responsibility (CSR) encompasses four different dimensions.
Match each of the descriptions below with the correct CSR dimension.
Correct Answer:

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