Cima exams lab exactprep E1 Questions by Layton q168 vce pdf

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Exam Name:	Managing Finance in a Digital World
Exam Code:	E1 Dumps
Vendor:	CIMA	Certification:	CIMA Operational
Questions:	336 Q&A's	Shared By:	layton

Question 8

The finance function of Company E are considering using blockchain technology for its ledger systems Which of the following will be an advantage of introducing this technology?

Options:

Costs of maintaining and reconciling ledgers can be reduced

Transactions are recorded by a sole participant

It will be easy to understand and work with.

Records can be easily changed and amended

Discussion

Question 9

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?

Options:

Material requirement planning (MRP)

Total quality management (TQM)

Enterprise resource planning (ERP)

Manufacturing resource planning (MRP II)

Discussion

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Question 10

Which of the following defines key performance indicators (KPls)?

Options:

KPIs are the measures which indicate whether or not the critical success factors are SMART.

KPIs are the measures which indicate whether or not a critical success factor is being achieved

KPIS are used to measure operational activities only

KPIs are used to create critical success factors.

Discussion

Question 11

Stephanie has just secured a job as a management accountant for a well-known banking firm. She needs to understand the organisation's financial position.

What should she do first in order to gain this understanding?

Options:

Record the organisation's transactions in the books of prime entry.

Inform the tax authorities of the organisation's revenues.

Total all the day books and enter them into ledgers.

Submit the company's accounts to the IFRS.

Discussion

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