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CIMA Updated E1 Exam Questions and Answers by alaya

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CIMA E1 Exam Overview :

Exam Name: Managing Finance in a Digital World
Exam Code: E1 Dumps
Vendor: CIMA Certification: CIMA Operational
Questions: 336 Q&A's Shared By: alaya
Question 56

Which THREE of the following suggest an integrative approach to organisational purchasing according to Reck and Long?

Options:

A.

Purchasing managers are involved in strategy development.

B.

Competitive strategies rely on the effectiveness of organisational purchasing.

C.

Suppliers are viewed as vital partners.

D.

Supply is obtained at the best price once requested by departments.

E.

Timely information about product prices and availability can be obtained through organisational systems.

F.

Efficiency is at least equal to other organisational operations such as payroll and invoicing.

Discussion
Question 57

The board of company B, a small company, is meeting to discuss the financial year end accounts following the first year of a consolidation of operations.

Of the results provided, select whether each set of information should be reported externally or internally.

Questions 57

Options:

Discussion
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Question 58

Which of the following best describes a digital mindset?

Options:

A.

Understanding the concept of seeing beyond the individual elements of digital change

B.

Thinking shaped by the process of collecting organisation and analysing a large set of data to discover patterns.

C.

Understanding the process of harvesting data from source databases and locations

D.

Interpreting data that is analysed digitally to understand its content, formats, and structure

Discussion
Question 59

Which of the following is NOT an element of the EOQ (Economic Order Quantity) equation?

Options:

A.

Total purchases per year

B.

Total ordering cost per order

C.

Total inventory cost per year

D.

The reorder quantity

Discussion
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