Online Access Free E1 Practice Test

Unclear cost and profit responsibilities can be a feature of which type of organisational structure?

• A.Divisional
• B.Matrix
• C.Geographical
• D.Functional

When considering companies which focus on more than just commercial issues, which TWO of the following would be associated as a key element of a corporate social responsibility (CSR) strategy?

• A.Ethical
• B.Community
• C.Sales volume
• D.Share price
• E.Profitability

Level 2 of the contemporary shape of the finance function involves Strategic Business Partnering In this context strategic partners are

• A.Project managers
• B.Finance professionals
• C.Senior management
• D.Outsourced partners

An electrical goods company produces colourful brochures for customers.
Which element of the marketing mix does this represent?

• A.Price
• B.Packaging
• C.Physical evidence
• D.Product

A new manufacturing firm has been growing very rapidly. Both its output and hired staff have increased dramatically, and it's looking like the business will have to physically expand sometime in the near future.
The company's managing director decides to outsource the payroll of the business to an external provider.
What are his likely reasons for making this decision?

• A.It will allow him to focus on other priorities.
• B.Payroll requires an expertise on tax and legislation that he does not have in house.
• C.Better management information will be supplied.
• D.There is more confidentiality when using external providers.
• E.It will improve the accuracy in the payroll.
• F.He is finding managing the payroll complicated and time consuming.
• G.He is finding it difficult to keep on top of all of the support activities he has to provide.