Free Access CIMA.E1.v2022-04-05.q109 Practice Test (Page 5)

Question 16

An individual works for Organisation

A.They are responsible for collating financial information from all the local County primary schools in order to report budgetary requirements for the next financial year.
An individual works for Organisation B. They are responsible for collating financial information from all the local charity shops in order to report donation items and items sold.
An individual works for Organisation C. They are responsible for counting and recording raw materials stock, work in progress and finished goods stock on a monthly basis for the managers to report on rates of stock wastage and pilferage at the monthly board meeting.
For each of the organisations above, match them with the relevant sector below.

Question 17

Which of the following is a disadvantage of outsourcing?

A.Access to specialist knowledge is made possible.

B.Outsourcing can remove uncertainty about cost.

C.Transaction costs will arise as a consequence of the outsourcing agreement.

D.It can save on costs by making use of a supplier's economies of scale.

Question 18

DTR is a publishing company specialising in the production of technical journals and product specifications Because of the volumes of information required to run the business effectively, the finance function of the company is considering migrating to cloud based technologies.
Which of the following is most likely to be a benefit of such a move for the company?

A.Improved version control

B.Access to stand alone systems

C.Established work patterns

D.Periodic system updates

Question 19

Company P has revised its corporate and marketing objectives following a recent expansion in the primary market within which it operates. The next step is to devise an appropriate marketing strategy. Company P has conducted primary and secondary market research and this information is in the process of being analysed to establish the needs of the subjects. At which stage of the marketing strategy process is Company P?

A.Marketing mix

B.Segmentation

C.Targeting

D.Positioning