Free Access CIMA.E1.v2022-10-20.q122 Practice Test (Page 3)

Question 6

YZ Company has grown rapidly and has recently recruited a finance director to set up a more structured finance function. During this process care will be needed to ensure effective lines of communication between different disciplines within the whole function and to recognise the interdependencies.
Which of the following are examples of the interdependence of elements of the finance function?
Select ALL that apply.

A.Statutory financial reporting

B.Internal auditing

C.Taxation management

D.Budget management

E.Management reporting

F.Variance analysis reporting

Question 7

A PESTEL analysis (political, economic, social, technological, ecological and legal) is used by marketing to monitor its macro environment. Select THREE examples of economic factors

A.The introduction of new legislation relating to business tax

B.Consumers' propensity to save

C.Interest rates

D.Social mobility

E.New ways of distribution

F.The rate of inflation

Question 8

Which one of the following is NOT part of the role of Human Resource Management?

A.Recognising employees are motivated by consent and involvement.

B.Viewing employees as assets of the organisation.

C.Being concerned with operational and strategic people issues.

D.Regarding the line manager's role as transactional with an emphasis on negotiation.

Question 9

DnD1_0151-R2-D. Match each of the ethical principles with the correct brief scenario.

Question 10

Velocity is one of the defining characteristics of Big Data. Which of the following most accurately defines what this means?

A.The speed of data creation

B.The volume of the data

C.The validity of data

D.The different formats of data

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