Free Access CIMA.E1.v2022-10-20.q122 Practice Test (Page 9)

Question 36

One of the finance function's main stakeholders provides feedback on customer responses and reviews about the organisation's products and services. Which of the following will provide this feedback?

A.Shareholders

B.Sales function

C.Production function

D.Human Resources

Question 37

The Statement of Financial Position is NOT normally used to make decisions concerning which of the following?

A.Reserves

B.Material purchases

C.Trade payables

D.Buildings

Question 38

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

A.Matrix

B.Divisional

C.Geographical

D.Functional

Question 39

Which of the following effects on tax is a benefit of the implementation of Corporate Social Responsibility (CSR) strategies?

A.Reduction in environmental taxes

B.Reduction in corporation tax

C.Reduction in income tax

D.Reduction in value added tax

Question 40

Which TWO of the following statements are NOT aims of a reward system?

A.To control costs

B.To ensure consistency and fairness

C.To reward poor performance

D.To comply with legislation

E.To encourage excessive risk taking

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Question 36

Question 37

Question 38

Question 39

Question 40

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