CIMA CIMA Certification E1

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CIMA Managing Finance in a Digital World Sample Questions:

1. An effective induction programme will typically focus on which THREE of the following?

A) Organisation structure, charts and reporting lines
B) Culture and values, including ethical issues
C) Family connections with the business
D) Hobbies and interests
E) Financial issues including salary payment dates and expense procedures
F) Personal health issues

2. Cardboard box manufacturer Smurfat are giving their new employees an induction into the company's strategy.
They see this as a crucial stage of the induction process and have asked Terrance, the communications director, to take new employees through the strategy.
Which of the following should Terrance communicate to his new employees during their induction?
Select ALL that apply.

A) Give new employees an idea of the work culture at Smurfat.
B) Explain what care and support Smurfat offers to new staff.
C) Explain the goals and motives of the Smurfat.
D) Make Smurfat's disciplinary rules clear for the new employees.
E) Talk through the overall structure of the Smurfat.

3. The use of big data and smart technology by the sales and marketing function of an organisation is most likely to be associated with which of the following?

A) Social media trends
B) Alleviating bottle necks
C) Supply chain collaboration
D) Service improvements

4. Lancaster and Withey (2003) identifies five steps in consumer decision making. Which THREE are valid?

A) Evaluation of the sellers website
B) Need/problem recognition
C) The sale decision
D) Post purchase evaluation
E) The purchase decision

5. Shortly after starting his new role within R, Q begins to suspect that the training opportunities he was offered at interview are unlikely to materialise. Upon discussing his concerns with his manager, Q is made to feel as though his expectations regarding training opportunities were unrealistic as everything included within his employment contract had been honoured. Which of the following applies to the above situation?

A) Misunderstanding of the job description
B) Recruitment into the wrong role
C) Breach of employment contract
D) Breach of psychological contract

Solutions: