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  3. CIMAPRA19-E01-1

CIMA CIMAPRA19-E01-1 Exam (page: 10)
CIMA E1 Managing Finance in a Digital World
Updated on: 15-Dec-2025

Viewing Page 10 of 60
CIMAPRA19-E01-1 PDF 294 Questions

Which of the following is NOT a feature of a knowledge management system specific to a particular organisation?

  1. The internet
  2. A local area network
  3. A wide area network
  4. The intranet

Answer(s): A



Company O has appointed a new CEO who is well known in the industry for making radical changes within the companies that she works for. After her first 9 months in the role, she
announced some changes that she wanted to make, starting with the Finance Department. She stressed an intention to focus inwards on improvements to efficiencies and that she was not afraid to make fundamental changes if this is what is required to achieve those improvements. Which of the following is described above?

  1. Business Process Re-engineering
  2. Segregation of the finance function
  3. Relocation of production
  4. Reconfiguration to market oriented.

Answer(s): A



P works within Company A as a legal advisor. She is also trained in Human Resources (HR) and the Managing Director has asked for her help in dealing with some disciplinary issues. This will involve her temporarily transferring away from her legal role. Which organisational form has the HR assistance taken?

  1. Project based support
  2. Networked support
  3. Virtual support
  4. Outsourced support

Answer(s): A



In order to understand the potential for conflict over the functioning of a finance department, B organisation's new Chief Financial Officer has prepared a power/interest (Mendelow) matrix. How should the Chief Financial Officer treat groups with high levels of interest but relatively low power when determining the role of the function?

  1. Keep these groups informed
  2. Take minimal effort with these groups
  3. Keep these groups satisfied
  4. Treat these groups as key players

Answer(s): A



Which of the following describes a disadvantage of succession planning?

  1. Planning requires resources to manage it.
  2. It can be cheaper than advertising.
  3. It motivates employees as rewards are visible.
  4. It develops career structures.

Answer(s): A



Viewing Page 10 of 60



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