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  3. CIMAPRA19-E01-1

CIMA CIMAPRA19-E01-1 Exam (page: 9)
CIMA E1 Managing Finance in a Digital World
Updated on: 15-Dec-2025

Viewing Page 9 of 60
CIMAPRA19-E01-1 PDF 294 Questions

At which stage of a systems development lifecycle is systems architecture considered?

  1. Systems design
  2. Feasibility
  3. Implementation
  4. System review

Answer(s): A



Bright Idea Co. specialises in manufacturing light bulb filaments. It is considering outsourcing some of it activities in order to reduce costs and improve customer service.

Which of the following is an example of asset specificity that is likely to be an important consideration in their decision?

  1. An R&D manager who has been in the business for 18 years and has specialist knowledge of the formulations.
  2. A building that has been designed specifically for manufacturing light bulb filaments.
  3. High tech and expensive filling machines in the factory.
  4. A sales director who is well known and popular throughout the industry.

Answer(s): A



XYZ company is a large public limited company, registered in the UK and required to be externally audited Who is responsible for appointing the external auditors?

  1. Executive directors
  2. Non-executive directors
  3. Shareholders
  4. Board of directors

Answer(s): B



S is employed within the accounting function of a small company. Due to the size of the company, there are not enough resources for separate accounting functions so S is responsible for both management and financial accounting tasks. As the company is so small there is no requirement for audit. However it does make use of the services of an external certified accountant for statutory accounting and taxation services. According to
Mintzberg, in which part of the organisation does the external accountant belong?

  1. Strategic apex
  2. Support staff
  3. Technostructure
  4. Operating core

Answer(s): B



Corporate governance in the UK, that provides guidance regarding areas such as directors, internal controls and remuneration, is largely defined by which of the following?

  1. Greenbury report
  2. Combined Code
  3. Cadbury report
  4. Hampel report

Answer(s): B



Viewing Page 9 of 60



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