E1 Exam Dumps - Managing Finance in a Digital World

Finance business partners are seen as leaders that can influence the decisions that businesses make. Which of the following best describes their role in this process?

Which of the following is NOT an element of the system development life cycle?

Company P has revised its corporate and marketing objectives following a recent expansion in the primary market within which it operates. The next step is to devise an appropriate marketing strategy. Company P has conducted primary and secondary market research and this information is in the process of being analysed to establish the needs of the subjects. At which stage of the marketing strategy process is Company P?

Company V has traditionally sold children's toys from retail outlets. It is now exploring online retailing, or e-commerce, to expand its customer base. Which channel of distribution is Company V expanding into?

RT Company produces sub components for the vehicle industry Worldwide changes in government regulation and social attitudes mean that there is an increasing pace of demand for hybrid and electric vehicles

B is the long serving finance manager of RT Company. Using various data and information provided by the finance function staff, and experience built up over many years. B is considering how new challenges might be overcome and how opportunities might be maximised by the company

In the context of the information to impact framework, which of the following best describes B's overall contribution to the anticipated changes'?

Which of the following is important when considering the 'Promotion' element of the marketing mix?

Which of the following is a reason why businesses need to prepare statutory reports?

AB Company is planning to implement a new IT system. The existing system runs all of the financial ledgers and is key to the running of the whole organisation. Which of the following will NOT be a suitable method for the changover of the system?

Arrange the stages of the product life-cycle in the correct order.

Clear career promotion and progression ladders are most obvious under which type of organisational structure? 

XYT company is planning to update its IT and have asked the finance function to assist by establishing suitable key performance indicators (KP1). Which of the following is an example of a suitable KPI for strategic activities'?

Which THREE of the following areas would be improved by an organisation using a Customer Relationship Management (CRM) system?

A duplication of support functions would exist under which of the following organisational structures?

A new Team Leader in Internal Audit has been asking team members about tasks that they do not think are part of their responsibility as they go beyond compliance with legislation. You are preparing a response to this to include an explanation of the requirements of a social audit. Which of the following would you include in your response?

 

Select ALL that apply.

Company XYZ has just launched an innovative technology device, designed to appeal to those consumers who want to be seen with the latest products. Which of the following pricing strategies would be most suitable at the time of the product's launch?

Offshoring may be successful when which of the following applies?

La Vie En Rose was the latest perfume from the popular and well known perfumery, Lola. In almost every high quality magazine there was an advert featuring a famous actress and produced by a well known director. A

few weeks after launching, La Vie En Rose became the top selling perfume.

At the same time, another perfume called Amber launched from a smaller company and only appeared in a few advertisements and the perfume doesn't sell well.

In a blind test, where participants tried both Amber and La Vie En Rose, it was found that La Vie En Rose was the most popular choice.

Which orientation did La Vie En Rose use and why was it more successful than the Amber perfume?

F manages a portfolio of clients, as do his colleagues. All income that is earned by them is pooled to cover costs and overheads and any remaining profits are split according to an agreed formula. F and his colleagues have joint and several liability in relation to the work they carry out on the organisation's behalf. Which of the organisation types listed below best describes the organisation that F works for?

TJD is a national retailer of garden accessories and a FTSE 350 company It is currently establishing a remuneration committee

According to the UK Corporate Governance Code what is the minimum number of non-executive directors TJD's remuneration committee should be

made up of?

Which of the following are types of primary research? Select ALL that apply.

The finance function of an organisation supports the organisation's strategies and operations.

 

Which THREE of the following activities are fundamental to the role of the finance function?

Which of the following is a benefit to the employer of remote working?

Who is responsible for the strategic leadership of the finance team?

More and more organisations are developing their supply chain networks by building closer links with suppliers. Which THREE of the following are considered to be features of this trend?

Inventory control, which maintains a low level of inventory, is important to ensure which of the following?

There are many stakeholders who have an interest in an organisation.

Which TWO of the following are connected stakeholders?

It is important to assess the contribution made by the finance function. If a balanced scorecard approach is used, which of the following categories would utilise the measure of staff turnover?

Which THREE of the following suggest an integrative approach to organisational purchasing according to Reck and Long?

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.

Company A works closely with its customers, suppliers and other business partners. It securely shares part of its private network with this group of stakeholders

Which of the following best describes the type of network that Company A operates?

Which of the following best describes a digital mindset?

There are four types of quality cost - prevention, appraisal, internal and external failure. Which of the following provides the best description for an external failure cost?

A high volume operation is likely to be characterised by which of the following?

Accountants and finance professionals in the future will see the basic routine transactional work reduce with a shift to higher level skills

Which of the following best describes business acumen?

Which of the following are types of connected stakeholders? Select ALL that apply.

Company P is a recruitment agency specialising in placing accountancy and legal personnel in employment. A large part of the role of the agency is to meet the prospective individuals in order to ensure they are placed in the most appropriate roles.

 

Which THREE elements of the marketing mix relate specifically to the type of business described, to a greater extent than would apply to a manufacturing company?

Which area of a Finance Manager's job role do the following tasks fit into?

Place the appropriate role against the task.

K manages the finance function of a cable manufacturing business In order to cope with an increasingly diverse workload K needs human resources to recruit someone with a digital mindset

Which THREE of the following individual charactenstics should K emphasise to human resources as important in finding the right candidate?

Company S is a busy vehicle part manufacturer specialising in commercial vans and lorries. The company takes as many as nine deliveries of raw materials every day and these items are entered into the electronic inventory system upon arrival. When an item of inventory is taken from stores this is also updated electronically. Which inventory control system would be best utilised within Company S?

The finance function of Company E are considering using blockchain technology for its ledger systems Which of the following will be an advantage of introducing this technology?

Place 'Management accountant' or 'Financial accounant' next to each of the following statements according to which applies.