CIMA CIMAPRA19-E01-1 Exam Practice Test Instant Access

Question 1

A few years have passed since tech company NVision launched their new games console, Superbox. The product was once a star, with high, rising sales, but it is now selling quite poorly. In fact, it's selling so poorly that

NVision are no longer making a return on the product.

Which of the following strategies would be the BEST for NVision to implement?

APull out of the market or, if possible, sell the rights of Superbox to an individual or company who is willing to carry it on.

BKeep costs low and continue to sell the console.

CDevelop the product for a specific market segment who continue to have a need for it - this will allow NVision to sell the product at a higher price.

DAllow the product to follow its natural life-cycle.

Answer : A

Question 2

A business is seeking to introduce TQM. It gets some advice from a business consultant on how to ensure it is successful in its implementation. Which of the following are likely to be included in the advice they receive?

Select ALL that apply.

AEnsure TQM gets strategic focus.

BGain full commitment from your entire management team.

CMotivate and train your staff to take up the ethos of quality.

DGet your suppliers involved in TQM.

EEncourage the sharing of ideas.

FCommunicate frequently to your business.

GGive a fixed time scale for the TQM project.

HEnsure a clear budget is identified for TQM.

IIntroduce a TQM department in the organisational structure.

Answer : A, B, C, D, E, F

Question 3

Vladimir is the managing director of a IT repair business called Screenhax. The company has been operating for 10 years and has around 60 members of staff.

Donald, one of Vladimir employees, committed the act of 'skimming".

What did Donald do?

ADonald repaired a customer's broken computer but did not register the job through the computer system. He then pocketed the cosh.

BDonald was responsible for paying all employees at Screenhax. He took advantage of this responsibility by creating a fictitious person and directing money to their account.

CDonald stole IT equipment from the shop.

DDonald borrowed the Screenhax repair van and used it for his own personal commitments without the consent from Vladimir.

EDonald's wife had a problem with her computer, so he stole one of the shop's refurbished computers and gave it to her to use.

Answer : A

Question 4

Which of the following are examples of a parallel changeover?

Select ALL that apply.

AA toy manufacturer that has new assembly line staff working at the same time as the old staff before they move on to other roles.

BA factory that wants to change from a manual to an automated system keeps on some of its manual labour employees whilst implementing the automated system.

CA supermarket that updates all its checkouts while the store is closed.

DA multi-storey hotel store that redecorates each level one-by-one, rather than all in one go.

EA call centre that moves into its new office overnight, so that it is fully operational the next day.

FA car manufacturer that trials a new type of automation before replacing the old system with it.

Answer : A, B

Question 5

A manufacturing company had major issues with quality standards and as a result received a number of complaints from its customers.

Due to this the company's senior management has considered some new objectives for the business.

Which of the following comply with all requirements of a SMART objective and will help to overcome this issue?

Select ALL that apply.

ATo reduce the number of complaints due to quality issues by 28% by the end of the year.

BTo reduce defects from 53 per 1000 to 35 per 10,000 within 10 months.

CTo reduce the current level of defects from Oper 1,000 to 35 per 1,000 by the end of the month.

DTo reduce quality issues significantly within eight weeks.

ETo reduce the number of complaints from 754 to 450 as soon as possible

FTo increase output from 2,500 units per hour to 3,500 units per hour within a year.

Answer : A, B

Question 6

Which of the following would work asSupportStaff in Mintzberg's organisational structure?

APress relations staff

BHR managers

CAccountants

DLine supervisors

Answer : A

Question 7

Which of the following would be within the role of an operational line manager?

SelectALLthat apply.

AInterviewing potential new recruits

BConducting appraisals with staff

CCarrying out psychometric testing

DDeciding on strategic objectives

Answer : A, B

CIMAPRA19-E01-1 E1 Managing Finance in a Digital World Exam Practice Test