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Managing Finance in a Digital World

Last Update 13 hours ago Total Questions : 336

The Managing Finance in a Digital World content is now fully updated, with all current exam questions added 13 hours ago. Deciding to include E1 practice exam questions in your study plan goes far beyond basic test preparation.

You'll find that our E1 exam questions frequently feature detailed scenarios and practical problem-solving exercises that directly mirror industry challenges. Engaging with these E1 sample sets allows you to effectively manage your time and pace yourself, giving you the ability to finish any Managing Finance in a Digital World practice test comfortably within the allotted time.

Question # 71

The development of a Corporate Digital Responsibility (CDR) strategy is increasingly common in modern business and will include 5 key areas including customer expectation

Which of the following best describes customer expectation in this context?

A.

Ensuring all members of society have the skill, tools and ability to access the online digital world

B.

Sharing data in a benevolent way to help society, this could help inform choices and improve management of information

C.

Using data in a responsible and secure way that is in line with customer and employees expectations.

D.

The need for transparency around the use of data and the ability to opt in and be rewarded for sharing data

Question # 72

H works in the finance function and has been asked by the Finance Manager to draft a report to be part of the annual update to go out to all the employees of the organisation

H informs the Finance Manager the intention is to include a whole range of financial information including ratios and comparisons for the previous years in the report

Which of the following qualities of good information should H be most concerned with when producing the report?

A.

Relevant

B.

Adaptable

C.

Questioning

D.

Accurate

Question # 73

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?

A.

Level zero channel

B.

Level one channel

C.

Level two channel

D.

Multiple level channel

Question # 74

C Company is a manufacturer of components for the electronics industry. Although enjoying healthy returns in the past, results for the last two years have shown a decline in profit. G has been brought in as the new Operations Manager. In her previous role, she was responsible for turning around a struggling organisation by using process mapping tools and she feels that this approach could also benefit her new company. Which of the following is NOT a feature of process mapping?

A.

Establish what is currently happening and why

B.

Measure how efficiently the process is working

C.

Identify the most suitable supplier of raw materials

D.

Develop new improved processes to reduce or eliminate inefficiency

Question # 75

Which of the following are associated with the mission of an organisation?

 

Select  ALL that apply.

A.

Purpose of the organisation

B.

Strategy of the organisation

C.

Culture of the organisation

D.

Product marketing strategy of the organisation

E.

Service level of the organisation

F.

Staff perception of the organisation

Question # 76

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

A.

Interviews

B.

Questionnaires

C.

Observation

D.

Test marketing

E.

Trade associations/professional bodies

F.

National and local press

G.

Industry magazines

Question # 77

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

A.

Sales

B.

 Marketing

C.

Customer service

D.

Budgeting

E.

Operations

F.

Inventory management

Question # 78

There are four stages of development of supply chain management, according to Reck and Long ' s strategic positioning tool. Which stage of this model does the following description identify?

 

Emphasis is on better co-ordination between departments and suppliers involving timely communication about changes in price and availability of materials.

A.

The passive stage

B.

The independent stage

C.

The supportive stage

D.

The integrative stage

Question # 79

HKD is an online marketing company Its finance function is currently preparing budgets for the coming period.

At which stage of value creation is HKD ' s finance function currently playing a key role?

A.

Dictates

B.

Shapes

C.

Narrates

D.

Enables

Question # 80

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?

A.

Sole-trader

B.

Company

C.

Partnership

D.

Multinational

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