297 Exam Questions for E1 Updated Versions With Test Engine [Q175-Q193]

NEW QUESTION 175
A high volume operation is likely to be characterised by which of the following?

High capital intensity

High labour pay rates

High labour flexibility

High cost inputs

NEW QUESTION 176
There are four approaches to system changeover, each of which varies in terms of risk, cost and time. When there is a need to minimise costs and time the most suitable approach would be:

Direct changeover

Parallel running

Phased changeover

Pilot operation

NEW QUESTION 177
A duplication of support functions would exist under which of the following organisational structures?

Divisional

Functional

Matrix

Project based

NEW QUESTION 178
Candidate testing often forms part of the selection process. XYZ is currently looking to recruit a Financial Analyst possessing advanced spreadsheet skills. You have been asked to devise a suitable selection test. Which of the following tests would be the most suitable?

Personality test

Cognitive test

Specific ability test

Numeracy and literacy test

NEW QUESTION 179
XY Company is a manufacturing company making a variety of products for sale in different markets. Which of the following is the most likely organisational structure that such a company will adopt?

Divisional structure

Entrepreneurial structure

Functional structure

Matrix structure

NEW QUESTION 180
Arrange the stages of the product life-cycle in the correct order.

NEW QUESTION 181
The board of company B, a small company, is meeting to discuss the financial year end accounts following the first year of a consolidation of operations.
Of the results provided, select whether each set of information should be reported externally or internally.

NEW QUESTION 182
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’?

Acumen

Assembling

Analysing

Applying

NEW QUESTION 183
Which of the following are examples of a parallel changeover?
Select ALL that apply.

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

A 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.

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

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

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

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

NEW QUESTION 184
T Company has recently appointed J as Chief Data Officer
One of the responsibilities of the appointment is to ensure compliance with the General Data Protection Regulations (GDPR) in force in the jurisdiction J’s first action was to carry out an internal audit of GDPR compliance Which THREE of the following audit findings are indicators that T Company is compliant with GDPR”

Customers are given the option of unsubscribing from marketing emails

Customer data is deleted when no longer required.

Personal data is kept on a secure server, protected by a firewall

Most of the staff were fully aware of their data protection responsibilities.

98% of customer records were found to be accurate and up to date.

NEW QUESTION 185
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?

Strategic apex

Support staff

Technostructure

Operating core

NEW QUESTION 186
XY Company has just completed a consumer survey which has produced large quantities of data regarding its products. Which of the following is NOT relevant in the processing of this data?

Data is disseminated to users

Data is filtered for relevance

Data comparisons are made

Meanings are attributed to the data

NEW QUESTION 187
Place ‘Management accountant’ or ‘Financial accounant’ next to each of the following statements according to which applies.

NEW QUESTION 188
A company is expanding its baby clothing product range to include all items for infants, for example feeding and bathing equipment. As this is a new venture for the company, the Board of Directors has agreed that market research is a necessary exercise, but it is undecided as to which is the most efficient and effective method. Which of the following methods of research would be most appropriate?

Questionnaires

Focus groups

Experimentation

Interviews

NEW QUESTION 189
‘A mam stakeholder of the finance function typically enquires about the prospects of the business, alongside overall performance and feedback on the leadership team’ Which of the following stakeholders is being discussed?’

Production

Human Resources

Sales

SharehoWers

NEW QUESTION 190
The board of company B, a small company, is meeting to discuss the financial year end accounts following the first year of a consolidation of operations.
Of the results provided, select whether each set of information should be reported externally or internally.

NEW QUESTION 191
Company T has eight main products that it markets and sells. One particular product requires a low amount of ongoing investment, has low growth prospects but currently maintains a high market share.
According to the Boston Consulting Group Matrix, which category is this product in?

Cash cow

Star

Question mark

Dog

NEW QUESTION 192
DnD1_0151-R2-D. Match each of the ethical principles with the correct brief scenario.

NEW QUESTION 193
Tom owns a guitar shop, called Jones’s Guitars. In attempt to drum up business, he’s decided to launch a guerilla marketing campaign.
Which of the following is the correct example of Tom using guerilla marketing?

Placing an empty guitar rack outside his shop with a sign saying, “Free air guitar – one per person. “

Encouraging customers to try one of the store’s brand new guitars.

Launching a social media campaign called #GetDownTo]ones’s

Encouraging all his staff to try to build a rapport with the customers.

Spending a lot of money on decorating the shop and playing the most famous guitar- based songs.