Certification Training for E1 Exam Dumps Test Engine [2022]
Oct 29, 2022 Step by Step Guide to Prepare for E1 Exam
NEW QUESTION 65
When testing an information system before it goes live, using contrived testing will present the system with which type of data and transactions?
- A. Realistic data and transactions
- B. Routine mix of data and transactions
- C. Large volumes of data and transactions
- D. Unusual and unexpected data and transactions
Answer: D
NEW QUESTION 66
Which of the following are advantages of outsourcing finance? Select ALL that apply.
- A. The external organisation/individual has an increased understanding of the outsourcing business.
- B. Internal expertise is improved.
- C. Increased confidentiality.
- D. Allows the organisation's management to focus on its core operations and core issues.
- E. Level of independence is increased.
- F. There is a known fee if agreed in advance.
- G. Can help to keep costs down and improve quality.
- H. Increased control.
Answer: D,F,G
NEW QUESTION 67
Which of the following is the component of Hadoop which is responsible for breaking down a task into chunks of work and allocating them?
- A. Distribute File System
- B. BigQuery
- C. Data Manipulation Language
- D. MapReduce
Answer: A
NEW QUESTION 68
T is the head of the marketing department in company Z.
There have been several new recruits into the department recently and T is introducing them to the marketing mix. T explains that the original marketing mix had only 4 Ps. However, this was focused primarily around the manufacturing industry.
The mix was later extended to include an extra 3 Ps for use in the service industry. Which THREE of the following are the extra 3 Ps?
- A. People
- B. Place
- C. Physical evidence
- D. Processes
- E. Price
- F. Promotion
Answer: A,C,D
NEW QUESTION 69
H works in an organisation that supplies advertising space in prominent areas in inner cities. She frequently works at client premises with limited time spent at the office headquarters. H's colleagues also work in the same manner and the organisation has reduced office space as most employees are not in the office all at the same time. Instead, a bank of work stations are provided for sales staff with telephones and internet connections. Which of the following working arrangements is described above as being provided by the organisation?
- A. Job sharing
- B. Hot desking
- C. Remote working
- D. Teleworking
Answer: B
NEW QUESTION 70
A cut-flower production business has peaks of demand around special days in the year that celebrate religious festivals. Which of the Four Vs of operations is being described in the above scenario?
- A. Variation
- B. Volume
- C. Velocity
- D. Variety
Answer: A
NEW QUESTION 71
A boiler repair business uses an expert system in the form of a fault diagnostic system. What benefits does this give to the business?
Select ALL that apply.
- A. The system can be used for other purposes such as staff rotas.
- B. The business saves money by needing less senior mechanics and repairing boilers quicker.
- C. Junior technicians are able to identify faults without a detailed knowledge.
- D. The business is less reliant on the senior technician for solving problems.
- E. Faults are diagnosed quicker so customer service is improved.
- F. The system generates customer invoices quickly.
Answer: B,C,D,E
NEW QUESTION 72
Corporate social responsibility (CSR) encompasses four different dimensions.
Match each of the descriptions below with the correct CSR dimension.
Answer:
Explanation:
NEW QUESTION 73
When implementing a new IT system and according to the theory of Kotter, Schlesinger and Sache, which of the following is a benefit of using participation as a way of overcoming resistance to change?
- A. Conflict is dealt with in an orderly fashion.
- B. Involving user expertise will encourage commitment.
- C. Compromise will overcome resistance.
- D. Understanding the benefits will lead to acceptance.
Answer: B
NEW QUESTION 74
Which THREE of the following are characteristics of undifferentiated marketing?
- A. Aiming to attract as many customers as possible to buy the product
- B. Selecting the most lucrative markets
- C. Delivering a single product to the entire market
- D. Producing several products each aimed at different segments
- E. Specialising in one or two identified markets
- F. Having little concern for segmentation
Answer: A,C,F
NEW QUESTION 75
Which THREE of the following suggest an independent approach to organisational purchasing according to Reck and Long?
- A. Growing awareness of the financial importance of purchasing.
- B. Involvement in strategic planning.
- C. Treating suppliers as partners.
- D. A move away from reactive to more professional approaches.
- E. Skills in negotiating the best price with suppliers.
- F. Efficient responses to requests for supplies from departments.
Answer: A,D,E
NEW QUESTION 76
Which area of a Finance Manager's job role do the following tasks fit into?
Place the appropriate role against the task.
Answer:
Explanation:
NEW QUESTION 77
Which of the following are the primary objectives of a commercial organisation?
Select ALL that apply.
- A. Maximise trading performance
- B. Ensure compliance with tax legislation
- C. Maximise shareholder wealth
- D. Ensure continued employment for staff
- E. Protect the environment
- F. Ensure going concern status
Answer: A,C,F
NEW QUESTION 78
X Company has several distinctive corporate social responsibility stances including a concentration on the triple bottom line, being proactive, and treating stakeholders as partners. According to Johnson, Whittington and Schools' categorization which of the following stances would best fit X?
- A. Forum for stakeholder interaction
- B. Enlightened self-interest
- C. Shaper of society
- D. Laissez-faire
Answer: A
NEW QUESTION 79
There are various roles within the finance and accounting function. A trainee accountant first joining the profession can take some time learning the different aspects of each before making a decision on specialising in any particular direction.
Below are different components of the finance function. Match these with the examples of responsibilities listed.
Answer:
Explanation:
NEW QUESTION 80
Which of the following would be a disadvantage of the use of 'big data'?
- A. Increased speed of decision making
- B. Increased volume of unstructured data
- C. Increased relevance of decisions
- D. Increased system requirements
Answer: D
NEW QUESTION 81
Which of the following is a possible disadvantage associated with a matrix structure?
- A. Flexibility is encouraged
- B. Dilution of functional authority
- C. Customer orientation is emphasised
- D. Exchange of opinions is facilitated
Answer: B
NEW QUESTION 82
Barry has heard that the government is planning to tighten environmental regulations.
He doesn't like the sound of this, as even though some businesses won't be affected that much, he will have to end up paying a lot more to run his business.
Which of the following options would be most effective in preventing the government from imposing such regulation?
Select ALL that apply.
- A. Try and set up meetings with high-ranking members of the government to persuade them to not impose the new regulation.
- B. Make a large donation to the the main opposition party in the hope they'll put pressure on the governing party to not impose the new regulation.
- C. Tell a member of the governing party that he has some unscrupulous information about the party that he'll leak to the press if they go ahead with their plans to impose new regulation.
- D. Make a large donation to the party in power in the hope that they'll abandon their plans to impose new regulation.
Answer: A,D
NEW QUESTION 83
T is the head of the marketing department in company Z.
There have been several new recruits into the department recently and T is introducing them to the marketing mix.
T explains that the original marketing mix had only 4 Ps. However, this was focused primarily around the manufacturing industry. The mix was later extended to include an extra 3 Ps for use in the service industry. Which THREE of the following are the extra
3 Ps?
- A. People
- B. Place
- C. Physical evidence
- D. Processes
- E. Price
- F. Promotion
Answer: A,C,D
NEW QUESTION 84
In order to understand the potential for conflict over the functioning of a finance department, B organisation's new Chief Financial Officer has prepared a power/interest (Mendelow) matrix. How should the Chief Financial Officer treat groups with high levels of interest but relatively low power when determining the role of the function?
- A. Keep these groups satisfied
- B. Take minimal effort with these groups
- C. Keep these groups informed
- D. Treat these groups as key players
Answer: C
NEW QUESTION 85
An employee feels forced to resign due to their employer allowing them to be bullied. Which type of dismissal is this an example of?
- A. Wrongful
- B. Arbitrary
- C. Constructive
- D. Unfair
Answer: C
NEW QUESTION 86
Which of the following is NOT a feature of a knowledge management system specific to a particular organisation?
- A. The internet
- B. A wide area network
- C. The intranet
- D. A local area network
Answer: A
NEW QUESTION 87
One of the key corporate governance factors within an organisation is that of responsible planning and management of resources. This is often referred to as stewardship. Whilst this is the responsibility of all directors, financial resources are overseen by the financial director. The finance department, under the direction of the financial director, issues weekly staff performance reports to line managers and department heads, annual statistical information to local government departments and quarterly high level results statements to shareholders. Why is stewardship such an important responsibility of company directors and the finance function?
- A. It is the interest of the employees
- B. It is the interest of the government
- C. It is the interest of all shareholders
- D. It is the interest of all stakeholders
Answer: D
NEW QUESTION 88
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?
- A. Adopting a 'helicopter view'
- B. An open-minded outlook
- C. A compliant personality
- D. A 'photographic' memory
- E. A visionary leader
Answer: A,C,E
NEW QUESTION 89
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