E1 Certification – Valid Exam Dumps Questions Study Guide! (Updated 297 Questions)
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NEW QUESTION 137
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?
- A. Transactions are recorded by a sole participant
- B. It will be easy to understand and work with.
- C. Records can be easily changed and amended
- D. Costs of maintaining and reconciling ledgers can be reduced
Answer: D
NEW QUESTION 138
Capturing and utilising big data is now a key element of many organisations' value adding process. Which of the following best describes the attribute of big data velocity*?
- A. The capability to validate data to tolerable levels
- B. The capacity to process large quantities of data
- C. The capability to swiftly capture and process data in real time
- D. The capability to process internal and external data
Answer: C
NEW QUESTION 139
XY Company manufactures in a highly competitive environment and achieves competitive advantage by regularly monitoring all the activities in its value chain. Which of the following would be affected by problems in the outbound logistics function?
- A. Increasing customer awareness
- B. Distributing finished goods
- C. Dealing with customer enquiries
- D. Storing raw material
Answer: B
NEW QUESTION 140
A Company is considering to outsource its accounts payable According to the transaction cost theory of Williamson and Coase, which of the following involve activities and costs associated with policing and enforcing the agreement with the service provider?
- A. Monitoring asset purchases associated with the agreement
- B. Ensunri9lne outsourcer maintains the agreed service level.
- C. Agreeing an acceptable service level agreement.
- D. Determining which supplier is the cheapest.
Answer: C
NEW QUESTION 141
Which of the following statements best describes data extraction?
- A. Examining the data to understand its content formats and structure.
- B. Storing data in a systematic and logical way ready for further interrogation.
- C. The process of harvesting data from source databases and locations
- D. Data being processed into the destination database ready for use.
Answer: C
NEW QUESTION 142
Dismissal is a drastic form of disciplinary action. Which THREE of the following examples would constitute fair dismissal?
- A. It has been discovered that the Management Accountant embezelled $10,000.
- B. The Office Manager has announced that she is pregnant.
- C. A senior manager has been passing product information to competitors.
- D. The Office Junior was 10 minutes late returning from lunch twice last week.
- E. A driver has been convicted of driving whilst under the influence of alcohol and has received a driving ban for 24 months.
- F. The Sales Manager has requested flexible working hours.
Answer: A,C,E
NEW QUESTION 143
A management accountant vacancy has arisen in the Finance Department of HJ Company. The Finance Manager is preparing the necessary paperwork for the recruitment process and is currently working on the person specification. He has contacted the company's Human Resource Department to ask for advice on which THREE of the following he should include in the person specification:
- A. Special attributes
- B. The purpose and title of the job
- C. The job environment
- D. Attainments
- E. Salary range
- F. Background and circumstances
Answer: A,D,F
NEW QUESTION 144
Which of the following are the tasks associated with the effective management of the treasury function?
Select ALL that apply.
- A. Ensure effective product pricing
- B. Legally avoid paying as much tax as possible
- C. Ensure compliance with statutory reporting
- D. Minimise foreign exchange losses
- E. Effectively manage the trading position
- F. Effectively manage the cash position
Answer: B,D,F
NEW QUESTION 145
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?
- A. Specific ability test
- B. Numeracy and literacy test
- C. Cognitive test
- D. Personality test
Answer: A
NEW QUESTION 146
Which of the following is NOT a form of viral marketing?
- A. Television advertisement
- B. Video clips (including those taken on mobile phones)
- C. Email
- D. Text message
Answer: A
NEW QUESTION 147
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.
Answer:
Explanation:
NEW QUESTION 148
With the use of increasingly sophisticated systems and improved communications, the focus of the accountant's role has changed in recent years to which of the following?
- A. Variance reporting
- B. Treasury management
- C. Business support
- D. Statutory reporting
Answer: C
NEW QUESTION 149
There are several inter-related activities thought critical in implementing internal marketing. Which THREE are valid?
- A. Internal customer segmentation
- B. Internal communications
- C. Social media
- D. Competitor analysis
- E. Regular customer surveys
- F. Advertising
Answer: A,B,C
NEW QUESTION 150
Velocity is one of the defining characteristics of Big Dat
a. Which of the following most accurately defines what this means?
- A. The volume of the data
- B. The different formats of data
- C. The speed of data creation
- D. The validity of data
Answer: C
NEW QUESTION 151
A service level agreement will NOT normally include which of the following?
- A. Details of the mode of operation of the supplier
- B. The procedure for dealing with complaints
- C. The consequences of failing to meet targets
- D. The number of targets to be used
Answer: A
NEW QUESTION 152
Company O has appointed a new CEO who is well known in the industry for making radical changes within the companies that she works for. After her first 9 months in the role, she announced some changes that she wanted to make, starting with the Finance Department. She stressed an intention to focus inwards on improvements to efficiencies and that she was not afraid to make fundamental changes if this is what is required to achieve those improvements. Which of the following is described above?
- A. Relocation of production
- B. Reconfiguration to market oriented.
- C. Business Process Re-engineering
- D. Segregation of the finance function
Answer: C
NEW QUESTION 153
Which TWO of the following statements are NOT aims of a reward system?
- A. To encourage excessive risk taking
- B. To reward poor performance
- C. To ensure consistency and fairness
- D. To comply with legislation
- E. To control costs
Answer: A,B
NEW QUESTION 154
Place the following categories typically found in a 'person specification' next to each job holder's requirements.
Answer:
Explanation:
NEW QUESTION 155
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?
- A. Price
- B. People
- C. Promotion
- D. Processes
- E. Product
- F. Physical evidence
Answer: B,D,F
NEW QUESTION 156
Over the past year, JKL Company has found that its two largest competitors have taken some of their market share since opening online stores At the same time JKL has noticed that the capabilities of the new computing equipment that it has recently introduced are much greater than the ones that it had replaced.
JKL has decided to launch its own online store, to compliment its chain of high street stores, m a bid to win back the market share that it has lost Existing staff will be retrained to carry out the online operation.
Which TWO factors, associated with the contextual design of an organisation, are driving this decision?
- A. Technology
- B. Culture
- C. Specialisation
- D. Size
- E. Environment
Answer: A,B
NEW QUESTION 157
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 business saves money by needing less senior mechanics and repairing boilers quicker.
- B. The system can be used for other purposes such as staff rotas.
- C. The business is less reliant on the senior technician for solving problems.
- D. The system generates customer invoices quickly.
- E. Faults are diagnosed quicker so customer service is improved.
- F. Junior technicians are able to identify faults without a detailed knowledge.
Answer: A,C,E,F
NEW QUESTION 158
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