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NEW QUESTION 162
N works in the Finance Department of a frozen food distribution company. His role includes analysing how long it takes for customers to settle their accounts and, in turn, when the company's payables are cleared.
Which of the following is described above?
- A. Preparation of forecasts
- B. Performance reporting
- C. Cost reporting
- D. Working capital control
Answer: D
NEW QUESTION 163
Which of the following statements regarding shamrock organisations are true?
1:Shamrock organisations typically comprise four discrete components.
2:The core group of executives are often supported by external contractors and part- time staff.
3:One of the main characteristics of a shamrock organisation is its flexibility.
- A. 2 + 3
- B. 0
- C. 1 + 2
- D. 1 + 3
- E. 1 + 2 + 3
- F. 1
- G. 2
Answer: A
NEW QUESTION 164
An internal audit department is set up to help prevent fraud. Which of the following are possible implications if fraud is allowed to take place?
Select ALL that apply.
- A. Criminal charges
- B. Inadequate segregation of duties
- C. Theft of goods
- D. Loss of new investors
Answer: A,C,D
NEW QUESTION 165
R is a 14 year old girl and has been promised a new computer for her birthday. Her school friends have popular hand-held models which are very intuitive to use with an eye-pleasing interface and design. Her parents want her to have a cumbersome personal computer which has to be situated at home as it will be more secure and easy to upgrade in the future without replacing the whole unit. R would prefer the computer her friends have. Which influence is R demonstrating?
- A. Socio/cultural influence
- B. Psychological influence
- C. Personal influence
- D. Technical influence
Answer: A
NEW QUESTION 166
Which of the following effects on tax is a benefit of the implementation of Corporate Social Responsibility (CSR) strategies?
- A. Reduction in income tax
- B. Reduction in value added tax
- C. Reduction in corporation tax
- D. Reduction in environmental taxes
Answer: D
NEW QUESTION 167
Data science is increasingly important in the production of business focused data It consists mainly of experts with backgrounds in mathematics, programming and computer science Which of the following best describes the attributes of a data scientist?
- A. Individuals who flag inefficiencies in the system and potentially suggest improvements and test solutions.
- B. Individuals who can affect or be affected by the organisations actions
- C. Individuals who act as an interface between the business functions and data specialists
- D. individuals with the ability to extract meaning from and interpret data from statistics and machine learning.
Answer: D
NEW QUESTION 168
AB Company is currently the sole supplier of raw material to XY Company and has recently increased its prices. This has been highlighted by a raw material price variance in the management reports of XY Company, and in order to correct this the Finance Director has recommended that an alternative cheaper supplier be found as soon as possible. The Purchasing Department has indicated that only AB is able to supply all of the company's requirements and has been doing so reliably to a high quality on a just-in-time (JIT) basis for many years. Finding an alternative will involve purchasing from several unknown suppliers. Which of the following are possible consequences of this decision?
Select ALL that apply.
- A. Quality will decrease
- B. Manufacturing costs will decrease
- C. Speed of production will increase
- D. Administration costs will decrease
- E. Product profitability will increase
- F. Inventory levels will increase
Answer: A,E,F
NEW QUESTION 169
Place 'Management accountant' or 'Financial accounant' next to each of the following statements according to which applies.
Answer:
Explanation:
NEW QUESTION 170
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?
- A. Divisional structure
- B. Matrix structure
- C. Functional structure
- D. Entrepreneurial structure
Answer: A
NEW QUESTION 171
Which one of the following structures primarily suits a nationwide business with three product lines; for example, soup, condiments and baby food?
- A. Geographical
- B. Functional
- C. Matrix
- D. Divisional
Answer: D
NEW QUESTION 172
Which TWO of the following are important aspects of the product in the marketing mix?
- A. Brand image
- B. Sponsorship
- C. Advertising
- D. Warranties
- E. Distribution
Answer: A,D
NEW QUESTION 173
Which of the following best describes the 'passive stage' of purchasing?
- A. Purchasing is concentrated on price negotiation
- B. Purchasing integrates latest practices and technology
- C. Purchasing is independent of corporate strategy
- D. Purchasing has no strategic direction
Answer: D
NEW QUESTION 174
Company Y is looking into relocating its production from Country P to neighbouring Country O.
After researching the cost of production, this move gives the benefit of reduced material and labour costs which more than off-set the costs of transferring the finished goods back into Country P for sale. The decision to relocate the production is classified as which of the following options?
- A. Outsourced production
- B. Off-shoring
- C. Near-shoring
- D. Retained production
Answer: C
NEW QUESTION 175
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. Involving user expertise will encourage commitment.
- B. Conflict is dealt with in an orderly fashion.
- C. Understanding the benefits will lead to acceptance.
- D. Compromise will overcome resistance.
Answer: A
NEW QUESTION 176
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. Identify the most suitable supplier of raw materials
- B. Establish what is currently happening and why
- C. Develop new improved processes to reduce or eliminate inefficiency
- D. Measure how efficiently the process is working
Answer: A
NEW QUESTION 177
Which of the following statements is correct in relation to a tall organisation?
- A. It has many levels of management and therefore a wide span of control.
- B. It has only a few levels of management and therefore a narrow span of control.
- C. It has many levels of management and therefore a narrow span of control.
- D. It has only a few levels of management and therefore a wide span of control.
Answer: C
NEW QUESTION 178
XYZ company is a large public limited company, registered in the UK and required to be externally audited Who is responsible for appointing the external auditors?
- A. Board of directors
- B. Non-executive directors
- C. Shareholders
- D. Executive directors
Answer: B
NEW QUESTION 179
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