QUESTION: 49

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?

Keep these groups informed
Take minimal effort with these groups
Keep these groups satisfied
Treat these groups as key players

Answer(s): A

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QUESTION: 50

Which of the following describes a disadvantage of succession planning?

Planning requires resources to manage it.
It can be cheaper than advertising.
It motivates employees as rewards are visible.
It develops career structures.

Answer(s): A

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QUESTION: 51

One of the finance function's main stakeholders provides feedback on customer responses and reviews about the organisation's products and services. Which of the following will provide this feedback?

Sales function
Shareholders
Production function
Human Resources

Answer(s): A

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QUESTION: 52

AB Company is planning to produce a new product which will require an extra shift to be worked in its factory, and needs to know if the sales expected will cover the extra cost of manufacture. Which of the following financial processes will be used to calculate this?

Break even analysis
Pricing analysis
Investment appraisal
Key factor analysis

Answer(s): A

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Free CIMA E1 Exam Braindumps (page: 14)

QUESTION: 49

QUESTION: 50

QUESTION: 51

QUESTION: 52

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