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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?

A.

Break even analysis

B.

Pricing analysis

C.

Investment appraisal

D.

Key factor analysis

Finance business partners are seen as leaders that can influence the decisions that businesses make. Which of the following best describes their role in this process?

A.

Executing strategies set by the CEO

B.

Providing preliminary insight

C.

Maximising value

D.

Generating information

DnD1_0151-R2-D: Match each of the ethical principles with the correct brief scenario.

R works in the finance function of TX Company, a large multinational vehicle manufacturer.

Most of R's work involves shaping how the company creates and preserves value by using effective controls.

Which of the following activities is R most likely to be involved with?

A.

Variance analysis

B.

Budgeting

C.

Sales forecasting

D.

Reviewing customer satisfaction

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.

People

B.

Processes

C.

Physical evidence

D.

Promotion

E.

Price

F.

Product

When using an integrated reporting approach a supermarket will include which THREE of the following in the organisation's annual financial statements?

A.

Statement of cash flows

B.

Statement of the number accidents occurring

C.

Statement of risks facing the organisation

D.

Statement of financial position

E.

Statement of remuneration of all employees

During the past six months NVT has been undergoing a study, as part of a rationalisation programme to review the profitability of each of its retail stores.

As a result, 30 stores have been identified for closure T with a further 50 stores selected to receive an investment of funds in order to remain profitable going forward. Throughout this process NVTs finance function has worked alongside others in the organisation providing advice and guidance.

Which TWO of the following areas has the finance function most likely been involved with as part of the review?

A.

Project Appraisal

B.

Management accounting

C.

Taxation

D.

Project Management

E.

Financial planning and analysis

Which of the following can facilitate innovation within an organisation?

 

Select ALL that apply.

A.

The communications system

B.

The leadership style

C.

A blame culture

D.

A formal structure

AB Company is considering a recruitment campaign to provide extra senior marketing staff for a new product launch. AB produces specialist industrial cleaning products and has a well developed marketing function. Which of the following will be an effective alternative to a recruitment campaign?

A.

Promotion of existing staff in the department

B.

Secondment of staff from other departments

C.

Use of agency staff

D.

Job rotation within the organisation

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.

Distributing finished goods

B.

Storing raw material

C.

Increasing customer awareness

D.

Dealing with customer enquiries