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Questions # 11:

'A mam stakeholder of the finance function typically enquires about the prospects of the business, alongside overall performance and feedback on the leadership team'

Which of the following stakeholders is being discussed?'

Options:

A.

Production

B.

Human Resources

C.

Sales

D.

SharehoWers

Expert Solution
Questions # 12:

Corporate governance in the UK, that provides guidance regarding areas such as directors, internal controls and remuneration, is largely defined by which of the following?

Options:

A.

Greenbury report

B.

Combined Code

C.

Cadbury report

D.

Hampel report

Expert Solution
Questions # 13:

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?

Options:

A.

Project Appraisal

B.

Management accounting

C.

Taxation

D.

Project Management

E.

Financial planning and analysis

Expert Solution
Questions # 14:

You work for a pharmaceutical company and during any one year cames out a range of different activities and projects. Which of the following sets of activities can be said to be connecting influence to impact?

Options:

A.

Recommending that a low cost local supplier should be used

B.

Analysing data re supplier locations and costs

C.

Analysing the supply chain of a range of vaccines currently produced

D.

Conducting market research on different suppliers and costs

Expert Solution
Questions # 15:

An organisation has grown in size over the last 6 months and it wishes to improve communication with its employees. Examples of information to share include company policies, human resource information and notices to employees.

 

Which type of system should the company adopt?

Options:

A.

Internet

B.

Intranet

C.

Extranet

D.

Video conferencing

Expert Solution
Questions # 16:

There are many stakeholders who have an interest in an organisation.

Which TWO of the following are connected stakeholders?

Options:

A.

Shareholder

B.

Customer

C.

Government

D.

Trade union

E.

Employee

Expert Solution
Questions # 17:

A facilities management company sells to local councils.

 

Which THREE of the following are appropriate methods of marketing?

Options:

A.

Personal selling

B.

Exhibitions

C.

Technical seminars

D.

Celebrity endorsements

E.

Newspaper adverts

F.

Social media

Expert Solution
Questions # 18:

Which of the following do working capital reports include?

Options:

A.

Performance reports

B.

Cost of sales

C.

Budgets

D.

Cash reports

Expert Solution
Questions # 19:

Which of the following statements is correct in relation to a tall organisation?

Options:

A.

It has many levels of management and therefore a narrow span of control.

B.

It has many levels of management and therefore a wide span of control.

C.

It has only a few 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.

Expert Solution
Questions # 20:

Vladimir is the managing director of a IT repair business called Screenhax. The company has been operating for 10 years and has around 60 members of staff.

Donald, one of Vladimir employees, committed the act of 'skimming".

What did Donald do?

Options:

A.

Donald repaired a customer's broken computer but did not register the job through the computer system. He then pocketed the cosh.

B.

Donald was responsible for paying all employees at Screenhax. He took advantage of this responsibility by creating a fictitious person and directing money to their account.

C.

Donald stole IT equipment from the shop.

D.

Donald borrowed the Screenhax repair van and used it for his own personal commitments without the consent from Vladimir.

E.

Donald's wife had a problem with her computer, so he stole one of the shop's refurbished computers and gave it to her to use.

Expert Solution
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