Most Recent CIMAPRA19-E03-1 Exam Questions & Answers

Prepare for the CIMA E3 Strategic Management exam with our extensive collection of questions and answers. These practice Q&A are updated according to the latest syllabus, providing you with the tools needed to review and test your knowledge.

QA4Exam focus on the latest syllabus and exam objectives, our practice Q&A are designed to help you identify key topics and solidify your understanding. By focusing on the core curriculum, These Questions & Answers helps you cover all the essential topics, ensuring you're well-prepared for every section of the exam. Each question comes with a detailed explanation, offering valuable insights and helping you to learn from your mistakes. Whether you're looking to assess your progress or dive deeper into complex topics, our updated Q&A will provide the support you need to confidently approach the CIMAPRA19-E03-1 exam and achieve success.

The questions for CIMAPRA19-E03-1 were last updated on Jan 17, 2025.

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Question No. 1

You are aManagementAccountant working for an Organization that includescommitments to 'sustainability' in its mission statement.

Which THREE of the following are contributions that aManagementAccountant can make totheachievement of this part of theOrganization's mission statement?

AIntegrated reporting of the triple bottom line of Profits, People and Planet.

BMeasures of Organization's use of non-renewable resources and environmental emissions.

CProject evaluations that include the externalities as well as the cash costs.

DEnsuring the Organization adopts the lowest cost technologies and suppliers.

EProviding financial information with all non-recurring expenditures and incomes removed.

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Correct Answer: A, B, C

Question No. 2

McKinsey's '7-S' model distinguishes between 'hard' and 'soft' factors.

Which TWO of the following statements arecorrect?

AHard factors tend to be intangible and hard to identify.

BSoft factors tend to be intangible and hard to identify.

CHard factors tend to be formal and measurable.

DSoft factors tend to be formal and measurable.

ESoft factors focus on the future and hard factors focus on the present.

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Correct Answer: B, C

Question No. 3

T is a management consultant. He was recently contracted by company XYZ to act as an externalChangeAgent in a program of change being undertaken. T's first task was to assist XYZ in clearly defining the outcomes of the change program and ensure that these were achievable. T also set up a number of change teams and led several workshops and team building exercises. Many of XYZ's staff were resistant to the change program. Therefore,Thad to ensure that he created an appropriate vision for the change and was able to resolve any conflict which occurred during the change program.

Which THREE of the following are the key skills of aChangeAgent demonstrated by T?

AGoal Setting

BNegotiation skills

CIndependence

DRole Setting

EManaging up

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Correct Answer: A, B, D

Question No. 4

CCC is a charity which has an excellent reputation within its home country. CCC employs over 300 highly experienced staff and also has 200 skilled volunteers. Its funding mainly comes from donations from the public but its public profile is low compared to larger, more publicised charities.

Due to the recent recession, public donations to CCC have fallen in the last five years, but demand for its services continues to grow.

The government of the country in which CCC operates is encouraging greater collaboration between charities and there have been several recent successful mergers within the charity sector. CCC has recently been approached by a high profile and well funded charity, PPP, with a proposal to merge. PPP offers complementary services to those offered by CCC.

WhichTWOof the following factors would most likely be considered as an 'opportunity'for CCC?

AThe excellent reputation of CCC

BGrowing demand for its services

CMerging with PPP.

DHighly experienced staff

EDonations from the public

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Correct Answer: B, C

Question No. 5

You work as a Management Accountant for GHJ, a company that includes commitments to 'sustainability' in its mission statement.

Which THREE of the following are contributions that you, as Management Accountant, could make towards the achievement of this part of the company's mission statement? (Choose three.)

AProject evaluations that include the externalities as well as the cash costs.

BProviding financial information with all non-recurring expenditures and incomes removed.

CEnsuring the organization adopts the lowest cost technologies and suppliers.

DIntegrated reporting of the triple bottom line of Profits, People and Planet.

EMeasures of organization's use of non-renewable resources and environmental emissions.

Show Answer

Correct Answer: A, D, E

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