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E1 Questions and Answers

Question # 1

Which THREE of the following areas would be improved by an organisation using a Customer Relationship Management (CRM) system?

A.

Sales

B.

 Marketing

C.

Customer service

D.

Budgeting

E.

Operations

F.

Inventory management

Question # 2

HKD is an online marketing company Its finance function is currently preparing budgets for the coming period.

At which stage of value creation is HKD's finance function currently playing a key role?

A.

Dictates

B.

Shapes

C.

Narrates

D.

Enables

Question # 3

Having the right assets and making the best use of them is crucial if an organisation is to achieve its strategies on a sustainable basis. Which of the following best describes the row of the finance function in relation to an organisation’s assets?

A.

Deciding on which new machinery to buy for the production facility.

B.

Ensuring that assets are used to their optimum capacity on an on-going basis.

C.

Setting asset lifetimes that are in keeping with shareholders' requirements.

D.

Collating and providing information to enable efficient asset management

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