Cima E1 Exam Question No 36

Question No 36:

Which ONE of the following is a program that impairs data and software?

A. A virus
B. Corrective maintenance
C. Electronic Data Interchange (EDI)
D. Cyber bullying

Answer: A

Cima E1 Exam Question No 35

Question No 35:

Corporate governance is best described as?

A. A code for organisational direction, administration and control.
B. Stakeholder guidelines.
C. A system of penalties for unethical behaviour.
D. The relationship between an organisation and the government.

Answer: A

Accountancy duo achieve top 10 exam grades in the world

Portsmouth two students came in the top 10 in the world in her accounting exams.

Somerset Marcos, 31, of Portsmouth, scored 123 from 150 in the Chartered Institute of Management Accountants (CIMA) of the review of case management studies, beating more than 800 other students from around the world.

Marcos attended St Edmund's Catholic School in Portsmouth before obtaining a BA (Hons) in Accounting from the University of Portsmouth. He studied for their CIMA exams with Kaplan in Southampton.

He said: "It was fantastic and I was told that I was coming in the top 10 in the world in this review and did all the hard work worth studying.

"The review was very hard, but I had a lot of support both Kaplan and my employer."

Glen Carter, 24, of Havant also came in the top 10 in the case of CIMA Strategic Review study.

He studied at CIMA exams with BPP and scored 127 of 150, beating over 1,800 other students.

Glen has studied business at South Downs College, and said: "I was surprised, but happy, I have been in the top ten in the world in this review.

Cima E1 Exam Question No 34

Question No 34:

A transition economy is one that is

A. About to be controlled by a different political regime.
B. Still introducing the benefits of e-commerce.
C. Moving from a planned to a mixed or free market economy.
D. Retrenching due to adverse economic circumstances

Answer: C

CIMA launches updated Certificate in Business Accounting

The Chartered Institute of Management Accountants (CIMA) today released updated CIMA Certificate in Accounting (Cert BA) and assessments under the updated program will start in January 2017 Update includes the five themes of the four existing program. The old math autonomous business subject is now integrated into other subjects, allowing contextual practical application of mathematics. The full content of the program was revised and updated after thorough global industry and educational research, to ensure that it remains current and relevant

Christmas Tagoe, executive director of CIMA Education, said: "The certificate in business accounting is designed to bring people and successful businesses by developing the skills and talent of the release is an independent qualification designed to give. anyone - not just those in a role of funding. - a solid understanding of business fundamentals and financial By equipping people with the knowledge and skills that employers need, we can help them advance their careers.

"The update Cert BA is based on extensive research and consultation with employers and educators around the world, ensuring that the program continues to reflect the new challenges facing companies and satisfies their need for competent professionals, insurance and competent. "

Earlier this year, CIMA has introduced a computerized and updated content classification for professional qualification based on rigorous research and the Chartered Global Management Accountant World (CGMA) newly created CIMA competency framework.

While the update Cert BA is an independent rating also continues to serve as a prerequisite for qualification. BA Cert update now more strongly aligned with the professional qualification by integrating the framework CGMA skills and the integration of structure "three pillars of learning."

Cima E1 Exam Question No 33

Question No 33:

An external auditor gives a qualifi ed audit report that is a " disclaimer of opinion?
This means that the auditor:

A. has been unable to agree with an accounting treatment used by the directors in relation to a material item.
B. has been prevented from obtaining suffi cient appropriate audit evidence.
C. has found extensive errors in the fi nancial statements and concludes that they do not show a true and fair view.
D. has discovered a few immaterial differences that do not affect the auditor's opinion.

Answer: B

CIMA SL asked to play vital role in job creation

CIMA Sri Lanka organized a gala dinner to celebrate his 50-year presence in the country recently. Prime Minister Ranil Wickremesinghe, who graced the event as guest of honor, said: "It will have a vital role to play in creating a million jobs, to Sri Lanka a highly competitive social market economy to increase incomes and living standards of the people, creating a strong middle class and raise our rural economy. "The Prime Minister has also developed 'CIMA role will be to ensure that there are enough qualified people to meet the that means you have to train people for our needs and take into account the fact that some of our people go abroad ".

CIMA President, Myriam Madden and CEO, Charles Tilley were also in Sri Lanka to celebrate this milestone. In his speech, Myriam Madden cited turbulent history of Sri Lanka and welcomed the efforts of CIMA Sri Lanka to build the economy and national education during this time. "I am very proud that CIMA, and his relationship with Sri Lanka and its contribution to the economy here in Sri Lanka survived these difficult times and have contributed to Sri Lanka through this difficult time." Myriam said she is excited and optimistic about Sri Lanka and the future growth of CIMA in the country.

The event recognized all former presidents of CIMA Sri Lanka, with special recognition given to Deshamanaya MTA Furkhan, co-founder of CIMA Sri Lanka and HAP Devagiri - the oldest living member of CIMA. Coincidentally, the 100,000th member of CIMA, Samalka Athuraliya becomes a Sri Lanka and was also recognized at the event.

CIMA, the Chartered Institute of Management Accountants UK was established in 1911 as the Institute of costs and job accounting. In 1965, two meters high - Frank Hayhurst and MTA Furkhan - laid the first stone of what would later become CIMA Sri Lanka. In the years that followed, the profession of management accounting has increased both quantitatively and qualitatively. Today, CIMA Sri Lanka is one of the largest markets outside the UK, with 13,363 students and one of the most sought after skills in the country. Currently there are 6340 active members and retirees qualified Sri Lanka and 2,812 active members of CIMA Sri Lanka living abroad.

Cima E1 Exam Question No 32

Question No 32:

 Background and circumstances, special attributes and disposition are all factors often identified in which ONE of the following?

A. Service level agreements
B. Key performance indicators
C. Person specifications
D. Job descriptions

Answer: C