CIMAPRA19-P03-1 試験問題を無料オンラインアクセス

Achieving the budget is often used as a good performance measure. However, there are problems with budgets which may mean they are not always good measures of performance.
Which TWO of the following statements about budgets suggest that they should not always be used to measure performance?

• A.Budgets may deliberately be set too low by managers so they are easily achieved and make the manager look good.
• B.Budgets can give people goals to achieve and if everyone strives to achieve these goals the whole organisation will benefit.
• C.Budgets are a commitment. They therefore act as a constraint on doing anything different.
• D.Budgets can be used to motivate staff if they are set correctly.

WTW is a global company which produces high-tech equipment such as smart televisions and mobile phones The CFO has just resigned, having been offered a post at a competitor The CFO was well regarded and WTWs share price has fallen in response to the announcement At a board meeting the production director commented that the share price fall is the fault of the nomination committee Which THREE of the following statements are correct?

• A.The nomination committee should prepare a description of the role and capabilities required for the CFO's replacement
• B.Most of the members of the nomination committee should be executive directors as they are responsible for ensuring the share price recovers quickly.
• C.The nomination committee should have considered succession planning for directors before the CFO resigned
• D.When planning the CFO's replacement the nominations committee should consider the diversity of the board
• E.If the nomination committee had been working effectively the CFO would not have resigned

K is a large mining company. In its risk report it states that there is a risk of accidents and injury because of the nature of the industry. It states that it has staff training in place and complies with all Health and Safety regulations but in spite of this there will still be a residual risk that accidents and injuries may occur.
Which of the following statements are correct?

• A.The shareholders should not invest because there is still a residual risk.
• B.Most companies in this industry will say something similar in their risk report.
• C.The directors are avoiding their responsibilities by saying there is a residual risk.
• D.Accepting a residual risk does not imply the company is reckless.
• E.Some risks cannot be eliminated.

M plc is an IT company that bids for large contracts to sell computer systems and also to service existing systems. M plc's senior management has always set budgets which are hard to achieve and have made no allowances for the recession.
The economy has improved and M plc's senior managers have made the budget even more optimistic. The budgeted sales target has been increased by 40%.
In the past, sales staff have not tried to achieve the budget sales because it was generally believed that the targets were impossible to reach.
M plc has recently appointed a new Sales Director who has decided that sales staff will be dismissed if they fail to meet sales targets for three successive months. He is also looking for higher sales margins than were achieved before.
What are the likely consequences of the new Sales Director's policy?

• A.Sales staff will encroach on other sales staff territories to get more work.
• B.Sales staff will tender for riskier contracts.
• C.Sales staff will be happier in their jobs.
• D.Sales staff will look for new jobs.
• E.Sales staff will feel more settled and secure in their jobs.

H manufactures and sells healthy dietary supplements. The company recruits individuals as part-time agents to sell its products to friends and colleagues. These agents are required to buy H's products and to resell them at a small mark-up.
For a fee, H will provide agents with training in persuasive selling techniques. Agents who pass exams at the conclusion of this training can become distributors. Distributors buy bulk quantities of H's products at a discount and can recruit their own sales agents. Those agents can also take training and can recruit agents of their own.
At what stage does H stop being a legitimate business and become a pyramid selling fraud?

• A.When it asks its agents to buy product and marketing material up front.
• B.When it offers its agents more reward for recruiting other agents than for selling its product.
• C.When its training programmes promise to unlock the secret of selling its product.
• D.When it offers returns on its agents' investments that seem remarkable.