Title CIMA E1 Enterprise Operations kit.pdf ✅

CIMA practice & revision kit operational paper e1 enterprise operations FOR exams in 2014 operational paper e1 enterprise operations This Practice & Revision Kit is one of a suite of products, for use independently or as part of a package, supporting Operational Paper E1 Enterprise Operations. This kit helps you focus your revision and practice for the exam in a way that makes the best use of your time. Targeted at CIMA’s 2014 exams, it provides: • Practice on questions in every syllabus area in the different formats you will encounter • Feedback on how to approach questions • Advice on how to obtain easy marks • Rehearsals for your exam day with three mock exams For more details about this or any other BPP Learning Media products, please call our customer services team on 0845 075 1100 (within the UK) or +44 (0)20 8740 2211 (from overseas), email [email protected] or visit our website www.bpp.com/learningmedia january 2014 £18.00 BPP House 142-144 Uxbridge Road London W12 8AA United Kingdom T 0845 075 1100 (UK) T +44 (0)20 8740 2211 (Overseas) E [email protected] BPP.com/learningmedia CIMA ABOUT BPP LEARNING MEDIA BPP Learning Media materials offer all you need to study and succeed in your CIMA exams. Whatever your learning style, we have books and e-learning to suit. So like many CIMA students, you can give yourself the best chance to pass. For exa ms in 2014 CIMA prac tice & revision kit oper ation al paper e1 enterprise operations CME1RK14 (POL & HO).indd 1-3 09/12/2013 10:52
P R A C T I C E & R E V I S I O N K I T OPERATIONAL PAPER E1 ENTERPRISE OPERATIONS This Kit is for exams in 2014. In this Kit we: • Discuss the best strategies for revising and taking your E1 exam • Show you how to be well prepared for the 2014 exams • Give you lots of great guidance on tackling questions • Demonstrate how you can build your own exams • Provide you with three mock exams • Show you how marks are awarded in the exam, using CIMA marking guides FOR EXAMS IN 2014
ii First edition 2010 Fifth edition January 2014 ISBN 9781 4453 7162 7 (Previous ISBN 9781 4453 6614 2) e-ISBN 9781 4453 7189 4 British Library Cataloguing-in-Publication Data A catalogue record for this book is available from the British Library Published by BPP Learning Media Ltd BPP House, Aldine Place 142-144 Uxbridge Road London W12 8AA www.bpp.com/learningmedia Printed in the United Kingdom by Polestar Wheatons Hennock Road Marsh Barton Exeter EX2 8RP Your learning materials, published by BPP Learning Media Ltd, are printed on paper obtained from traceable sustainable sources. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior written permission of BPP Learning Media. The contents of this book are intended as a guide and not professional advice. Although every effort has been made to ensure that the contents of this book are correct at the time of going to press, BPP Learning Media makes no warranty that the information in this book is accurate or complete and accept no liability for any loss or damage suffered by any person acting or refraining from acting as a result of the material in this book. We are grateful to the Chartered Institute of Management Accountants for permission to reproduce past examination questions. The suggested solutions in the exam answer bank have been prepared by BPP Learning Media Ltd © BPP Learning Media Ltd 2014 A note about copyright Dear Customer What does the little © mean and why does it matter? Your market-leading BPP books, course materials and e- learning materials do not write and update themselves. People write them on their own behalf or as employees of an organisation that invests in this activity. Copyright law protects their livelihoods. It does so by creating rights over the use of the content. Breach of copyright is a form of theft – as well as being a criminal offence in some jurisdictions, it is potentially a serious beach of professional ethics. With current technology, things might seem a bit hazy but, basically, without the express permission of BPP Learning Media:  Photocopying our materials is a breach of copyright  Scanning, ripcasting or conversion of our digital materials into different file formats, uploading them to facebook or e-mailing them to your friends is a breach of copyright You can, of course, sell your books, in the form in which you have bought them – once you have finished with them. (Is this fair to your fellow students? We update for a reason.) Please note the e-products are sold on a single user license basis: we do not supply 'unlock' codes to people who have bought them secondhand. And what about outside the UK? BPP Learning Media strives to make our materials available at prices students can afford by local printing arrangements, pricing policies and partnerships which are clearly listed on our website. A tiny minority ignore this and indulge in criminal activity by illegally photocopying our material or supporting organisations that do. If they act illegally and unethically in one area, can you really trust them? Marking schemes and quotes from examiner comments (where provided for past CIMA exam questions) are sourced from CIMA post exam guides, which can be found in full at cimaglobal.com.
iii Contents Page Finding questions and using the Practice and Revision Kit Question index iv Topic index viii Using your BPP Learning Media Practice and Revision Kit ix Passing E1 Revising E1 xi Passing the E1 exam xii The exam paper xiv What the examiner means xix Planning your question practice BPP's question plan xx Build your own exams xxiii Questions and answers Questions 3 Answers 75 Exam practice Mock exam 1 • Questions 239 • Plan of attack 247 • Answers 249 Mock exam 2 (September 2013 resit exam) • Questions 261 • Plan of attack 269 • Answers 271 Mock exam 3 (November 2013 exam) • Questions 283 • Plan of attack 291 • Answers 293 Review form