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CIMA Operational level Question Papers and Answers

by cakart


CIMA Operational level Question Papers and Answers

CIMA Operational level Question Papers and Answers – Revision is more than memorizing facts and going over notes. You can practice an exam by answering real questions from past papers. Here we are providing all past question paper and suggested answers for student reference.

CIMA Operational level Question Papers and Answers

Operational level is the first level of the CIMA Professional Qualification and consists of three subject areas.

  • CIMA Operational level E1 Organisational Management
  • CIMA Operational level P1 Management Accounting
  • CIMA Operational level F1 Financial Reporting and Taxation
  • CIMA Operational Level Integrated case Study

CIMA Operational level Question Papers and Answers | E1 Organisational Management

 CIMA Operational Level E1 question paper Nov 2014 Download
 CIMA Operational Level E1 Suggested answer Nov 2014 Download
 CIMA Operational level E1 suggested answer September 2014 Download
 CIMA Operational level E1 question paper May 2014 Download
 CIMA E1 Organisational management Practice Test Answers Download

CIMA Operational level Question Papers and Answers | P1 Management Accounting

 Exam P1 performance operations
 Nov 2014 Question paper Model Answer
 Sep 2014 Question paper Model Answer
 may 2014 Question paper Model Answer
 March 2014 Question paper Model Answer
 Nov 2013 Question paper Model Answer
 Sep 2013 Question paper Model Answer
 may 2013 Question paper Model Answer
 March 2013 Question paper Model Answer
 Nov 2012 Question paper Model Answer
 Sep 2012 Question paper Model Answer
 may 2012 Question paper Model Answer
 march 2012 Question paper

 Model Answer
 Nov 2011 Question paper Model Answer
 Sep 2011 Question paper Model Answer
 May 2011 Question paper Model Answer
 march 2011 Question paper Model Answer
 Nov 2010 Question paper Model Answer
 Sep 2010 Question paper Model Answer
 May 2010 Question paper Model Answer

CIMA Operational level Question Papers and Answers | F1 Financial Reporting and Taxation

 Exam F1 financial operations
 November 2014 Question paper Model Answer
 Sep 2014 Question paper Model Answer
 May 2014 Question paper Model Answer
 march 2014 Question paper Model Answer
 Nov 2013 Question paper Model Answer
 Sep 2013 Question paper Model Answer
 May 2013 Question paper Model Answer
 March 2013 Question paper Model Answer
 Nov 2012 Question paper Model Answer
 Sep 2012 Question paper Model Answer
 May 2012 Question paper Model Answer
 March 2012 Question paper Model Answer
 Nov 2011 Question paper Model Answer
 Sep 2011 Question paper Model Answer
 May 2011 Question paper Model Answer
 Nov 2010 Question paper Model Answer
 May 2010 Question paper Model Answer

CIMA Operational level Question Integrated case Study

The Case Study exam is essentially a virtual business role play. Therefore, students need to understand their role within the case study exam in order to produce a good answer, demonstrating knowledge and applying skills from across the syllabus.

The table below provides an overview of the role students are expected to take on at Operational Study exam, who they will be seeking to influence and examples of the syllabus area they may be tested upon.

ho are you?At Operational level, your role will be that of a Finance Officer.

Equivalent job titles in a real organisation might be:

  • Junior/Trainee accountant
  • Credit Controller
  • Assistant accountant
  • Cost accountant
What is the main focus of your role? Overall focus
Short termYou may be involved in

  • Costing
  • Preparing budgets
  • Advising on product mix or performance
  • Variance analysis
  • Working capital or cash management
  • Producing reports of performance against budget
  • Risk assessment in short term decision making.

You will need to understand

  • The role of finance within the wider organisation
  • Who the stakeholders are
  • The regulatory environment
  • How to communicate with non-financial staff.
Who is your audience/who are you seeking to influence?Your manager (Finance Manager/Finance Director), peers within the finance department and possibly in other departments; you may need to gather information from or present budget information to non-financial colleagues.
Examples of topic areas and tasks you may be asked to look at in the exam (based on Variant 1 of the Nov 2015 Management Case Study exam) Your roleYou are a newly appointed Finance Officer in a family run horticulture company. Your predecessor has begun to set up some budgets and costings but the finance and administrative processes in the company are unsophisticated and there is little automation.

The emphasis in the Operational Case Study exam is the Performance pillar and Technical skills but all subjects will be tested. During the exam you will need to demonstrate:

Technical skills
Planning and monitoring cash flows and the use of rolling budgets (F1 C3 and P1 B4)
Interpreting variances (P1 A1)
Treatment of R&D costs in financial statements (F1 B2)

Business skills
Show understanding of how the finance function benefits the business (E1 B2)

People skills
Explain why collaborative supply chains are useful to the business (E1 D1)

Leadership skills
Leadership skills only account for 6% at this level and no one will fail due to a lack of leadership skills in the OCS. However they are tested eg in the variance analysis task above, discussing how planning and operational variances benefit the business would have attracted leadership marks.

Competency weightings for your examCompetency Weighting is the basis of distribution of marks from various sections in the exam. You will have to obtain minimum threshold marks (approximately 1/3) for each competency (except for Leadership skills) along with a scaled score of 80 to pass the exam.

Technical skills – 64%
Business skills – 16%
People skills – 14%
Leadership skills – 6%

CIMA Operational level STUDY GUIDE

Best Recommended video lectures for Operational level subjects

Recommended Read :

CIMA Study material

CIMA Operational level Managing the finance function

CIMA Operational level Operations management

CIMA Operational level Marketing

CIMA Operational level F1 Financial reporting and taxation

CIMA Operational level Regulatory environment for financial reporting and corporate governance

CIMA Operational level Financial accounting and reporting

CIMA Operational level The fundamentals of business taxation

Details About CIMA Operational level case study

CIMA Operational level P1, F1 and E1 content

Complete collection of Cima P1 Practice Test Paper

CIMA Operational level Question Papers and Answers

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