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  • Exam Name: F3 Financial Strategy
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NEW QUESTION: 1
CORRECT TEXT
You have recorded a simulation using Flash. How should you edit the text in the captions?
A. Export the project to Captivate, edit the text and import it back to Flash.
B. Export the project to Captivate, edit the text and import it back to Flash.
C. Go to Library, locate the caption and edit the text.
D. On the timeline, locate the text caption, double-click and edit the text.
Answer: B

NEW QUESTION: 2
'Public sector organizations are often judged by their economy, efficiency and effectiveness. Consequently, they should use an approach to budgeting other than incremental budgeting.' Required:
Explain ONE advantage and TWO disadvantages of public sector organizations using incremental budgeting.
Select all true statements.
A. The incremental approach means that budget holders in public sector organizations will be encouraged to use up this year's budget will be as high as possible.
B. The main advantage of incremental budgeting is that the cost of past activities becomes fixed and any inefficiencies or wastage is perpetuated.
C. Public sector organizations tend to be fairly complex and in many cases outputs cannot be measured in monetary terms therefore the link between inputs and outputs is difficult to establish. An incremental approach can therefore provide a cost effective approach to budgeting.
D. An incremental; approach is not as easy and fast to implement than other forms of budgeting approaches e.g. zero based budgeting.
E. Under an incremental approach to budgeting, existing operations and the current budgeted allowance for these existing activities are taken as the base level for preparing the budget.
F. The incremental approach encourages managers in public sector organizations to look at the efficiency and effectiveness of activities undertaken.
Answer: A,C,E
Explanation:
Explanation/Reference: https://www.vrelearnonline.com/cima-p1-104-18/

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A customer wants to expand an existing 3PAR array with additional drives The array Is sending remote support data, but Is not configured In HPE InfoSlght Which tool should you use to examine the current array configuration to make balanced dnve expansion recommendations to your customer?
A. HPE 3PAR STaTs
B. HPE 3PAR SSMC
C. HPE NinjaSTARS
D. HPE Storage Sizer
Answer: C

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