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CIMA Managing Finance in a Digital World Sample Questions:

1. Which of the following is one of the five key areas of an effective approach to corporate digital responsibility (CDS)?

A) Digital protection
B) Digital mindset
C) Digital stewardship
D Digital sustainability

2. At his recent appraisal CD discussed his development needs with PQ, his line manager. In particular CD has said that he would like the opportunity to take on more responsibility. Which of the following job design techniques could PQ use to support CD's development?.

A) Job significance
B) Job enrichment
C) Job enlargement
D) Job rotation

3. Company O has appointed a new CEO who is well known in the industry for making radical changes within the companies that she works for. After her first 9 months in the role, she announced some changes that she wanted to make, starting with the Finance Department. She stressed an intention to focus inwards on improvements to efficiencies and that she was not afraid to make fundamental changes if this is what is required to achieve those improvements. Which of the following is described above?

A) Segregation of the finance function
B) Reconfiguration to market oriented.
C) Relocation of production
D) Business Process Re-engineering

4. Which of the following are advantages of a virtual team?
Select ALL that apply.

A) Members do not feel isolated.
B) New members can be brought in and out of the team easily.
C) It is easier to establish decision making processes.
D) The costs of a central office are not needed.

5. E's manager is concerned about bullying in the organisation and has asked E to report on the situation.
As a result, E has carried out the following work;
* Collected data of the numbers of complaints made
* Produced a bar chart based on incidences in different departments
* Interviewed a sample of employees
* Calculated the cost of employees being away from work sick due to bullying Which of the pieces of work that E has carried out is qualitative analysis?

A) Collecting data of complaints
B) Calculating a financial cost
C) Interviewing a sample of employees.
D) Producing a bar chart of incidences.

Solutions: