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CIMA Managing Finance in a Digital World Sample Questions:

1. Company E operates a management consultancy business with four international offices. All offices specialise in helping new businesses, with all support operations dealt with by headquarters.Which of the organisational structures below would best describe Company E.

A) Matrix
B) Divisional
C) Functional
D) Geographical

2. Which of the following provides the best description of an intranet?

A) A collection of data organised to service many applications providing access to a wide variety of users.
B) A worldwide network of computers.
C) Authorised outsiders use networked computers to access information held on a server.
D) Employees use networked computers to access information held on a server.

3. RT Company produces sub components for the vehicle industry Worldwide changes in government regulation and social attitudes mean that there is an increasing pace of demand for hybrid and electric vehicles B is the long serving finance manager of RT Company. Using various data and information provided by the finance function staff, and experience built up over many years. B is considering how new challenges might be overcome and how opportunities might be maximised by the company In the context of the information to impact framework, which of the following best describes B's overall contribution to the anticipated changes'?

A) Assembling
B) Acumen
C) Applying
D) Analysing

4. Which TWO of the following key business areas can a standard cost record assist with?

A) Inventory level
B) Receivables collection
C) Break-even analysis
D) Pricing decisions

5. Which of the following is a possible disadvantage associated with a matrix structure?

A) Exchange of opinions is facilitated
B) Dilution of functional authority
C) Customer orientation is emphasised
D) Flexibility is encouraged

Solutions: