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CIMA Managing Finance in a Digital World Sample Questions:

1. Mita has set up a number of food shops and spends a lot of her time finding suitable staff Her key strength is going to farmers' wholesale markets and selecting her suppliers She also carries out all the accounting functions and maintains the shops by acting as her own caretaker, carrying out repairs and maintenance at the weekends Which aspect of the work would Mita be LEAST LIKELY to outsource?

A) Accounting
B) Sourcing the suppliers
C) Human resources
D) Repairs and maintenance

2. Which of the following is associated with the control activity of the finance function?

A) Setting product prices
B) Preparing statutory reports
C) Advising on Investment funding
D) Amending original budgets

3. XY is a small software development company. Which of the following are most likely to assist the organisation in facilitating innovation?
Select ALL that apply.

A) Organisational structure
B) The budgeting processes
C) The planning processes
D) Leadership of the organisation
E) The organisational targets
F) Organisational culture

4. Which of the following are types of connected stakeholders? Select ALL that apply.

A) Shareholders
B) Banks
C) Suppliers
D) Government
E) Customers
F) Pressure groups
G) Board members
H) Managers
I) Employees
J) Communities

5. DnD1_0151-R2-D: Match each of the ethical principles with the correct brief scenario.

Solutions: