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CIMA Managing Finance in a Digital World Sample Questions:

1. More and more organisations are developing their supply chain networks by building closer links with suppliers. Which THREE of the following are considered to be features of this trend?

A) Price and inventory co-ordination
B) Early supplier involvement
C) Computer systems linked to customers
D) Supplier representative on site
E) In-house resolution of design problems

2. Which of the following is an example of operational information?

A) Productivity measures
B) Sales analysis
C) Inventory values
D) Payroll details

3. TTT plc has recently been responsible for a major environmental accident. As a result the management of the company wishes to set up a large fund to compensate stakeholders affected. The company has a significant number of institutional shareholders which own a large share of the company, as well as many individual investors.
The management is considering Mendelow's Matrix to determine the likely movement of the institutional shareholders during the change in strategy. What is the institutional shareholders' likely movement according to Mendelow?

A) From 'Keep satisfied' to 'Keep informed'
B) From 'Minimal effort' to 'Keep informed'
C) From 'Keep informed' to 'Keep satisfied'
D) From 'Keep satisfied' to 'Key players'

4. Which of the following is a feature of an organisation that has adopted a sales orientation?

A) Selling in the right place
B) Persuasive promotional policies
C) Selling at the right price.
D) Producing the right product

5. Material requirements planning (MRP I) and manufacturing resource planning (MRP II) are computerised systems used for planning the requirements for raw materials, work-in-progress and finished items and integrating with other production processes. These systems enable strong relationships to be forged with suppliers as orders can be placed with suppliers in good time to fulfill customer requirements and expectations, as well as other processes related to materials planning. Which of the following specifically can MRP I and MRP II NOT assist with?

A) Financial requirements planning
B) Decision support planning
C) Labour schedule planning
D) Equipment utilisation planning

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