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CIMA Managing Finance in a Digital World Sample Questions:

1. XY Company is a manufacturing company making a variety of products for sale in different markets. Which of the following is the most likely organisational structure that such a company will adopt?

A) Entrepreneurial structure
B) Functional structure
C) Divisional structure
D) Matrix structure

2. Finance business partners are seen as leaders that can influence the decisions that businesses make. Which of the following best describes their role in this process?

A) Providing preliminary insight
B) Executing strategies set by the CEO
C) Maximising value
D) Generating information

3. Which one of the following is NOT part of the role of Human Resource Management?

A) Recognising employees are motivated by consent and involvement.
B) Regarding the line manager's role as transactional with an emphasis on negotiation.
C) Being concerned with operational and strategic people issues.
D) Viewing employees as assets of the organisation.

4. It is important to assess the contribution made by the finance function. If a balanced scorecard approach is used, which of the following categories would utilise the measure of staff turnover?

A) Customer satisfaction
B) Learning and growth
C) Enhancement of internal processes
D) Financial

5. Which of the following are measures a business might introduce specifically as part of its Corporate Social Responsibility (CSR) strategy?
Select ALL that apply.

A) Reducing the range of different products it makes
B) Commissioning a report on carbon dioxide (CO2) emissions from its factories
C) Negotiating with a supplier to keep costs to a minimum
D) Using different waste bins for recycling and non-recycling

Solutions: