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CIMA Managing Finance in a Digital World Sample Questions:

1. DTR is a publishing company specialising in the production of technical journals and product specifications Because of the volumes of information required to run the business effectively, the finance function of the company is considering migrating to cloud based technologies.
Which of the following is most likely to be a benefit of such a move for the company?

A) Improved version control
B) Established work patterns
C) Access to stand alone systems
D) Periodic system updates

2. A main stakeholder of the finance function would typically provide feedback on the clarity and value of information used: in order to make better strategic decisions.
Which of the following would give this feedback?

A) Shareholders
B) Human Resources
C) Directors
D) Production

3. Which of the following is a feature associated with personnel management rather than the more modern concept of human resource management?

A) Employees are motivated by consent
B) There is an emphasis on facilitation
C) Employees are seen as assets
D) The line manager's role is seen as transactional

4. Which type of organisation is owned by its customers, strictly speaking is a not-for-profit organisation and is in the private sector?

A) Mutual organisation
B) Charity
C) Sole trader
D) Partnership

5. Capturing and utilising big data is now a key element of many organisations' value adding process. Which of the following best describes the attribute of big data velocity*?

A) The capability to process internal and external data
B) The capability to swiftly capture and process data in real time
C) The capability to validate data to tolerable levels
D) The capacity to process large quantities of data

Solutions: