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CIMA Managing Finance in a Digital World Sample Questions:

1. Introducing The Finance Function of PRS Company have been working with the Human enable which of the following business advantages'?

A) An increase in competences
B) An increase in training
C) An increase in relationship management
D) An increase in value adding activities

2. Which of the following is the main reason for the growing demand for Big Data by organisations?

A) Allowing remote working
B) Gaining a competitive advantage
C) Improving privacy and security
D) Improving supplier relationships

3. The growth and success of virtual teams have been a result of which THREE developments becoming available to organisations?

A) Electronic information sharing
B) Safe transfer of funds electronically
C) Accurate systems of inventory management
D) Remote on-line meetings
E) Computer-aided design processes
F) Efficient broadband connections

4. Which of the following is an advantage of a functional organisational structure?

A) The structure is easily adapted for further diversification.
B) It encourages teamwork and the exchange of opinions and expertise.
C) The owner has a greater level of control over the workforce and all decisions.
D) There is a clear career path for employees to work their way up through.

5. Which of the following is a potential advantage of outsourcing?

A) Reduced transaction costs
B) Reduced capital expenditure
C) Finality of decision
D) Reduced core competencies

Solutions: