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CIMA Managing Finance in a Digital World Sample Questions:
1. Kolb's learning cycle suggests that learning is a series of steps based on learning from experience.
Match the various stages of the cycle with the correct description.
2. Which TWO of the following are important aspects of the product in the marketing mix?
A) Warranties
B) Sponsorship
C) Advertising
D) Brand image
E) Distribution
3. Which of the following effects on tax is a benefit of the implementation of Corporate Social Responsibility (CSR) strategies?
A) Reduction in income tax
B) Reduction in corporation tax
C) Reduction in value added tax
D) Reduction in environmental taxes
4. Which TWO of the following key business areas can a standard cost record assist with?
A) Break-even analysis
B) Inventory level
C) Receivables collection
D) Pricing decisions
5. 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) Divisional structure
B) Functional structure
C) Matrix structure
D) Entrepreneurial structure
Solutions:
| Question # 1 Answer: Only visible for members | Question # 2 Answer: A,D | Question # 3 Answer: D | Question # 4 Answer: A,D | Question # 5 Answer: A |
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