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CIMA Managing Finance in a Digital World Sample Questions:

1. An effective induction programme will typically focus on which THREE of the following?

A) Personal health issues
B) Organisation structure, charts and reporting lines
C) Hobbies and interests
D) Family connections with the business
E) Financial issues including salary payment dates and expense procedures
F) Culture and values, including ethical issues

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

3. Company E operates a management consultancy business with four international offices. All offices specialise in helping new businesses, with all support operations dealt with by headquarters.Which of the organisational structures below would best describe Company E.

A) Matrix
B) Divisional
C) Functional
D) Geographical

4. Mita has set up a number of food shops and spends a lot of her time finding suitable staff Her key strength is going to farmers' wholesale markets and selecting her suppliers She also carries out all the accounting functions and maintains the shops by acting as her own caretaker, carrying out repairs and maintenance at the weekends Which aspect of the work would Mita be LEAST LIKELY to outsource?

A) Human resources
B) Accounting
C) Repairs and maintenance
D) Sourcing the suppliers

5. In preparation for GD Company's annual people resourcing meeting, PR is creating the HR Plan for the Finance Directorate. He is currently collecting information for the second stage of the plan i.e. Internal Analysis. Which THREE of the following will PR need information about for this stage?

A) Levels of absenteeism
B) Identification of excess staff
C) Turnover of staff
D) Identification of shortages of staff
E) Population trends
F) Staff potential

Solutions: