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CIMA Managing Finance in a Digital World Sample Questions:

1. Unclear cost and profit responsibilities can be a feature of which type of organisational structure?

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

2. Barry has heard that the government is planning to tighten environmental regulations. He doesn't like the sound of this, as even though some businesses won't be affected that much, he will have to end up paying a lot more to run his business.
Which of the following options would be most effective in preventing the government from imposing such regulation?
Select ALL that apply.

A) Make a large donation to the party in power in the hope that they'll abandon their plans to impose new regulation.
B) Try and set up meetings with high-ranking members of the government to persuade them to not impose the new regulation.
C) Make a large donation to the the main opposition party in the hope they'll put pressure on the governing party to not impose the new regulation.
D) Tell a member of the governing party that he has some unscrupulous information about the party that he'll leak to the press if they go ahead with their plans to impose new regulation.

3. A high volume operation is likely to be characterised by which of the following?

A) High labour pay rates
B) High cost inputs
C) High capital intensity
D) High labour flexibility

4. K manages the finance function of a cable manufacturing business In order to cope with an increasingly diverse workload K needs human resources to recruit someone with a digital mindset Which THREE of the following individual charactenstics should K emphasise to human resources as important in finding the right candidate?

A) A 'photographic' memory
B) A compliant personality
C) A visionary leader
D) Adopting a 'helicopter view'
E) An open-minded outlook

5. Cardboard box manufacturer Smurfat are giving their new employees an induction into the company's strategy.
They see this as a crucial stage of the induction process and have asked Terrance, the communications director, to take new employees through the strategy.
Which of the following should Terrance communicate to his new employees during their induction?
Select ALL that apply.

A) Give new employees an idea of the work culture at Smurfat.
B) Make Smurfat's disciplinary rules clear for the new employees.
C) Explain what care and support Smurfat offers to new staff.
D) Talk through the overall structure of the Smurfat.
E) Explain the goals and motives of the Smurfat.

Solutions: