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CIMA Managing Finance in a Digital World Sample Questions:
1. The finance function of Company E are considering using blockchain technology for its ledger systems Which of the following will be an advantage of introducing this technology?
A) It will be easy to understand and work with.
B) Transactions are recorded by a sole participant
C) Costs of maintaining and reconciling ledgers can be reduced
D) Records can be easily changed and amended
2. Which of the following statements best describes quantitative information?
A) Information that is derived from case studies.
B) Information that is often in the form of opinions
C) Information that comes from data normally expressed as numbers.
D) Information that is difficult to record and process.
3. Which of the following would be within the role of an operational line manager?
Select ALL that apply.
A) Conducting appraisals with staff
B) Deciding on strategic objectives
C) Interviewing potential new recruits
D) Carrying out psychometric testing
4. There are four stages of development of supply chain management, according to Reck and Long's strategic positioning tool. Which stage of this model does the following description identify?
Emphasis is on better co-ordination between departments and suppliers involving timely communication about changes in price and availability of materials.
A) The integrative stage
B) The passive stage
C) The supportive stage
D) The independent stage
5. Clear career progression is an advantage of which type of organisational structure?
A) Project based
B) Functional
C) Matrix
D) Multi-divisional
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: C | Question # 3 Answer: A,C | Question # 4 Answer: C | Question # 5 Answer: B |


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