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CIMA Managing Finance in a Digital World Sample Questions:

1. JKL is a rapidly growing supermarket chain and is considering merging with a smaller competitor to continue its expansion plans T works within the finance department and is assisting in the decision making process by preparing summary reports concerning the merger.
What level of decision making is T supporting?

A) Tactical
B) Operational
C) Strategic
D) Transactional

2. Mitch owns a small furniture business, which he is keen to grow.
Which of the following would MOST benefit the growth of Mitch's business:

A) Reducing the price of all products by a third.
B) Becoming a shamrock organisation.
C) Outsourcing all complementary and residual competencies.
D) Forming an alliance with a local supplier.
E) Becoming a network organisation.

3. Which TWO of the following are examples of a knowledge work system?

A) Computer Aided Manufacturing (CAM)
B) Computer Aided Design (CAD)
C) Materials Resource Planning (MRP)
D) Transaction Processing System (TPS)

4. TRA is a multinational company which generates large quantities of data across its various operating divisions, from which it produces a range of management reports.
Which technological benefit of artificial intelligence is most likely to be of use to the company?

A) Good at automating complex activities of the company.
B) Good at teaming and interpreting differences in outcomes
C) Good at consolidating multiple systems in the company
D) Good at repetitive data entry tasks required

5. A PESTEL analysis (political, economic, social, technological, ecological and legal) is used by marketing to monitor its macro environment. Select THREE examples of economic factors

A) New ways of distribution
B) Interest rates
C) The introduction of new legislation relating to business tax
D) Consumers' propensity to save
E) Social mobility
F) The rate of inflation

Solutions: