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CIMA Managing Finance in a Digital World Sample Questions:

1. Which of the following is an example of operational information?

A) Payroll details
B) Productivity measures
C) Inventory values
D) Sales analysis

2. 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) Transactions are recorded by a sole participant
B) Records can be easily changed and amended
C) It will be easy to understand and work with.
D) Costs of maintaining and reconciling ledgers can be reduced

3. Which of the following is important when considering the 'Promotion' element of the marketing mix?

A) Public relations
B) Distribution channels
C) Packaging
D) After sales service

4. Company Q has several layers of management. The Chief Executive Officer (CEO) wishes to remove some of these layers to streamline the organisation and increase efficiencies. The initial plan is for third party contractors to take over support activities. What change in the organisation is the CEO making?

A) Horizontal expansion
B) Vertical expansion
C) Alliance agreement
D) Outsourcing

5. Capturing and utilising big data is now a key element of many organisations' value adding process. Which of the following best describes the attribute of big data velocity*?

A) The capability to validate data to tolerable levels
B) The capacity to process large quantities of data
C) The capability to process internal and external data
D) The capability to swiftly capture and process data in real time

Solutions: