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CIMA Managing Finance in a Digital World Sample Questions:

1. YKF is a manufacturer of candles with world-wide operations.
The finance department within YKF has recently adopted the use of accounting systems that are hosted and operated by an external provider, instead of being in-house.
The technology allows different users to access elements of the accounting software, regardless of location, through either an internet browser or an app on their mobile device What technology has YKF adopted to make its accounting software more flexible?

A) Cloud computing
B) Internet of things
C) Data Analytics
D) Blockchain

2. E's manager is concerned about bullying in the organisation and has asked E to report on the situation.
As a result, E has carried out the following work;
* Collected data of the numbers of complaints made
* Produced a bar chart based on incidences in different departments
* Interviewed a sample of employees
* Calculated the cost of employees being away from work sick due to bullying Which of the pieces of work that E has carried out is qualitative analysis?

A) Collecting data of complaints
B) Calculating a financial cost
C) Producing a bar chart of incidences.
D) Interviewing a sample of employees.

3. Which of the following do working capital reports include?

A) Performance reports
B) Cash reports
C) Budgets
D) Cost of sales

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

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

5. Y Company is an online retailer of sportswear. It has software that monitors customers' search history.
On a weekly basis, the software automatically generates emails that are sent to specific customers offering special offers based on the items that the customer searched for, but didn't purchase, during the previous week.
Which of the following areas of marketing is this process assisting?

A) Segmentation
B) Targeting
C) Pricing
D) Place

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