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CIMA Managing Finance in a Digital World Sample Questions:

1. XY Company manufactures in a highly competitive environment and achieves competitive advantage by regularly monitoring all the activities in its value chain. Which of the following would be affected by problems in the outbound logistics function?

A) Increasing customer awareness
B) Distributing finished goods
C) Dealing with customer enquiries
D) Storing raw material

2. Which of the following is NOT a feature of a knowledge management system specific to a particular organisation?

A) A local area network
B) The internet
C) A wide area network
D) The intranet

3. Following scandals such as Enron and legislation such as Sarbannes-Oxley in the US, the emphasis of the finance function of many entities has changed. This has led to which of the following?

4. Strategic leadership by the finance function involves so-called level 1 activities.
These activities involve which of the following?

A) Providing further insights to better inform decision makers
B) Achieving the desired organisational impact
C) Communicating insights to influence users
D) Generating information for insight.

5. The coherent approach for organising, governing, analysing and deploying an organisations' information assets' Which of the following does the above statement describe?

A) Data Manipulation
B) Data Modelling
C) Data Strategy
D) Data Analysis

Solutions: