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CIMA Managing Finance in a Digital World Sample Questions:
1. When considering companies which focus on more than just commercial issues, which TWO of the following would be associated as a key element of a corporate social responsibility (CSR) strategy?
A) Profitability
B) Share price
C) Ethical
D) Sales volume
E) Community
2. Which one of the following structures primarily suits a nationwide business with three product lines; for example, soup, condiments and baby food?
A) Geographical
B) Matrix
C) Divisional
D) Functional
3. Company V has traditionally sold children's toys from retail outlets. It is now exploring online retailing, or e-commerce, to expand its customer base. Which channel of distribution is Company V expanding into?
A) Level two channel
B) Multiple level channel
C) Level zero channel
D) Level one channel
4. Which of the following are advantages of a virtual team?
Select ALL that apply.
A) Members do not feel isolated.
B) It is easier to establish decision making processes.
C) New members can be brought in and out of the team easily.
D) The costs of a central office are not needed.
5. Which TWO of the following key business areas can a standard cost record assist with?
A) Pricing decisions
B) Receivables collection
C) Break-even analysis
D) Inventory level
Solutions:
| Question # 1 Answer: C,E | Question # 2 Answer: C | Question # 3 Answer: C | Question # 4 Answer: C,D | Question # 5 Answer: A,C |






