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CIMA Managing Finance in a Digital World Sample Questions:

1. Which of the following does NOT help to bring about operational improvement in the manufacturing process of an organisation?

A) Just-in-Time
B) Market research
C) Six Sigma
D) Kaizen

2. It can be said that ethics is a set of moral principles underpinning the concept of right and wrong. Whether an action is actually right or wrong depends on which of the following?
Select ALL that apply.

A) The key values associated with the action
B) The consequences of the action
C) The organisational policy
D) The government policy
E) The motivation for the action
F) The legality of the action

3. One of the finance function's main stakeholders provides feedback on customer responses and reviews about the organisation's products and services. Which of the following will provide this feedback?

A) Production function
B) Shareholders
C) Sales function
D) Human Resources

4. Which of the following is a disadvantage of outsourcing?

A) Outsourcing can remove uncertainty about cost.
B) It can save on costs by making use of a supplier's economies of scale.
C) Access to specialist knowledge is made possible.
D) Transaction costs will arise as a consequence of the outsourcing agreement.

5. Which of the following is NOT a form of viral marketing?

A) Video clips (including those taken on mobile phones)
B) Television advertisement
C) Email
D) Text message

Solutions: