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CIMA Managing Finance in a Digital World Sample Questions:

1. There are several inter-related activities thought critical in implementing internal marketing. Which THREE are valid?

A) Advertising
B) Internal communications
C) Social media
D) Competitor analysis
E) Internal customer segmentation
F) Regular customer surveys

2. Shortly after starting his new role within R, Q begins to suspect that the training opportunities he was offered at interview are unlikely to materialise. Upon discussing his concerns with his manager, Q is made to feel as though his expectations regarding training opportunities were unrealistic as everything included within his employment contract had been honoured. Which of the following applies to the above situation?

A) Breach of psychological contract
B) Breach of employment contract
C) Recruitment into the wrong role
D) Misunderstanding of the job description

3. P works within Company A as a legal advisor. She is also trained in Human Resources (HR) and the Managing Director has asked for her help in dealing with some disciplinary issues. This will involve her temporarily transferring away from her legal role. Which organisational form has the HR assistance taken?

A) Project based support
B) Virtual support
C) Outsourced support
D) Networked support

4. Level 2 of the contemporary shape of the finance function involves Strategic Business Partnering In this context strategic partners are

A) Project managers
B) Finance professionals
C) Senior management
D) Outsourced partners

5. During the past six months NVT has been undergoing a study, as part of a rationalisation programme to review the profitability of each of its retail stores.
As a result, 30 stores have been identified for closure T with a further 50 stores selected to receive an investment of funds in order to remain profitable going forward. Throughout this process NVTs finance function has worked alongside others in the organisation providing advice and guidance.
Which TWO of the following areas has the finance function most likely been involved with as part of the review?

A) Financial planning and analysis
B) Project Appraisal
C) Project Management
D) Taxation
E) Management accounting

Solutions: