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CIMA Managing Finance in a Digital World Sample Questions:
1. Having the right assets and making the best use of them is crucial if an organisation is to achieve its strategies on a sustainable basis. Which of the following best describes the row of the finance function in relation to an organisation's assets?
A) Collating and providing information to enable efficient asset management
B) Setting asset lifetimes that are in keeping with shareholders' requirements.
C) Deciding on which new machinery to buy for the production facility.
D) Ensuring that assets are used to their optimum capacity on an on-going basis.
2. Which of the following provides the best description of an intranet?
A) Employees use networked computers to access information held on a server.
B) A worldwide network of computers.
C) Authorised outsiders use networked computers to access information held on a server.
D) A collection of data organised to service many applications providing access to a wide variety of users.
3. HKD is an online marketing company Its finance function is currently preparing budgets for the coming period.
At which stage of value creation is HKD's finance function currently playing a key role?
A) Narrates
B) Enables
C) Dictates
D) Shapes
4. Company A works closely with its customers, suppliers and other business partners. It securely shares part of its private network with this group of stakeholders Which of the following best describes the type of network that Company A operates?
A) An internet
B) An extranet
C) A database
D) An intranet
5. Which of the following effects on tax is a benefit of the implementation of Corporate Social Responsibility (CSR) strategies?
A) Reduction in corporation tax
B) Reduction in value added tax
C) Reduction in environmental taxes
D) Reduction in income tax
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: A | Question # 3 Answer: D | Question # 4 Answer: B | Question # 5 Answer: C |
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