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CIMA Managing Finance in a Digital World Sample Questions:

1. Company E operates a management consultancy business with four international offices. All offices specialise in helping new businesses, with all support operations dealt with by headquarters.Which of the organisational structures below would best describe Company E.

A) Functional
B) Matrix
C) Divisional
D) Geographical

2. MN College (limited by guarantee) aims to ensure that each student achieves their qualification and gains employment. Which THREE of the following are suitable measures of performance for MN College?

A) Number of students
B) Efficiency
C) Effectiveness
D) Enhanced
E) Economic
F) Number of lecturers.

3. Which of the following are types of primary research? Select ALL that apply.

A) Governments
B) Websites
C) Interviews
D) Trade associations/professional bodies
E) Published company accounts
F) Censuses
G) Observation
H) Previously gathered marketing research
I) Test marketing
J) Market surveys produced by external researchers
K) Industry magazines
L) National and local press
M) Informal contacts
N) Books
O) Questionnaires
P) Public records

4. You need to select potential candidates for the role of an office manager in a very busy office. An assessment centre has been organised to overcome the shortcomings associated with other selection techniques. Which of the following activities would be most suitable to assess candidates for the role of Office Manager?

A) In-tray exercises
B) Self-appraisal
C) A presentation
D) A speech

5. JNN Company, an engineering business, is seeking a bank loan to invest in the product expansion of a new device which dramatically reduces pollution from road vehicles.
Sales have seen a rapid increase and other organisations have also developed similar products.
In order to successfully obtain the loan, the bank requires a report of quantitative information regarding the new device Which of the following is most likely to satisfy the bank's requirements to supply the required loan?

A) A numerical indication of the increase in sales and market share.
B) A chart indicating the rapid sales growth.
C) Employee survey results regarding new training requirements.
D) Customer survey results for the new device.

Solutions: