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CIMA Managing Finance in a Digital World Sample Questions:

1. Which TWO of the following are activities associated with setting up a new IT system?

A) Testing
B) Service support
C) Design and development
D) Database management

2. Human Resource Management (HRM) and Personnel are different.
Which of the following is NOT a characteristic of Human Resource Management (HRM)?

A) HRM focuses on facilitation rather than negotiation.
B) HRM relies on a modern, transactional approach.
C) HRM views employees as assets.
D) HRM addresses both operational and strategic matters.

3. Which of the following is associated with the control aspect of the finance function?

A) Amendment of original budgets
B) Investment decisions
C) Strategy formulation
D) Pricing decisions

4. 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) Human Resources
B) Production function
C) Sales function
D) Shareholders

5. Which of the following best outlines the shift to higher level' skills anticipated to be fundamental to future accountants'?

A) The ability to balance ledger accounts
B) The ability to collect and process data
C) The ability to produce an extended trial balance
D) The ability to evaluate data sources.

Solutions: