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CIMA Managing Finance in a Digital World Sample Questions:

1. The Sales Manager has called his usual monthly meeting with his sales team and presented the monthly sales budget broken down into weekly targets for each member of the team. What type of planning is this?

A) Tactical
B) Operational
C) Strategic
D) Intermittent

2. Which of the following can facilitate innovation within an organisation?
Select ALL that apply.

A) The communications system
B) A formal structure
C) A blame culture
D) The leadership style

3. AcrossThePond is a ferry company that has just slashed their prices for trips scheduled to Europe between August and November - they are now almost half as cheap!
Why would AcrossThePond do this?
Select ALL that apply.

A) So that they can increase demand to match supply.
B) So that they can increase consumer awareness of their summer services.
C) So that they can fully utilise their production capacity.
D) To increase their revenues.
E) So that they can can better manage their supply.

4. The development of technical maps of rules and data structures would be part of which level of a data modelling process?

A) Logical
B) Visualisation
C) Conceptual
D) Physical

5. Capturing and utilising big data is now a key element of many organisations' value adding process. Which of the following best describes the attribute of big data velocity*?

A) The capability to validate data to tolerable levels
B) The capability to process internal and external data
C) The capacity to process large quantities of data
D) The capability to swiftly capture and process data in real time

Solutions: