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CIMA Managing Finance in a Digital World Sample Questions:

1. Which of the following statements regarding shamrock organisations are true?
1:Shamrock organisations typically comprise four discrete components.
2:The core group of executives are often supported by external contractors and part-time staff.
3:One of the main characteristics of a shamrock organisation is its flexibility.

A) 1
B) 2
C) 1 + 2 + 3
D) 3
E) 1 + 3
F) 2 + 3
G) 1 + 2

2. Company V is, and has always been, very focused on the importance of stakeholders to the business.
As a well known and very popular private fee-paying school, Company V has to take on board advice, feedback, complaints and queries from a great many different stakeholders, all of which have to be prioritised according to their impact and power over the operations of the company.
Listed below are some of the stakeholders that Company V deal with on a daily basis. Categorise each of these stakeholders according to whether they are internal, connected or external stakeholders.

3. L and M are setting up a business offering guided hiking holidays in national parks throughout the world. The price of the holidays will include airfares and accommodation; their initial research shows that there will be a huge variability in the cost of both.
What type of pricing will be appropriate for their holidays?

A) Price discrimination
B) Skim pricing
C) Penetration pricing
D) Loss leader pricing

4. JKL is an online marketing agency and is currently developing its systems to improve efficiency in storing and retrieving data P works in the finance function and is currently assisting the development of a technical map of rules and data structures to enable the data to be stored effectively in JKL's new databases.
At what level of the data modelling process is P working on?

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

5. 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) Divisional
B) Geographical
C) Functional
D) Matrix

Solutions: