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CIMA Managing Finance in a Digital World Sample Questions:

1. Which of the following is a benefit to the employer of remote working?

A) Ease of balancing work/life commitments
B) Reduced cost of commuting
C) Increased employee motivation
D) Privacy to the individual

2. AB Company is planning to implement a new IT system. The existing system runs all of the financial ledgers and is key to the running of the whole organisation. Which of the following will NOT be a suitable method for the changover of the system?

A) Direct changeover
B) Pilot changeover
C) Parallel changeover
D) Phased changeover

3. Which of the following are types of connected stakeholders? Select ALL that apply.

A) Customers
B) Managers
C) Pressure groups
D) Government
E) Suppliers
F) Banks
G) Employees
H) Shareholders
I) Board members
J) Communities

4. A company is charging a high price for a product to individuals who are prepared to pay a premium for a new, innovative product Whilst doing this they are facing high marketing costs Which stage of the product lifecycle is this product at?

A) Maturity
B) Introduction
C) Growth
D) Shakeout

5. Clear career promotion and progression ladders are most obvious under which type of organisational structure?

A) Horizontal
B) Virtual
C) Networked
D) Vertical

Solutions: