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CIMA Managing Finance in a Digital World Sample Questions:

1. Candidate testing often forms part of the selection process. XYZ is currently looking to recruit a Financial Analyst possessing advanced spreadsheet skills. You have been asked to devise a suitable selection test. Which of the following tests would be the most suitable?

A) Numeracy and literacy test
B) Specific ability test
C) Cognitive test
D) Personality test

2. You work for a pharmaceutical company and during any one year cames out a range of different activities and projects. Which of the following sets of activities can be said to be connecting influence to impact?

A) Recommending that a low cost local supplier should be used
B) Analysing data re supplier locations and costs
C) Conducting market research on different suppliers and costs
D) Analysing the supply chain of a range of vaccines currently produced

3. F manages a portfolio of clients, as do his colleagues. All income that is earned by them is pooled to cover costs and overheads and any remaining profits are split according to an agreed formula. F and his colleagues have joint and several liability in relation to the work they carry out on the organisation's behalf.
Which of the organisation types listed below best describes the organisation that F works for?

A) Partnership
B) Multinational
C) Company
D) Sole-trader

4. Which of the following technologies is described as a decentralised, distributed and public digital ledger that is used to record transactions across many computers?

A) Data analytics
B) Big Data
C) Cloud Computing
D) Blockchain

5. The growth and success of virtual teams have been a result of which THREE developments becoming available to organisations?

A) Efficient broadband connections
B) Electronic information sharing
C) Safe transfer of funds electronically
D) Accurate systems of inventory management
E) Remote on-line meetings
F) Computer-aided design processes

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