Accountant CIMA-SCS : Strategic Case Study Exam

  • Exam Code: CIMA-SCS
  • Exam Name: Strategic Case Study Exam
  • Updated: Jul 24, 2026
  • Q & A: 175 Questions and Answers

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Accountant CIMA-SCS Exam Syllabus Topics:

SectionWeightObjectives
Evaluate and Mitigate Risk15–25%- Assess risk likelihood and impact
- Identify and categorise strategic, operational, financial and compliance risks
- Design and evaluate risk management frameworks and controls
- Recommend risk mitigation and response strategies
Develop Business Strategy15–25%- Evaluate internal and external environments
- Plan strategy implementation and governance
- Formulate strategic options and select appropriate strategies
- Analyse organisational mission, vision and objectives
Recommend Financing Strategies15–25%- Assess capital structure and cost of capital
- Evaluate funding requirements and sources
- Recommend dividend, investment and financing policies
- Evaluate mergers, acquisitions and divestment decisions
Recommend and Maintain Sound Control Environment15–25%- Ensure compliance with laws, regulations and standards
- Recommend assurance and reporting processes
- Design and assess internal control systems
- Evaluate governance structures and ethical frameworks
Evaluate Business Ecosystem and Environment15–25%- Assess impact of digital transformation and innovation
- Assess industry structure and competitive forces
- Analyse macro-environmental factors (political, economic, social, technological, legal, environmental)
- Evaluate stakeholder interests and influence

Accountant Strategic Case Study Sample Questions:

1. - Don't need to do background checks on IA
- External consultancy firm would be expensive
- IA department would be independent and won't allow bias
- Would know how the system works at Daistruk

A) Arguments for using internal audit department in fraud situations
B) Key reasons for separation of the roles of chairman and chief executive
C) Strengths of Daistruk corporate governance
D) Arguments AGAINST using internal audit department in fraud situations


2. - Responsibility of the board of directors, the executive directors, and the non-executive directors
- Board of directors is ultimately to blame if things go wrong in the organisation

A) Aim of integrity of data
B) Aim of Availability
C) Roles of the chairman
D) Governance definition


3. Chervil

A) Feathery shape with strong aroma
B) Feathery leaves may be curly or flat
C) Very small leaves
D) Similar to parsley


4. - Cost leadership = lowest cost possible
- Differentiation = USP
- Focus = Niche

A) Risks with inorganic growth
B) Porter's generic strategies
C) Cyber security security measures
D) Porter's value chain


5. - Organic growth
- Inorganic growth
- Joint development

A) Sources of reputational risk
B) Porter's generic strategies
C) Reputational Risk
D) Methods of growth


Solutions:

Question # 1
Answer: A
Question # 2
Answer: D
Question # 3
Answer: D
Question # 4
Answer: B
Question # 5
Answer: D

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