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CIMA Managing Finance in a Digital World Sample Questions:

1. Which THREE of the following describe the role process maps can play in an organisation?

A) Providing an overview of product flows across supply chains and networks
B) Providing an understanding of how the physical and thinking environment can be improved
C) Providing a plan-do-check-act operating sequence
D) Acting as a trigger for process redesign and simplification
E) Providing an understanding of how particular jobs and functions fit into an entire process
F) Offering a framework to analyse cause and effect in problem solving

2. XY is a small software development company. Which of the following are most likely to assist the organisation in facilitating innovation?
Select ALL that apply.

A) Organisational structure
B) The budgeting processes
C) The organisational targets
D) Organisational culture
E) The planning processes
F) Leadership of the organisation

3. Which of the following are advantages of a virtual team?
Select ALL that apply.

A) The costs of a central office are not needed.
B) Members do not feel isolated.
C) It is easier to establish decision making processes.
D) New members can be brought in and out of the team easily.

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

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

5. For a business to successfully use big data in its organisation, the development of a digital mindset needs to be in-line with which of the following?

A) Data Strategy
B) Data Manipulation
C) Data Scientists
D) Data Visualisation

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