New Release E1 CIMA Operational Questions

Managing Finance in a Digital World Questions and Answers

Question 5

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.

Options:

Organisational structure

Organisational culture

Leadership of the organisation

The planning processes

The organisational targets

The budgeting processes

Question 6

Which of the following best describes the concept of corporate digital responsibility?

Options:

It is a voluntary commitment by organisations to go beyond compliance with technology and data legislation.

It is legislation which details principles about data such as only using it in a fair, lawful and transparent way.

It is the idea that organisations should be sensitive to all digital stakeholders.

It is a set of best practice guidelines that adhere to the spirit of the law in digital matters.

Question 7

With the use of increasingly sophisticated systems and improved communications, the focus of the accountant's role has changed in recent years to which of the following?

Options:

Business support

Variance reporting

Treasury management

Statutory reporting

Question 8

It is important to assess the contribution made by the finance function. If a balanced scorecard approach is used, which of the following categories would utilise the measure of staff turnover?

Options:

Customer satisfaction

Enhancement of internal processes

Financial

Learning and growth

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New Release E1 CIMA Operational Questions

Managing Finance in a Digital World Questions and Answers

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Answer:

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CompTIA

Fortinet

Microsoft

Salesforce