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CIMA Operational Managing Finance in a Digital World

Managing Finance in a Digital World

Last Update Apr 25, 2025
Total Questions : 336

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Questions 2

Information relating to production, accounting records and payroll are most likely to be used by which of the following stakeholders?

Options:

A.  

Key stakeholders

B.  

Connected stakeholders

C.  

External stakeholders

D.  

Internal stakeholders

Discussion 0
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Questions 3

A company is expanding its baby clothing product range to include all items for infants, for example feeding and bathing equipment. As this is a new venture for the company, the Board of Directors has agreed that market research is a necessary exercise, but it is undecided as to which is the most efficient and effective method. Which of the following methods of research would be most appropriate?

Options:

A.  

Questionnaires

B.  

Focus groups

C.  

Experimentation

D.  

Interviews

Discussion 0
Questions 4

Which of the following best defines Business Process Re-engineering (BPR)?

Options:

A.  

BPR involves fundamental changes in the way the organisation operates.

B.  

BPR is the continuous examination and improvement of processes.

C.  

BPR is based on the idea that 80% of an outcome is dependant on only 20% of the inputs.

D.  

The main aim of BPR is to save costs.

Discussion 0
Questions 5

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:

A.  

Business support

B.  

Variance reporting

C.  

Treasury management

D.  

Statutory reporting

Discussion 0
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