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CIMA Managing Finance in a Digital World Sample Questions:
1. Company Y is very bureaucratic. The managers attend high numbers of planning meetings and the employees often complain of being micro-managed. According to Hofstede, which dimension is being described within the culture of Company Y?
A) Uncertainty avoidance
B) Long-term orientation
C) Masculinity
D) Power distance
2. Kolb's learning cycle suggests that learning is a series of steps based on learning from experience.
Match the various stages of the cycle with the correct description.
3. Which of the following will mean a company has breached a General Data Protection Regulation (GDPR) principle'?
A) Data has been kept securely with restricted access
B) Data has been used fairly, lawfully and transparently
C) Data has been kept for longer than necessary
D) Data has been deleted after it is no longer required
4. Which of the following functions is associated with the operating core of an organisation?
A) Process standardisation
B) Catering services
C) Manufacturing and production
D) Strategy evaluation
5. Barry has heard that the government is planning to tighten environmental regulations. He doesn't like the sound of this, as even though some businesses won't be affected that much, he will have to end up paying a lot more to run his business.
Which of the following options would be most effective in preventing the government from imposing such regulation?
Select ALL that apply.
A) Try and set up meetings with high-ranking members of the government to persuade them to not impose the new regulation.
B) Make a large donation to the the main opposition party in the hope they'll put pressure on the governing party to not impose the new regulation.
C) Tell a member of the governing party that he has some unscrupulous information about the party that he'll leak to the press if they go ahead with their plans to impose new regulation.
D) Make a large donation to the party in power in the hope that they'll abandon their plans to impose new regulation.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: Only visible for members | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: A,D |






