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CIMA Managing Finance in a Digital World Sample Questions:

1. TJD is a national retailer of garden accessories and a FTSE 350 company It is currently establishing a remuneration committee According to the UK Corporate Governance Code what is the minimum number of non-executive directors TJD's remuneration committee should be made up of?

A) At least 7
B) At least 5
C) least 3
D) At least 2

2. T is the head of the marketing department in company Z. There have been several new recruits into the department recently and T is introducing them to the marketing mix. T explains that the original marketing mix had only 4 Ps. However, this was focused primarily around the manufacturing industry. The mix was later extended to include an extra 3 Ps for use in the service industry. Which THREE of the following are the extra
3 Ps?

A) People
B) Price
C) Processes
D) Place
E) Physical evidence
F) Promotion

3. In preparation for GD Company's annual people resourcing meeting, PR is creating the HR Plan for the Finance Directorate. He is currently collecting information for the second stage of the plan i.e. Internal Analysis. Which THREE of the following will PR need information about for this stage?

A) Levels of absenteeism
B) Staff potential
C) Turnover of staff
D) Identification of excess staff
E) Population trends
F) Identification of shortages of staff

4. Which THREE operations management issues are associated with the primary activity of inbound logistics?

A) Economic storage of raw materials
B) Effective quality control procedures
C) Efficient distribution of raw materials from warehouses to factory floor
D) Efficiency of facilities, plant and machinery
E) Effective systems for inventory record keeping
F) Production engineering capacity

5. AB Company is considering a recruitment campaign to provide extra senior marketing staff for a new product launch. AB produces specialist industrial cleaning products and has a well developed marketing function. Which of the following will be an effective alternative to a recruitment campaign?

A) Secondment of staff from other departments
B) Use of agency staff
C) Job rotation within the organisation
D) Promotion of existing staff in the department

Solutions: