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CIMA Managing Finance in a Digital World Sample Questions:

1. An organisation has grown in size over the last 6 months and it wishes to improve communication with its employees. Examples of information to share include company policies, human resource information and notices to employees.
Which type of system should the company adopt?

A) Intranet
B) Video conferencing
C) Internet
D) Extranet

2. Cyber and physical systems becoming increasingly autonomous is part of which characteristic of the 4th industrial revolution?

A) Artificial intelligence
B) Employment
C) Fusion
D) Machine-led manufacturing

3. Capturing and utilising big data is now a key element of many organisations' value adding process. Which of the following best describes the attribute of big data velocity*?

A) The capability to process internal and external data
B) The capacity to process large quantities of data
C) The capability to validate data to tolerable levels
D) The capability to swiftly capture and process data in real time

4. Which of the following is an example of operational information?

A) Productivity measures
B) Sales analysis
C) Inventory values
D) Payroll details

5. Arrange the stages of the product life-cycle in the correct order.

Solutions: