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CIMA Managing Finance in a Digital World Sample Questions:

1. Mr W wants to replace the family car. The cost of repair is becoming prohibitive so he has agreed with his wife to buy a new vehicle.
Put the tokens below in the correct order to demonstrate the stages in the buying process, according to Lancaster and Withey.

2. XYZ company is a large public limited company, registered in the UK and required to be externally audited Who is responsible for appointing the external auditors?

A) Executive directors
B) Shareholders
C) Non-executive directors
D) Board of directors

3. An employee feels forced to resign due to their employer allowing them to be bullied. Which type of dismissal is this an example of?

A) Constructive
B) Wrongful
C) Unfair
D) Arbitrary

4. There are many stakeholders who have an interest in an organisation.
Which TWO of the following are connected stakeholders?

A) Government
B) Shareholder
C) Employee
D) Trade union
E) Customer

5. Which of the following best describes a virtual team formed by individuals from different companies to achieve a common aim?

A) Inter-organisation
B) Functional
C) Matrix-structure organisation
D) Extended supply chain

Solutions: