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CIMA Managing Finance in a Digital World Sample Questions:

1. Human Resource Management (HRM) and Personnel are different.
Which of the following is NOT a characteristic of Human Resource Management (HRM)?

A) HRM views employees as assets.
B) HRM relies on a modern, transactional approach.
C) HRM addresses both operational and strategic matters.
D) HRM focuses on facilitation rather than negotiation.

2. Data profiling forms an essential element of the extraction transformation and loading process. Which of the following best describes data profiling?

A) Data being processed into the destination database ready for use
B) The process of harvesting data from source databases and locations
C) Examining the data to understand its content formats and structure.
D) Storing data in a systematic and logical way ready for further interrogation.

3. Company V has made the decision to operate using Six Sigma in order to manage the supply chain within the production process. What process below is the method used to continually monitor and chart a process while it is operating?

A) Reverse logistics
B) Material requirements planning
C) Statistical process control
D) Lean thinking

4. Which of the following are advantages of a virtual team?
Select ALL that apply.

A) It is easier to establish decision making processes.
B) New members can be brought in and out of the team easily.
C) The costs of a central office are not needed.
D) Members do not feel isolated.

5. An organisation owned by its customers, generally not-for-profit and in the private sector, is commonly known as which one of the following?

A) Partnership
B) Sole trader
C) Mutual organisation
D) Charity

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