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Updated: May 30, 2026

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CIMA Managing Finance in a Digital World Sample Questions:

1. Which of the following technologies is described as a decentralised, distributed and public digital ledger that is used to record transactions across many computers?

A) Data analytics
B) Blockchain
C) Big Data
D) Cloud Computing


2. A new Team Leader in Internal Audit has been asking team members about tasks that they do not think are part of their responsibility as they go beyond compliance with legislation. You are preparing a response to this to include an explanation of the requirements of a social audit. Which of the following would you include in your response?
Select ALL that apply.

A) Use of sustainable raw materials
B) Existing and potential management weaknesses and ways to rectify them
C) Ethical investment decisions
D) Observance of equal opportunities beyond that required by legislation
E) Adequacy of audit trail
F) Operation of risk management process(es)


3. Which of the following statements is correct in relation to a tall organisation?

A) It has only a few levels of management and therefore a wide span of control.
B) It has many levels of management and therefore a narrow span of control.
C) It has many levels of management and therefore a wide span of control.
D) It has only a few levels of management and therefore a narrow span of control.


4. Data science is increasingly important in the production of business focused data It consists mainly of experts with backgrounds in mathematics, programming and computer science Which of the following best describes the attributes of a data scientist?

A) Individuals who flag inefficiencies in the system and potentially suggest improvements and test solutions.
B) Individuals who can affect or be affected by the organisations actions
C) Individuals who act as an interface between the business functions and data specialists
D) individuals with the ability to extract meaning from and interpret data from statistics and machine learning.


5. Which of the following is an advantage of outsourcing?

A) Core competence may be strengthened
B) Cost savings may be made
C) Data confidentiality is stengthened
D) Continuity is guaranteed


Solutions:

Question # 1
Answer: B
Question # 2
Answer: A,C,D
Question # 3
Answer: B
Question # 4
Answer: D
Question # 5
Answer: B

CIMA Managing Finance in a Digital World Sample Questions:

1. Which of the following technologies is described as a decentralised, distributed and public digital ledger that is used to record transactions across many computers?

A) Data analytics
B) Blockchain
C) Big Data
D) Cloud Computing


2. A new Team Leader in Internal Audit has been asking team members about tasks that they do not think are part of their responsibility as they go beyond compliance with legislation. You are preparing a response to this to include an explanation of the requirements of a social audit. Which of the following would you include in your response?
Select ALL that apply.

A) Use of sustainable raw materials
B) Existing and potential management weaknesses and ways to rectify them
C) Ethical investment decisions
D) Observance of equal opportunities beyond that required by legislation
E) Adequacy of audit trail
F) Operation of risk management process(es)


3. Which of the following statements is correct in relation to a tall organisation?

A) It has only a few levels of management and therefore a wide span of control.
B) It has many levels of management and therefore a narrow span of control.
C) It has many levels of management and therefore a wide span of control.
D) It has only a few levels of management and therefore a narrow span of control.


4. Data science is increasingly important in the production of business focused data It consists mainly of experts with backgrounds in mathematics, programming and computer science Which of the following best describes the attributes of a data scientist?

A) Individuals who flag inefficiencies in the system and potentially suggest improvements and test solutions.
B) Individuals who can affect or be affected by the organisations actions
C) Individuals who act as an interface between the business functions and data specialists
D) individuals with the ability to extract meaning from and interpret data from statistics and machine learning.


5. Which of the following is an advantage of outsourcing?

A) Core competence may be strengthened
B) Cost savings may be made
C) Data confidentiality is stengthened
D) Continuity is guaranteed


Solutions:

Question # 1
Answer: B
Question # 2
Answer: A,C,D
Question # 3
Answer: B
Question # 4
Answer: D
Question # 5
Answer: B

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