Question 1

A has a portfolio of business units. One of A's units has a total market share of 25% and its largest competitor has a market share of 20%. In the last year the overall market of this business unit has declined by 2%, although its revenues have increased by 12%. following a successful marketing campaign.
According to the BCG matrix. A's business unit would be classified as which of the following?

Options :

A : Dog

B : Cash Cow

C : Star

D : Question Mark

Answer: C

Question 2

SSS University wishes to introduce a new Car Park Management Strategy (CPMS). The aim of this strategy is to reduce the use of private cars and to encourage sustainable transport, such as cycling and public transport, by staff and students. SSS has decided to reduce the number of car parking spaces and introduce parking charges.
The Management Accountant has decided to use the Balanced Scorecard to help prepare a performance management system to assess the performance of the new CPMS.
Which of the following is an example of the Innovation and Learning perspective of a Balanced Scorecard for SSS?

Options :

A : Easy access to car parking spaces.

B : Number of days of training for car park attendants.

C : Reduction in complaints from customers.

D : Speed of processing the payment for parking charges.

Answer: A

Question 3

As a CIMA qualified management accountant working within a manufacturing company, you are subject to both CIMA's Code of Ethics and your company's Code of Business Conduct.
Which TWO of the following statements are TRUE? (Choose two.)

Options :

A : As a CIMA qualified Management Accountant you must follow CIMA-s Code of Ethics.

B : Where there is a difference between CIMA-s Code of Ethics and the company-s Code of Business Conduct, the company-s Code of Business Conduct takes priority.

C : Both CIMA-s Code of Ethics and the company-s Code of Business Conduct must be based on a set of basic principles.

D : Both CIMA-s Code of Ethics and the company-s Code of Business Conduct include References to Confidentiality. Disclosure on public interest grounds is therefore prohibited.

E : A company-s Code of Business Conduct can be rules based.

Answer: A,D

Question 4

Directors have a duty to shareholders and other stakeholders and are required to promote the success of the company.
Which THREE of the following are valid roles and responsibilities of directors? (Choose three.)

Options :

A : To be responsible for keeping all external stakeholders satisfied.

B : To have regard for the interests of the company-s employees.

C : To focus only on maximizing company profits.

D : To consider the likely consequences of any decision in the long term.

E : To avoid conflicts of interest and of duties.

Answer: A,B,D

Question 5

WhichTWOof the following statementsare NOT characteristics of a robust 'coaching climate'?

Options :

A : Personal growth, team development and Organizational learning are integrated.

B : Coaching is seen primarily as an opportunity to be proactive rather than reactive.

C : People are able to engage in destructive confrontation.

D : Time for reflection takes place only out of office hours.

E : People are recognised and rewarded for sharing knowledge.

Answer: C,D

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