Question 1

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 2

Lynch developed the performance pyramid to define the links between objectives and performance measures.Which THREE of the following statementsapply to the performance pyramid?

Options :

A : The performance pyramid is designed to ensure that all activities support the Organization-s vision.

B : The left-hand side of the pyramid contains measures which have an external focus.

C : The lowest level of the pyramid contains the day-to-day operational measures.

D : The business operating systems level includes the market-related Critical Success Factors.

E : The business unit level includes measures which relate to internal systems needed to meet customers' needs.

F : The right-hand side of the pyramid contains measures which are predominantly non-financial.

Answer: A,B,C

Question 3

GGG is a successful airline and has a proven record in successfully exploiting the resources it obtains Which of the following might create an additional Core Competence for GGG?

Options :

A : Unique rights to operate from the most popular airport serving a capital city.

B : The airline operations that operate below the level of middle management.

C : Sufficient aircraft to operate a good timetable.

D : A market with more passengers than the existing airlines can satisfy.

Answer: A

Question 4

Johnson. Scholes and Whittington described three criteri
a. 'Suitability, Feasibility and Acceptability' to evaluate potential strategies. Which of the following statements relate to the three criteria? Select ALL that apply.

Options :

A : Concerned with the expected performance outcome

B : Concerned with whether the strategy addresses the circumstances in which an organisation is operating.

C : Concerned with the ability of the business to renew itself.

D : Concerned with the latest reported results

E : Concerned with whether the strategy could be made to work in practice.

Answer: A,B,C

Question 5

Which of the following is NOT a common barrier togroup-basedcollaboration within Organizations?

Options :

A : Time

B : Trust

C : Territory

D : Teams

Answer: D

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