Accountant CIMA-SCS Questions & Answers - in .pdf
- Vendor: Accountant
- Exam Code: CIMA-SCS
- Exam Name: Strategic Case Study Exam
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- Exam Code: CIMA-SCS
- Exam Name: Strategic Case Study Exam
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Accountant Strategic Case Study Sample Questions:
1. - Implement a write off process for unsellable products
- Destroy defected products
- CCTV system in place
- Visitor log to track who goes in and our of factory
A) Internal controls to prevent fraud
B) Responses to unethical behaviour
C) Internal controls to prevent stolen data
D) Impact of downtime for Daistruk IT system
2. - Lack of leadership skills
- Risk blindness - lack of engagement with risks
- Inadequate info to and from board
- Complexity and problems in control environment
A) Risks with inorganic growth
B) Reason why poor corporate governance causes failure
C) Impact of downtime for Daistruk IT system
D) Strengths of Daistruk corporate governance
3. - More expensive than forward contract, MMH or futures
- High up front premiums to cover market risk
- Premium must be paid even if you lapse
A) Disadv. of Currency Futures
B) Disadv. of Money Market Hedge
C) Disadv. of Currency Options
D) Disadvantages of debt financing
4. - Transaction risk (movement between transaction date and payment date)
- Economic risk (long term movements)
- Translation risk (changes on translation of assets/liabilities in y/e accounts)
A) Benefits of netting
B) Daistruk currency risks
C) Types of currency risk
D) Translation risk
5. 155•F
A) Feathery shape with Strong aroma
B) 1 Gallon
C) 1) seafood, beef steak, pork chopped
D) 1) Batch prepared Eggs
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: D |
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