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Accountant CIMA-SCS Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Risk Management and Governance | - Corporate governance
|
| Digital Strategy and Sustainability | - Digital transformation
|
| Strategy Implementation | - Organisational change and execution
|
| Strategy Development | - Strategy formulation
|
| Financial Strategy | - Value creation and financial governance
|
Accountant Strategic Case Study Sample Questions:
Question 1
- Binding agreement to convert from one currency to another on a certain future date agreed today
- Fixes rate today, paid later
- Easy to set up from banks, low transaction costs
- Can be tailored
- BUT does not allow Daistruk to take advantage of favourable ex. rate movements
A. Forward contract
B. Types of decisions
C. Daistruk currency risks
D. Translation risk
Question 2
- Will be unable to manage customers inventory
- Storage and handling service will stop at a loss to company productivity
- Causes increased labour cost and cashflow problems
A. Internal controls to prevent stolen data
B. Strengths of Daistruk corporate governance
C. Internal controls to prevent fraud
D. Impact of downtime for Daistruk IT system
Question 3
Stiff dough: Example (Peanut Butter, Sugar Cookies)
A. Similar to parsley
B. Sliced/rolled cookies
C. Dropped cookie
D. Bar style cookie
Question 4
some investors find that capital gains are more tax-efficient than dividends and some investors avoid transaction cots of their returns are delivered in the form of capital gains instead of dividends. Despite
this, investors usually prefer to receive dividends because they would rather the certain dividend now, than the promise of a uncertain dividend in the future.
A. Pestel
B. The bird in the hand argument
C. Clientele effect
D. Signalling effect
Question 5
Deliver long-term value creation:
1. Financial (e.g. investments, cash)
2. Manufactured (e.g. buildings, inventory)
3. Intellectual (e.g. copyright, patents)
4. Human (e.g. people's competencies)
5. Social & Relationship (e.g. relations with stakeholders, branding, reputation)
6. Natural (e.g. Environmental resources like air, land, water)
A. Money Market hedge
B. The 6 Capitals (IIRC)
C. Net asset valuation
D. Daistruk currency risks
Solutions:
| Question 1 Answer: A | Question 2 Answer: D | Question 3 Answer: B | Question 4 Answer: B | Question 5 Answer: B |



