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Last Updated: Jul 26, 2026
No. of Questions: 335 Questions & Answers with Testing Engine
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| Section | Weight | Objectives |
|---|---|---|
| Finance Interacting with the Organisation | 20% | - Communication and influencing skills - Relationship with operations, sales and HR - Supporting functional and strategic goals - Cross-functional collaboration |
| Role of the Finance Function | 20% | - Decision support and business partnering - Evolution of the finance function - Stewardship, governance and ethics - Purpose and value creation |
| Data and Information in a Digital World | 20% | - Security, privacy and compliance - Data analysis and interpretation - Information systems and reporting - Data characteristics, quality and governance |
| Technology in a Digital World | 20% | - Emerging technologies and risks - Digital technologies: cloud, AI, automation, analytics - Impact of technology on finance processes - Digital transformation and adoption |
| Shape and Structure of the Finance Function | 20% | - Roles, skills and competencies - Shared services and outsourcing - Organisational structures and models - Centralised vs decentralised finance |
1. Continued improvements in Information Technology have encouraged organisations to use IT increasingly to assist in their development. Which of the following is such an improvement in IT?
A) Improved communications systems
B) Increased data storage capacity
C) Improved decision making processes
D) Improved operations and manufacturing processes
2. Which one of the following is NOT part of the role of Human Resource Management?
A) Being concerned with operational and strategic people issues.
B) Recognising employees are motivated by consent and involvement.
C) Viewing employees as assets of the organisation.
D) Regarding the line manager's role as transactional with an emphasis on negotiation.
3. Place the following categories typically found in a 'person specification' next to each job holder's requirements.
4. You work for a pharmaceutical company and during any one year cames out a range of different activities and projects. Which of the following sets of activities can be said to be connecting influence to impact?
A) Analysing the supply chain of a range of vaccines currently produced
B) Analysing data re supplier locations and costs
C) Recommending that a low cost local supplier should be used
D) Conducting market research on different suppliers and costs
5. There are various roles within the finance and accounting function. A trainee accountant first joining the profession can take some time learning the different aspects of each before making a decision on specialising in any particular direction.
Below are different components of the finance function. Match these with the examples of responsibilities listed.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: D | Question # 3 Answer: Only visible for members | Question # 4 Answer: C | Question # 5 Answer: Only visible for members |
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