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| Section | Objectives |
|---|---|
| Topic 1: Information Systems and Technology | - Enterprise systems and financial information systems - Cybersecurity and data governance basics |
| Topic 2: The Digital World and Business Environment | - Impact of digital technologies on organisations - Digital transformation in finance and business models |
| Topic 3: Finance Function in a Digital Environment | - Automation and digital finance processes - Role of finance professionals in digital organisations |
| Topic 4: Data and Information in Organisations | - Data analytics and decision-making support - Data collection, management, and quality |
1. An electrical goods company produces colourful brochures for customers.
Which element of the marketing mix does this represent?
A) Price
B) Physical evidence
C) Packaging
D) Product
2. An internal audit department is set up to help prevent fraud. Which of the following are possible implications if fraud is allowed to take place?
Select ALL that apply.
A) Criminal charges
B) Inadequate segregation of duties
C) Loss of new investors
D) Theft of goods
3. MN College (limited by guarantee) aims to ensure that each student achieves their qualification and gains employment. Which THREE of the following are suitable measures of performance for MN College?
A) Economic
B) Effectiveness
C) Enhanced
D) Efficiency
E) Number of students
F) Number of lecturers.
4. Which of the following best describes the 'passive stage' of purchasing?
A) Purchasing integrates latest practices and technology
B) Purchasing is independent of corporate strategy
C) Purchasing is concentrated on price negotiation
D) Purchasing has no strategic direction
5. A service level agreement will NOT normally include which of the following?
A) The procedure for dealing with complaints
B) Details of the mode of operation of the supplier
C) The consequences of failing to meet targets
D) The number of targets to be used
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A,C,D | Question # 3 Answer: A,B,D | Question # 4 Answer: D | Question # 5 Answer: B |
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