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| Section | Weight | Objectives |
|---|---|---|
| Role of the Finance Function | 20% | - Evolution of the finance function - Decision support and business partnering - Purpose and value creation - Stewardship, governance and ethics |
| 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% | - Centralised vs decentralised finance - Roles, skills and competencies - Organisational structures and models - Shared services and outsourcing |
| Finance Interacting with the Organisation | 20% | - Supporting functional and strategic goals - Relationship with operations, sales and HR - Cross-functional collaboration - Communication and influencing skills |
| Data and Information in a Digital World | 20% | - Data characteristics, quality and governance - Security, privacy and compliance - Data analysis and interpretation - Information systems and reporting |
C Company is a manufacturer of components for the electronics industry. Although enjoying healthy returns in the past, results for the last two years have shown a decline in profit. G has been brought in as the new Operations Manager. In her previous role, she was responsible for turning around a struggling organisation by using process mapping tools and she feels that this approach could also benefit her new company. Which of the following is NOT a feature of process mapping?
Correct Answer: C 🗳️
Which of the following is a cost of information?
Correct Answer: A 🗳️
Company Y is a new business that prides itself on being green and ethical. It uses renewable energy to run its factories, abides by all the rules and regulations and regularly donates money to sustainable development charities around the world, despite occasionally being unable to fully pay its workers.
Why is Company Y in violation of Carroll's CSR pyramid?
Correct Answer: B 🗳️
Which of the following is an advantage of outsourcing?
Correct Answer: B 🗳️
Which of the following is NOT an element of the EOQ (Economic Order Quantity) equation?
Correct Answer: C 🗳️
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