Question 1

As a CIMA qualified management accountant working within a manufacturing company, you are subject to both CIMA's Code of Ethics and your company's Code of Business Conduct.
Which TWO of the following statements are TRUE? (Choose two.)

Options :

A : As a CIMA qualified Management Accountant you must follow CIMA-s Code of Ethics.

B : Where there is a difference between CIMA-s Code of Ethics and the company-s Code of Business Conduct, the company-s Code of Business Conduct takes priority.

C : Both CIMA-s Code of Ethics and the company-s Code of Business Conduct must be based on a set of basic principles.

D : Both CIMA-s Code of Ethics and the company-s Code of Business Conduct include References to Confidentiality. Disclosure on public interest grounds is therefore prohibited.

E : A company-s Code of Business Conduct can be rules based.

Answer: A,D

Question 2

SSS University wishes to introduce a new Car Park Management Strategy (CPMS). The aim of this strategy is to reduce the use of private cars and to encourage sustainable transport, such as cycling and public transport, by staff and students. SSS has decided to reduce the number of car parking spaces and introduce parking charges.
The Management Accountant has decided to use the Balanced Scorecard to help prepare a performance management system to assess the performance of the new CPMS.
Which of the following is an example of the Innovation and Learning perspective of a Balanced Scorecard for SSS?

Options :

A : Easy access to car parking spaces.

B : Number of days of training for car park attendants.

C : Reduction in complaints from customers.

D : Speed of processing the payment for parking charges.

Answer: A

Question 3

The Management Accountant in company PP has been asked by the Finance Director to produce a paper on'Game Theory' for the next Board meeting.
Which of the following is a valid statement?

Options :

A : Game Theory treats strategy as an interaction between the Organization and its customers.

B : Game Theory suggests that Organizations should not interact with the external environment.

C : Game Theory studies the strategic interactions among rational players.

D : The information culture would be a key consideration to study as part of the Game Theory.

Answer: C

Question 4

The sales manager of an organisation has requested that you accept sales figures for the month, which contain misleading statements of sales, for the purpose of calculating sales team bonuses.
Which of the following fundamental ethical principles would this request breach?

Options :

A : Objectivity

B : Confidentiality

C : Integrity

D : Professional behaviour

Answer: C

Question 5

GGG is a successful airline and has a proven record in successfully exploiting the resources it obtains Which of the following might create an additional Core Competence for GGG?

Options :

A : Unique rights to operate from the most popular airport serving a capital city.

B : The airline operations that operate below the level of middle management.

C : Sufficient aircraft to operate a good timetable.

D : A market with more passengers than the existing airlines can satisfy.

Answer: A

Free CIMAPRO19-E03-1-ENG Mock Exam – Practice Online Confidently

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