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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Shape and Structure of the Finance Function | 20% | - Shared services and outsourcing - Roles, skills and competencies - Centralised vs decentralised finance - Organisational structures and models |
| Topic 2: Role of the Finance Function | 20% | - Decision support and business partnering - Purpose and value creation - Evolution of the finance function - Stewardship, governance and ethics |
| Topic 3: Data and Information in a Digital World | 20% | - Data analysis and interpretation - Security, privacy and compliance - Data characteristics, quality and governance - Information systems and reporting |
| Topic 4: Technology in a Digital World | 20% | - Impact of technology on finance processes - Digital technologies: cloud, AI, automation, analytics - Emerging technologies and risks - Digital transformation and adoption |
| Topic 5: Finance Interacting with the Organisation | 20% | - Supporting functional and strategic goals - Cross-functional collaboration - Communication and influencing skills - Relationship with operations, sales and HR |
1. Karl runs a factory. He wants his employs to feel that their role in the company has meaning.
Which of the following would help to make his employees feel this way?
A) Ensure each employee has a degree of independence and flexibility.
B) Ensure employees can see the results of their work.
C) Ensure that all employees have a variety of jobs to do.
D) Ensure each task is significant in some way.
E) Ensure each task has a clear identity, with it being made clear how that task fits into the overall operation.
2. Mita has set up a number of food shops and spends a lot of her time finding suitable staff Her key strength is going to farmers' wholesale markets and selecting her suppliers She also carries out all the accounting functions and maintains the shops by acting as her own caretaker, carrying out repairs and maintenance at the weekends Which aspect of the work would Mita be LEAST LIKELY to outsource?
A) Human resources
B) Sourcing the suppliers
C) Accounting
D) Repairs and maintenance
3. A financial training company is reviewing its current HR policy in relation to the ongoing training required by all professionally qualified employees. Part of this process will also help to identify individuals suitable for promotion in the near future.
Which element of the HR cycle is described above?
A) Acquisition
B) Separation
C) Maintenance
D) Development
4. Which TWO of the following are important aspects of the product in the marketing mix?
A) Advertising
B) Brand image
C) Warranties
D) Sponsorship
E) Distribution
5. Which of the following does the Data Protection Act 1998 attempt to protect?
A) The shareholders
B) The individual
C) The employee
D) The directors
Solutions:
| Question # 1 Answer: C,D,E | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: B,C | Question # 5 Answer: B |
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