CIMA-SCS PDF Practice Q&A's

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  • Total Questions: 175
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Accountant CIMA-SCS Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Evaluate and Mitigate Risk15–25%- Assess risk likelihood and impact
- Identify and categorise strategic, operational, financial and compliance risks
- Recommend risk mitigation and response strategies
- Design and evaluate risk management frameworks and controls
Topic 2: Recommend and Maintain Sound Control Environment15–25%- Evaluate governance structures and ethical frameworks
- Ensure compliance with laws, regulations and standards
- Recommend assurance and reporting processes
- Design and assess internal control systems
Topic 3: Recommend Financing Strategies15–25%- Evaluate mergers, acquisitions and divestment decisions
- Assess capital structure and cost of capital
- Recommend dividend, investment and financing policies
- Evaluate funding requirements and sources
Topic 4: Evaluate Business Ecosystem and Environment15–25%- Assess impact of digital transformation and innovation
- Evaluate stakeholder interests and influence
- Assess industry structure and competitive forces
- Analyse macro-environmental factors (political, economic, social, technological, legal, environmental)
Topic 5: Develop Business Strategy15–25%- Analyse organisational mission, vision and objectives
- Plan strategy implementation and governance
- Formulate strategic options and select appropriate strategies
- Evaluate internal and external environments

Accountant Strategic Case Study Sample Questions:

1. Manual final

A) 160-f - 180-f
B) 180-F - 194-F
C) 150-f - 160-f
D) 110-f - 120-f


2. - Value creation for the organisation
- The 6 capitals
- Value creation process

A) Aims of Integrated Reporting (IR)
B) 3 Fundamental concepts underpinning IR
C) Disadv. of Currency Futures
D) External hedging techniques


3. Soft dough: Example (butterscotch, Chocolate chip)

A) Dropped Cookie
B) Bar Style Cookie
C) Bar Cookie
D) White


4. - Prioritises risks and focuses investment on the most important
- Keeps the board informed of risks
- Ensures a variety of risk-mitigating controls are in place
- Allocates responsibility for control actions and sets deadlines
- Provides evidence of proactive risk management to internal and external parties.

A) Risks of robotics for Daistruk
B) Roles of the chief executive
C) Reasons to use a risk register
D) Responses to unethical behaviour


5. - Cumulative (roll over)
- Non-Cumulative (no roll)
- Participating (based on performance)
- Convertible (exchange for ordinary shares)

A) Disadv. of Currency Options
B) Types of preference shares
C) Types of valuation models
D) Examples of financing decisions


Solutions:

Question # 1
Answer: B
Question # 2
Answer: B
Question # 3
Answer: A
Question # 4
Answer: C
Question # 5
Answer: B

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