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- Total Questions: 175
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Accountant CIMA-SCS Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Evaluate and Mitigate Risk | 15–25% | - 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 Environment | 15–25% | - 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 Strategies | 15–25% | - 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 Environment | 15–25% | - 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 Strategy | 15–25% | - 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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