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| Section | Objectives |
|---|---|
| Information Systems and Technology | - Enterprise systems and financial information systems - Cybersecurity and data governance basics |
| Data and Information in Organisations | - Data collection, management, and quality - Data analytics and decision-making support |
| The Digital World and Business Environment | - Digital transformation in finance and business models - Impact of digital technologies on organisations |
| Finance Function in a Digital Environment | - Role of finance professionals in digital organisations - Automation and digital finance processes |
XYT company is planning to update its IT and have asked the finance function to assist by establishing suitable key performance indicators (KP1). Which of the following is an example of a suitable KPI for strategic activities'?
Correct Answer: B 🗳️
The secondary objectives of a not-for-profit organisation are economy, efficiency and effectiveness.
Which of the following gives the correct description of each of these?
Correct Answer: C 🗳️
A decision has been made to close down a branch of a restaurant.
Which of the following is quantitative information produced by the finance function that will have supported this decision being made?
Correct Answer: B 🗳️
JKL is a rapidly growing supermarket chain and is considering merging with a smaller competitor to continue its expansion plans T works within the finance department and is assisting in the decision making process by preparing summary reports concerning the merger.
What level of decision making is T supporting?
Correct Answer: D 🗳️
Which type of organisation is owned by its customers, strictly speaking is a not-for-profit organisation and is in the private sector?
Correct Answer: C 🗳️
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