Accountant CIMA-SCS Actual Free Exam Questions & Community Discussion
- Responsibility of the board of directors, the executive directors, and the non-executive directors
- Board of directors is ultimately to blame if things go wrong in the organisation
- Board of directors is ultimately to blame if things go wrong in the organisation
Correct Answer: C
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1. Assessment of existing strategy and the formulation of future strategy
2. Assess performance of executive directors, senior management, and the chairman
3. Evaluate effectiveness of internal control and risk management
4. Determine remuneration of executive directors and senior management
5. Succession planning
2. Assess performance of executive directors, senior management, and the chairman
3. Evaluate effectiveness of internal control and risk management
4. Determine remuneration of executive directors and senior management
5. Succession planning
Correct Answer: A
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- No guarantee extra consideration will be paid if performance are not met
Correct Answer: A
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- Financing decisions (where to get money from)
- Investment decisions (what to do with money)
- Dividend decisions (what to do with cash earned)
- Investment decisions (what to do with money)
- Dividend decisions (what to do with cash earned)
Correct Answer: A
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- Reduction of transaction costs due to less transactions
- Reduction of currency risk but allowing Daistruk to decide when to convert (based on ex. rate)
- Reduction of currency risk but allowing Daistruk to decide when to convert (based on ex. rate)
Correct Answer: C
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- Issue new shares and give them to acquired company shareholders in exchange for acquired company shares
- Could be 1-1 depending on valuation
- Could be 1-1 depending on valuation
Correct Answer: B
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there are two strong dividend signals:
1) a reduction in the dividend per share signals that the company is in financial difficulties
2) a failure to pay a dividend at all signals that the company is very close to receivership
The company must take great care in setting dividend levels and ensure that the market is kept fully informed of future prospects
1) a reduction in the dividend per share signals that the company is in financial difficulties
2) a failure to pay a dividend at all signals that the company is very close to receivership
The company must take great care in setting dividend levels and ensure that the market is kept fully informed of future prospects
Correct Answer: A
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