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Last Updated: Aug 05, 2026

No. of Questions: 175 Questions & Answers with Testing Engine

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Accountant CIMA-SCS Exam Syllabus Topics:

SectionObjectives
Risk Management and Governance- Corporate governance
  • 1. Board responsibilities
    • 2. Ethics and compliance
      - Enterprise risk management
      • 1. Risk mitigation strategies
        • 2. Risk identification and assessment
          Strategy Implementation- Performance management systems
          • 1. KPIs and dashboards
            • 2. Strategic performance measurement
              - Organisational change and execution
              • 1. Change management
                • 2. Project and program delivery
                  Digital Strategy and Sustainability- Digital transformation
                  • 1. Data-driven decision making
                    • 2. Technology-enabled business models
                      - Sustainability and ESG
                      • 1. Environmental and social impact
                        • 2. Sustainable business strategy
                          Strategy Development- Strategic analysis and diagnosis
                          • 1. External environment analysis
                            • 2. Strategic position evaluation
                              • 3. Internal capability assessment
                                - Strategy formulation
                                • 1. Business model design
                                  • 2. Corporate strategy options
                                    Financial Strategy- Value creation and financial governance
                                    • 1. Financial risk management
                                      • 2. Shareholder value analysis
                                        - Investment and financing decisions
                                        • 1. Investment appraisal
                                          • 2. Capital structure considerations

                                            Accountant Strategic Case Study Sample Questions:

                                            1. - Guard against improper use of data
                                            - Need integrity to support completeness, accuracy and timeliness of processing
                                            - Integrity needed to prepare reliable financial info

                                            A) Aim of integrity of data
                                            B) Governance definition
                                            C) Risks with organic growth
                                            D) Roles of the chief executive


                                            2. - No transaction costs
                                            - Cheap and simple way to protect against ex. risk

                                            A) Disadv. of Currency Futures
                                            B) Adv. of Currency Futures
                                            C) Adv. of Money Market Hedge
                                            D) Types of currency risk


                                            3. - Improve quality of info
                                            - Create value over time
                                            - Enhance accountability for capitals
                                            - Support integrated thinking

                                            A) Risks of interest rate swap
                                            B) Types of valuation models
                                            C) Disadv. of Currency Options
                                            D) Aims of Integrated Reporting (IR)


                                            4. Cilantro

                                            A) Similar shape to parsley
                                            B) Use in italian sausage
                                            C) Similar flavor to thyme
                                            D) Very small leaves


                                            5. Marjoram

                                            A) Small rounded leaves with a flavor similar to Oregon
                                            B) Shape like pine needles
                                            C) Feathery leaves may be curly or flat
                                            D) Tiny holes caused by food acid during prolonged storage


                                            Solutions:

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

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