Accountant Strategic Case Study 認定 CIMA-SCS 試験問題:

1. - Hard to value intangible assets (such as brand)
- Won't be on balance sheet usually
- Would need to carry out due diligence

A) Intangible assets valuation
B) Financing decisions
C) External hedging techniques
D) Disadv. of Currency Futures

2. The pattern of the dividend payout should be irrelevant. As long as the companies continue to invest in positive NPV projects, the wealth of the shareholders should increase whether or not the company makes a dividend payment this year.
*investors are indifferent between dividends and capital gains so the dividend policy that the company pursues should be irrelevant

A) The bird in the hand argument
B) Signalling effect
C) M&M dividend irrelevancy theory
D) Clientele effect

3. Vegetables

A) F
B) Q
C) J
D) P

4. - Daistruk is in roundland only and would have minimal exposure to currency risk
- If they expand, they will need to consider it
- If they generate cash in another currency, they will need to convert it to R$ as that would be their base currency
- Long term profitability will be affected by ex. movements

A) Daistruk currency risks
B) Types of currency risk
C) Examples of financing decisions
D) Risks of interest rate swap

5. - Formal record of main risks organisation faces
- Should have information about each risk in detail
- Provides risk responses (risk-mitigating control actions)
- Shows who is responsible for each risk

A) Aim of integrity of data
B) Risk Register
C) Roles of NED's
D) Risks of robotics for Daistruk

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