Pass the actual test with the help of CIMA-SCS study guide
Updated: Jul 05, 2026
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1. 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
A) Risk Register
B) Roles of NED's
C) Roles of the chief executive
D) Roles of the chairman
2. - Ensure a balance of power
- Facilitate independent individual performance appraisal of both
- Differentiate between two different sets of complex and demanding roles
- Ensure investor confidence
- Ensure compliance with international principles-based corporate governance best practice codes
A) Key reasons for separation of the roles of chairman and chief executive
B) Internal controls to prevent stolen data
C) Reason why poor corporate governance causes failure
D) Benefits of robotics for Daistruk
3. - Changes in rates affect the assets and liabilities on Daistruk's accounts
- All assets and liabilities will be translated from their functional currency into R$ at the year-end ex. rate
A) Translation risk
B) Currency Futures
C) Transaction risk
D) Types of decisions
4. Generial Info
A) A
B) J
C) O
D) Q
5. - Can't be tailored
- Fixed amounts only at set dates (March, June, Sep, Dec)
A) Types of valuation models
B) Disadv. of Currency Futures
C) Disadv. of Money Market Hedge
D) Disadvantages of earnout
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: A | Question # 4 Answer: C | Question # 5 Answer: B |
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