Confidently Practice Online with Free CIMAPRO19-E03-1-ENG Exam Cram

You are aManagementAccountant working for a logistics firm that wants to build collaborative relationships with each of its key clients.
Which of the following changes to the management accounting function would you recommend to help the development of collaborative partnerships with a client?
Select ALL that apply

A has a portfolio of business units. One of A's units has a total market share of 25% and its largest competitor has a market share of 20%. In the last year the overall market of this business unit has declined by 2%, although its revenues have increased by 12%. following a successful marketing campaign.
According to the BCG matrix. A's business unit would be classified as which of the following?

Lynch developed the performance pyramid to define the links between objectives and performance measures.Which THREE of the following statementsapply to the performance pyramid?

ZZZ recently hired a new Chief Executive,Q, to lead itthrough a period of major change. Q immediately set up a change management team which consisted of several senior managers and directors from across the Organization. Together, they formulated an overall goal for change and then spent several weekspresenting the need for change to all of the staff through a series of staff meetings.At these meetings Q involved staff and built their ideasinto the final change strategy.
Q also set a series of interim goals to encourage ongoing performance throughout the change process. Whenthe Organization reached these goals, she widely publicised these achievements to help motivate staff.
However, after six months, ZZZ had failed to reachmost of the interim goals that had been set. Most of the members of the change management team had not maintained a significant interest in the change process and many of the staff felt that there had been a lack of communication and reward following the initial few weeks of the change process.
Kotter suggested that there wereeightsteps required to successfully leadchange.
Which TWO of the following of these eight steps did Q fail to achieve?

As a CIMA qualified management accountant working within a manufacturing company, you are subject to both CIMA's Code of Ethics and your company's Code of Business Conduct.
Which TWO of the following statements are TRUE? (Choose two.)