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Managing Finance in a Digital World Questions 146–150 (page: 31)

Updated On: 10-Feb-2026

Which of the following is the component of Hadoop which is responsible for breaking down a task into chunks of work and allocating them?

  1. Distribute File System
  2. MapReduce
  3. Data Manipulation Language
  4. BigQuery

Answer(s): A



When involved in business decision making it is important to observe the concept of objectivity. Which THREE of the following are examples of an effective application of this concept?

  1. Not allowing bias to influence opinion
  2. Not being influenced by other people
  3. Not allowing conflict of interest to influence decisions
  4. Not disclosing confidential information
  5. Being honest and truthful in business relationships
  6. Maintaining technical and professional standards

Answer(s): A,B,C



Which of the following are examples of a parallel changeover?

Select ALL that apply.

  1. A toy manufacturer that has new assembly line staff working at the same time as the old staff before they move on to other roles.
  2. A factory that wants to change from a manual to an automated system keeps on some of its manual labour employees whilst implementing the automated system.
  3. A supermarket that updates all its checkouts while the store is closed.
  4. A multi-storey hotel store that redecorates each level one-by-one, rather than all in one go.
  5. A call centre that moves into its new office overnight, so that it is fully operational the next day.
  6. A car manufacturer that trials a new type of automation before replacing the old system with it.

Answer(s): A,B



YZ Company has grown rapidly and has recently recruited a finance director to set up a more structured finance function. During this process care will be needed to ensure effective lines of communication between different disciplines within the whole function and to recognise the interdependencies.

Which of the following are examples of the interdependence of elements of the finance function?
Select ALL that apply.

  1. Variance analysis reporting
  2. Taxation management
  3. Budget management
  4. Management reporting
  5. Statutory financial reporting
  6. Internal auditing

Answer(s): A,B,C



Cardboard box manufacturer Smurfat are giving their new employees an induction into the company's strategy. They see this as a crucial stage of the induction process and have asked Terrance, the communications director, to take new employees through the strategy.

Which of the following should Terrance communicate to his new employees during their induction?

Select ALL that apply.

  1. Talk through the overall structure of the Smurfat.
  2. Give new employees an idea of the work culture at Smurfat.
  3. Explain the goals and motives of the Smurfat.
  4. Make Smurfat's disciplinary rules clear for the new employees.
  5. Explain what care and support Smurfat offers to new staff.

Answer(s): A,B,C



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