Accountant CIMA-SCS Exam : Strategic Case Study Exam

  • Exam Code: CIMA-SCS
  • Exam Name: Strategic Case Study Exam
  • Updated: Oct 01, 2026
  • Q & A: 175 Questions and Answers

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Accountant CIMA-SCS Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Evaluate Business Ecosystem and Environment15–25%- Assess impact of digital transformation and innovation
- Evaluate stakeholder interests and influence
- Assess industry structure and competitive forces
- Analyse macro-environmental factors (political, economic, social, technological, legal, environmental)
Topic 2: Develop Business Strategy15–25%- Plan strategy implementation and governance
- Analyse organisational mission, vision and objectives
- Evaluate internal and external environments
- Formulate strategic options and select appropriate strategies
Topic 3: Evaluate and Mitigate Risk15–25%- Assess risk likelihood and impact
- Identify and categorise strategic, operational, financial and compliance risks
- Design and evaluate risk management frameworks and controls
- Recommend risk mitigation and response strategies
Topic 4: Recommend and Maintain Sound Control Environment15–25%- Recommend assurance and reporting processes
- Evaluate governance structures and ethical frameworks
- Design and assess internal control systems
- Ensure compliance with laws, regulations and standards
Topic 5: Recommend Financing Strategies15–25%- Evaluate funding requirements and sources
- Recommend dividend, investment and financing policies
- Assess capital structure and cost of capital
- Evaluate mergers, acquisitions and divestment decisions

Accountant Strategic Case Study Sample Questions:

Question #1

Cakes and Frosting (Good Cakes and Frosting)

  • A. R
  • B. G
  • C. F
  • D. K
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #2

Beverages (Cold beverages)

  • A. F
  • B. J
  • C. H
  • D. C
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #3

- Lack of transparency in offer value
- Difficult for LHD shareholders to assess if the value of shares being offered is fair
- No cash exchanged so not absolute
- More shares, so Daistruk shares will be diluted

  • A. Disadvantages of debt financing
  • B. Advantages of debt over equity financing
  • C. Advantages of preparing integrated report
  • D. Disadvantages of share for share exchange
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #4

- Quicker access to new funds
- Low cost to raise funds
- Can offer flexible terms with banks
- Debt is lower cost form for financing than equity
- Interest payments could be lower than equity dividend payments

  • A. Disadvantages of debt financing
  • B. Advantages of debt over equity financing
  • C. Advantages of share for share exchange
  • D. Advantages of preparing integrated report
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #5

- Board committees already set up (audit, remuneration, nomination, risk. Daistruk have NEDs to set remuneration)
- Senior Independent Director NED (Hongyu)

  • A. Technological factors (reputational risk)
  • B. Strengths of Daistruk corporate governance
  • C. Benefits of robotics for Daistruk
  • D. Strategic risks of Drone investment for Daistruk
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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