Accountant CIMA-SCS exam : Strategic Case Study Exam

CIMA-SCS Exam Simulator
  • Exam Code: CIMA-SCS
  • Exam Name: Strategic Case Study Exam
  • Updated: Aug 21, 2026
  • Q & A: 175 Questions and Answers

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Accountant CIMA-SCS exam simulator

Accountant CIMA-SCS Exam Syllabus Topics:

SectionObjectives
Topic 1: Strategy Development- Strategic analysis and diagnosis
  • 1. Strategic position evaluation
    • 2. Internal capability assessment
      • 3. External environment analysis
        - Strategy formulation
        • 1. Business model design
          • 2. Corporate strategy options
            Topic 2: Strategy Implementation- Organisational change and execution
            • 1. Project and program delivery
              • 2. Change management
                - Performance management systems
                • 1. Strategic performance measurement
                  • 2. KPIs and dashboards
                    Topic 3: Financial Strategy- Investment and financing decisions
                    • 1. Investment appraisal
                      • 2. Capital structure considerations
                        - Value creation and financial governance
                        • 1. Shareholder value analysis
                          • 2. Financial risk management
                            Topic 4: Digital Strategy and Sustainability- Digital transformation
                            • 1. Technology-enabled business models
                              • 2. Data-driven decision making
                                - Sustainability and ESG
                                • 1. Environmental and social impact
                                  • 2. Sustainable business strategy
                                    Topic 5: Risk Management and Governance- Corporate governance
                                    • 1. Board responsibilities
                                      • 2. Ethics and compliance
                                        - Enterprise risk management
                                        • 1. Risk identification and assessment
                                          • 2. Risk mitigation strategies

                                            Accountant Strategic Case Study Sample Questions:

                                            1. Summer savory

                                            A) Use in italian sausage
                                            B) Similar to parsley
                                            C) Similar flavor to thyme
                                            D) Similar shape to parsley


                                            2. Appetizers (Bad Appetizers)

                                            A) D
                                            B) B
                                            C) F
                                            D) R


                                            3. - Acquired company shareholders have no on-going involvement with the company
                                            - Once they have been bough , old shareholders won't receive income in future

                                            A) Dividend decisions for Daistruk
                                            B) Earnout payment method
                                            C) Share for share exchange
                                            D) Issues with cash offer


                                            4. *Stable dividend policy- paying a constant or constantly growing dividend each year.
                                            *Constant payout ratio- paying out a constant proportion of equity earnings
                                            *Zero dividend policy- all surplus earnings are invested back into the business
                                            *residual dividend policy- a dividend is paid only if there are no further positive NPV projects available
                                            *Ratchet Patterns- paying out a stable but rising dividend each year eg, dividends lag behind earnings

                                            A) Dividend Policies
                                            B) Strategic Options
                                            C) Clientele effect
                                            D) Signalling effect


                                            5. - Can be slow depending on cash position of company
                                            - Depends on how much change is embraced
                                            - Upside risks as it is cheaper than alternatives

                                            A) Risks with Focus Strategy
                                            B) Roles of the chief executive
                                            C) Risks with organic growth
                                            D) Risks with Cost Leadership Strategy


                                            Solutions:

                                            Question # 1
                                            Answer: C
                                            Question # 2
                                            Answer: A
                                            Question # 3
                                            Answer: D
                                            Question # 4
                                            Answer: A
                                            Question # 5
                                            Answer: C

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