Accountant CIMA-SCS : Strategic Case Study Exam

  • Exam Code: CIMA-SCS
  • Exam Name: Strategic Case Study Exam
  • Updated: Sep 11, 2026
  • Q & A: 175 Questions and Answers

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Accountant CIMA-SCS Exam Syllabus Topics:

SectionObjectives
Risk Management and Governance- Enterprise risk management
  • 1. Risk identification and assessment
    • 2. Risk mitigation strategies
      - Corporate governance
      • 1. Ethics and compliance
        • 2. Board responsibilities
          Strategy Development- Strategic analysis and diagnosis
          • 1. Internal capability assessment
            • 2. Strategic position evaluation
              • 3. External environment analysis
                - Strategy formulation
                • 1. Business model design
                  • 2. Corporate strategy options
                    Financial Strategy- Value creation and financial governance
                    • 1. Financial risk management
                      • 2. Shareholder value analysis
                        - Investment and financing decisions
                        • 1. Investment appraisal
                          • 2. Capital structure considerations
                            Digital Strategy and Sustainability- Sustainability and ESG
                            • 1. Sustainable business strategy
                              • 2. Environmental and social impact
                                - Digital transformation
                                • 1. Technology-enabled business models
                                  • 2. Data-driven decision making
                                    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

                                            Accountant Strategic Case Study Sample Questions:

                                            Question 1

                                            - Hard to value intangible assets (such as brand)
                                            - Won't be on balance sheet usually
                                            - Would need to carry out due diligence

                                            A. Financing decisions
                                            B. External hedging techniques
                                            C. Disadv. of Currency Futures
                                            D. Intangible assets valuation


                                            Question 2

                                            Dill

                                            A. Feathery shape with Strong aroma
                                            B. Narrow leave
                                            C. Feathery leaves may be curly or flat
                                            D. Similar shape to parsley


                                            Question 3

                                            - Additional interest paid to bank for changing to fixed from floating
                                            - Should do what if analysis to measure if worth it
                                            - Rates may not rise so no point changing
                                            - Transparency risk = Swaps are derivatives so need to account for them properly so may need to outsource specialist

                                            A. Risks of interest rate swap
                                            B. Types of currency risk
                                            C. Aims of Integrated Reporting (IR)
                                            D. Types of preference shares


                                            Question 4

                                            - Cost leadership = lowest cost possible
                                            - Differentiation = USP
                                            - Focus = Niche

                                            A. Porter's generic strategies
                                            B. Porter's value chain
                                            C. Risks with inorganic growth
                                            D. Cyber security security measures


                                            Question 5

                                            1 TSP

                                            A. .88 - .99
                                            B. .63 - .87
                                            C. .38 - .62
                                            D. .13 - .37


                                            Solutions:

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

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