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WorksheetsSKG 2018 Session 8
Total questions: 15
Worksheet time: 8mins
Which of the below is not MDA disclosure obligation required by Bursa Malaysia?
Review of operating activities
Business competitors
Anticipated or known risk
Overview of group's business
Which of the below is the example of good disclosure?
Trade receivables increased by 30% to RM550 mil during the year
No divided policy disclosed
The group is experiencing declining sales of Product Z
Staff cost rose by 10% as the Group focus on talent building to support our vision
Introduction of mandatory disclosure of MDA in annual reports for the financial year end ____________ onward?
31 December 2015
31 December 2016
31 December 2017
31 December 2018
MDA should be a signal to directors to obtain sufficient information on which to base a reasonable judgement about those concerns:
MDA provide a complete and integrated view of the company's historical results, financial condition and future prospects, explaning the "why" behind performance and prospects, such as strategy, risks and key performance
MDA written in clear, plain language and present with candour and without exaggeration a fair and balanced picture, including "bad news" as well as "good news"
MDA disclosures comply with regulatory requirements
All of the above
What should the directors do if the directors detect or suspect that information has been omitted about an issue that would be significant to an investor?
Management can just maintain with the information without improved the presentation of the disclosures
Having the MD&A reviewed by securities commission in ensuring fair presentation
The management should be asked to confirm or explain the matter and, if necessary, adjust the MD&A. The focus of these reviews should be on ensuring fair presentation in all material respects, including the completeness of disclosures
None of the above
The digitization of day-to-day activities has dramatically increased the amount of data available, creating extremely large and complex data sets commonly referred to as "Big Data". Big Data is drawn from…
i. Text
ii.Numeric
iii.Images
iv.Audio
i & ii
iii & iv
ii, iii & iv
all of the above
Which of the following is not considered as FP&A best practice?
Collect financial data in one place to improve data accuracy
Unify financial and operational data for advanced planning, forecasting, and what-if analysis
Standardize and manually processes and tools to streamline planning and forecasting
Use flexible processes and tools to accommodate changing business conditions
What is ‘Internet of Things’?
Process of sorting through large data sets to identify patterns and establish relationships to solve problems through data analysis
Numerous connected devices that capture information regarding movement and other sensing data of objects in the physical world
A group of servers and computers connected to each other over the internet to create a large distributed infrastructure
Infrastructure-as-a-service (IaaS), Platform-as-a-service (PaaS) and Software-as-a-service (SaaS)
Which of the following does not represent changes in the digital intervention to FP&A?
Real-time and more accurate reporting
Minimum manual interventions
Optimal use of resources
Single analysis possible within the least timeframe
Artificial Intelligence are broadly shared at the level of the society, and that possible negative implications are adequately addressed. One such possible implication is related to the disruptions that AI systems could bring on the labour market. Concerns are raised that automated systems will make some jobs obsolete, and lead to unemployment.
True
False
There is various capital contribute in the creation of value over time in Integrated Reporting. Which is correct?
i.Financial
ii.Manufactured
iii.Intellectual
iv.Social & Relationship
i, ii & iii
i, iii & iv
ii, iii & iv
All of the above
Integrated Reporting is a demonstration of “integrated thinking” – a process in which companies report beyond the financials and it take consideration on non-financial aspects which is:
i.Strategy
ii.Governance
iii.Performance
iv.Prospects
i, ii & iii
i, iii & iv
ii, iii & iv
All of the above
Which is NOT the benefit of Sustainability Reporting?
Driving investment decisions
Enhancing brand value & reputation
Driving investors away
Improving productivity & cost optimization
Which are part of KLCCP Stapled Group’s five sustainability pillars:
i.Corporate Governance
ii.Environmental Stewardship
iii.Our People
iv.Reliable Partner
i, ii & iii
i, ii & iv
ii, iii & iv
All of the above
Below are the various guidelines for Sustainability Reporting, except:
Bursa Sustainability Reporting Guide
Global Reporting Initiative (GRI)
IPIECA
MFRS 139
