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CIMA E1 Exam Syllabus Topics:

SectionObjectives
The Digital World and Business Environment- Impact of digital technologies on organisations
- Digital transformation in finance and business models
Finance Function in a Digital Environment- Automation and digital finance processes
- Role of finance professionals in digital organisations
Information Systems and Technology- Cybersecurity and data governance basics
- Enterprise systems and financial information systems
Data and Information in Organisations- Data analytics and decision-making support
- Data collection, management, and quality

CIMA Managing Finance in a Digital World Sample Questions:

1. Company E operates a management consultancy business with four international offices. All offices specialise in helping new businesses, with all support operations dealt with by headquarters.Which of the organisational structures below would best describe Company E.

A) Functional
B) Geographical
C) Divisional
D) Matrix


2. Which of the following organisational approaches is associated with the consistent delivery of a product or service?

A) ISO 9000
B) JIT (just in time)
C) Lean
D) Kaizen


3. Which of the following specifically describes experiential marketing?

A) Experiential marketing uses marketing techniques to create an emotional connection between a person and a brand.
B) Experiential marketing uses marketing techniques to maximise profits.
C) Experiential marketing uses marketing techniques to achieve non-commercial goals.
D) Experiential marketing uses marketing techniques to motivate employees.


4. Level 2 of the contemporary shape of the finance function involves Strategic Business Partnering.
Which of the following statements is true?

A) The finance function communicates their insights to only internal stakeholders.
B) The finance function will communicate their insights once a week.
C) Fewer people are required at this level of the finance function than previously.
D) The finance function will require new competencies to effectively communicate insight.


5. Which of the following best defines Business Process Re-engineering (BPR)?

A) BPR is the continuous examination and improvement of processes.
B) The main aim of BPR is to save costs.
C) BPR is based on the idea that 80% of an outcome is dependant on only 20% of the inputs.
D) BPR involves fundamental changes in the way the organisation operates.


Solutions:

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

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