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CIMA E1 Exam Syllabus Topics:

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

CIMA Managing Finance in a Digital World Sample Questions:

1. Which of the following statements regarding shamrock organisations are true?
1:Shamrock organisations typically comprise four discrete components.
2:The core group of executives are often supported by external contractors and part-time staff.
3:One of the main characteristics of a shamrock organisation is its flexibility.

A) 1 + 3
B) 1 + 2 + 3
C) 1
D) 1 + 2
E) 3
F) 2
G) 2 + 3


2. Which TWO of the following are examples of a knowledge work system?

A) Computer Aided Design (CAD)
B) Materials Resource Planning (MRP)
C) Transaction Processing System (TPS)
D) Computer Aided Manufacturing (CAM)


3. Which of the following provides the best description of an intranet?

A) Authorised outsiders use networked computers to access information held on a server.
B) A worldwide network of computers.
C) Employees use networked computers to access information held on a server.
D) A collection of data organised to service many applications providing access to a wide variety of users.


4. Which of the following statements regarding Just-In-Time (JIT) are true?
1:The main aim of JIT it to ensure a business has a sufficient amount of leftover stock, just in case it's needed further down the line.
2:Although the benefits of JIT are many, its use can end up harming supplier relations.
3:JIT generally results in lower costs for the business using it.

A) 1 + 3
B) 1 + 2 + 3
C) 1
D) 1 + 2
E) 3
F) 2
G) 2 + 3


5. Which of the following are measures a business might introduce specifically as part of its Corporate Social Responsibility (CSR) strategy?
Select ALL that apply.

A) Using different waste bins for recycling and non-recycling
B) Commissioning a report on carbon dioxide (CO2) emissions from its factories
C) Negotiating with a supplier to keep costs to a minimum
D) Reducing the range of different products it makes


Solutions:

Question # 1
Answer: G
Question # 2
Answer: A,D
Question # 3
Answer: C
Question # 4
Answer: E
Question # 5
Answer: A,B

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