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CIMA E1 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Shape and Structure of the Finance Function20%- Centralised vs decentralised finance
- Shared services and outsourcing
- Organisational structures and models
- Roles, skills and competencies
Topic 2: Finance Interacting with the Organisation20%- Relationship with operations, sales and HR
- Supporting functional and strategic goals
- Cross-functional collaboration
- Communication and influencing skills
Topic 3: Technology in a Digital World20%- Impact of technology on finance processes
- Digital transformation and adoption
- Digital technologies: cloud, AI, automation, analytics
- Emerging technologies and risks
Topic 4: Data and Information in a Digital World20%- Information systems and reporting
- Data analysis and interpretation
- Data characteristics, quality and governance
- Security, privacy and compliance
Topic 5: Role of the Finance Function20%- Purpose and value creation
- Evolution of the finance function
- Decision support and business partnering
- Stewardship, governance and ethics

CIMA Managing Finance in a Digital World Sample Questions:

1. 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.


2. Level 2 of the contemporary shape of the finance function involves Strategic Business Partnering In this context strategic partners are

A) Finance professionals
B) Project managers
C) Senior management
D) Outsourced partners


3. TTT plc has recently been responsible for a major environmental accident. As a result the management of the company wishes to set up a large fund to compensate stakeholders affected. The company has a significant number of institutional shareholders which own a large share of the company, as well as many individual investors.
The management is considering Mendelow's Matrix to determine the likely movement of the institutional shareholders during the change in strategy. What is the institutional shareholders' likely movement according to Mendelow?

A) From 'Keep satisfied' to 'Key players'
B) From 'Keep informed' to 'Keep satisfied'
C) From 'Minimal effort' to 'Keep informed'
D) From 'Keep satisfied' to 'Keep informed'


4. When implementing a new IT system and according to the theory of Kotter, Schlesinger and Sache, which of the following is a benefit of using participation as a way of overcoming resistance to change?

A) Involving user expertise will encourage commitment.
B) Compromise will overcome resistance.
C) Conflict is dealt with in an orderly fashion.
D) Understanding the benefits will lead to acceptance.


5. Which of the following technologies is described as a decentralised, distributed and public digital ledger that is used to record transactions across many computers?

A) Data analytics
B) Cloud Computing
C) Blockchain
D) Big Data


Solutions:

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

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