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CIMA E1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Role of the Finance Function | 30% | - Purpose and activities of the finance function
|
| Technology in a Digital World | 30% | - Digital technologies and data
|
| Shape and Structure of the Finance Function | 20% | - Finance operating models
|
| Data and Information in a Digital World | 20% | - Data-driven decision making
|
CIMA Managing Finance in a Digital World Sample Questions:
1. An organisation owned by its customers, generally not-for-profit and in the private sector, is commonly known as which one of the following?
A) Mutual organisation
B) Sole trader
C) Charity
D) Partnership
2. Y Company is an online retailer of sportswear. It has software that monitors customers' search history.
On a weekly basis, the software automatically generates emails that are sent to specific customers offering special offers based on the items that the customer searched for, but didn't purchase, during the previous week.
Which of the following areas of marketing is this process assisting?
A) Place
B) Pricing
C) Segmentation
D) Targeting
3. 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
B) 2
C) 1 + 2 + 3
D) 3
E) 1 + 3
F) 2 + 3
G) 1 + 2
4. A duplication of support functions would exist under which of the following organisational structures?
A) Project based
B) Divisional
C) Functional
D) Matrix
5. Which of the following is NOT a feature of a strategic level information system?
A) It helps middle managers to monitor and control.
B) It handles information which is valid for the whole organisation.
C) It has high levels of uncertainty and subjectivity.
D) It has a long term focus.
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: C | Question # 3 Answer: D | Question # 4 Answer: B | Question # 5 Answer: A |
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