CIMA E1 Exam Collection - Managing Finance in a Digital World

Updated: Sep 11, 2026
Q & A: 335 Questions and Answers

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CIMA E1 Exam Syllabus Topics:

SectionWeightObjectives
Shape and Structure of the Finance Function20%- Finance operating models
  • 1. Governance, risk and control
  • 2. Organizational structures
  • 3. Shared services and outsourcing
Technology in a Digital World30%- Digital technologies and data
  • 1. Cybersecurity fundamentals
  • 2. Cloud computing and automation
  • 3. Data lifecycle and governance
  • 4. Artificial intelligence and analytics
Role of the Finance Function30%- Purpose and activities of the finance function
  • 1. Role of finance within organizations
  • 2. Finance business partnering
  • 3. Impact of digital technologies on finance
Data and Information in a Digital World20%- Data-driven decision making
  • 1. Information quality and ethics
  • 2. Data collection and management
  • 3. Data visualization and reporting

CIMA Managing Finance in a Digital World Sample Questions:

Question #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
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #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
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #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
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #4

A duplication of support functions would exist under which of the following organisational structures?

  • A. Project based
  • B. Divisional
  • C. Functional
  • D. Matrix
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #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.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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