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CIMA E1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Role of the Finance Function | 30% | - Purpose and activities of the finance function
|
| Topic 2: Shape and Structure of the Finance Function | 20% | - Finance operating models
|
| Topic 3: Technology in a Digital World | 30% | - Digital technologies and data
|
| Topic 4: Data and Information in a Digital World | 20% | - Data-driven decision making
|
CIMA Managing Finance in a Digital World Sample Questions:
DTR is a publishing company specialising in the production of technical journals and product specifications Because of the volumes of information required to run the business effectively, the finance function of the company is considering migrating to cloud based technologies.
Which of the following is most likely to be a benefit of such a move for the company?
- A. Established work patterns
- B. Access to stand alone systems
- C. Improved version control
- D. Periodic system updates
Correct Answer: B 🗳️
Which of the following is an advantage of a functional organisational structure?
- A. The owner has a greater level of control over the workforce and all decisions.
- B. The structure is easily adapted for further diversification.
- C. It encourages teamwork and the exchange of opinions and expertise.
- D. There is a clear career path for employees to work their way up through.
Correct Answer: D 🗳️
Which of the following is a possible disadvantage associated with a matrix structure?
- A. Flexibility is encouraged
- B. Dilution of functional authority
- C. Customer orientation is emphasised
- D. Exchange of opinions is facilitated
Correct Answer: B 🗳️
XY is a small software development company. Which of the following are most likely to assist the organisation in facilitating innovation?
Select ALL that apply.
- A. The planning processes
- B. Organisational culture
- C. Leadership of the organisation
- D. The budgeting processes
- E. Organisational structure
- F. The organisational targets
Correct Answer: B,C,E 🗳️
Which of the following would be within the role of an operational line manager?
Select ALL that apply.
- A. Conducting appraisals with staff
- B. Interviewing potential new recruits
- C. Deciding on strategic objectives
- D. Carrying out psychometric testing
Correct Answer: A,B 🗳️
