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CIMA E1 Exam Syllabus Topics:

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

CIMA Managing Finance in a Digital World Sample Questions:

Question 1

The marketing environment includes political, economic, social, technological, ecological and legal factors affecting marketing (PESTEL). Select THREE examples of economic factors.

A. The introduction of new legislation relating to business tax
B. Consumers' propensity to save
C. Social mobility
D. Interest rates
E. The rate of inflation
F. New ways of distribution


Question 2

Company Q is a relatively small company but expanding quickly. In this period of rapid growth it feels that now is the time to add a Human Resource presence and support, but does not wish to add a permanent department within the organisational structure. What is the best option for Company Q?

A. Networked Human Resource department
B. Project based Human Resource department
C. In-house Human Resource department
D. Virtual Human Resource department


Question 3

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. Access to stand alone systems
B. Improved version control
C. Periodic system updates
D. Established work patterns


Question 4

When using an integrated reporting approach a supermarket will include which THREE of the following in the organisation's annual financial statements?

A. Statement of the number accidents occurring
B. Statement of cash flows
C. Statement of financial position
D. Statement of remuneration of all employees
E. Statement of risks facing the organisation


Question 5

JFD is a pet supplies retailing business.
Using customer data to build the target customer profile. JFD plans to create personalised advertising and communications more specific to customers' wants and needs in its market It is hoped that this will create interaction and responses from these customers.
Which of the following is JFD using?

A. Customer relationship management
B. Supply chain management
C. Market segmentation
D. Digital asset management


Solutions:

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

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