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CIMA E1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Technology in a Digital World | 20% | - Digital technologies: cloud, AI, automation, analytics - Impact of technology on finance processes - Emerging technologies and risks - Digital transformation and adoption |
| Data and Information in a Digital World | 20% | - Data analysis and interpretation - Data characteristics, quality and governance - Security, privacy and compliance - Information systems and reporting |
| Finance Interacting with the Organisation | 20% | - Relationship with operations, sales and HR - Supporting functional and strategic goals - Cross-functional collaboration - Communication and influencing skills |
| Shape and Structure of the Finance Function | 20% | - Roles, skills and competencies - Centralised vs decentralised finance - Shared services and outsourcing - Organisational structures and models |
| Role of the Finance Function | 20% | - Evolution of the finance function - Decision support and business partnering - Purpose and value creation - Stewardship, governance and ethics |
CIMA Managing Finance in a Digital World Sample Questions:
Company T has eight main products that it markets and sells. One particular product requires a low amount of ongoing investment, has low growth prospects but currently maintains a high market share.
According to the Boston Consulting Group Matrix, which category is this product in?
- A. Dog
- B. Star
- C. Cash cow
- D. Question mark
Correct Answer: C 🗳️
The process of human resources planning would involve the following: strategic analysis, forecasting, job analysis and recruitment and training. Which THREE of the following are issues relevant to forecasting?
- A. Induction
- B. Divestments
- C. Cost reduction plans
- D. Rewards
- E. Appraisal
- F. New technology
Correct Answer: B,C,F 🗳️
You need to select potential candidates for the role of an office manager in a very busy office. An assessment centre has been organised to overcome the shortcomings associated with other selection techniques. Which of the following activities would be most suitable to assess candidates for the role of Office Manager?
- A. A presentation
- B. A speech
- C. Self-appraisal
- D. In-tray exercises
Correct Answer: D 🗳️
Which of the following is a disadvantage of virtual operations?
- A. The suppliers/resources may also be available to rival operations
- B. Reduced investment in assets
- C. Possible linkages in the value chain
- D. Flexibility and speed of operations
Correct Answer: A 🗳️
Which of the following is a cost of information?
- A. Improving pricing strategies
- B. Improving system design
- C. Improving marketing strategies
- D. Improving product design
Correct Answer: B 🗳️
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