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CIMA E1 Exam Syllabus Topics:

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

CIMA Managing Finance in a Digital World Sample Questions:

1. An effective induction programme will typically focus on which THREE of the following?

A) Personal health issues
B) Family connections with the business
C) Financial issues including salary payment dates and expense procedures
D) Culture and values, including ethical issues
E) Hobbies and interests
F) Organisation structure, charts and reporting lines


2. Which of the following is a feature associated with personnel management rather than the more modern concept of human resource management?

A) Employees are seen as assets
B) There is an emphasis on facilitation
C) Employees are motivated by consent
D) The line manager's role is seen as transactional


3. A company is expanding its baby clothing product range to include all items for infants, for example feeding and bathing equipment. As this is a new venture for the company, the Board of Directors has agreed that market research is a necessary exercise, but it is undecided as to which is the most efficient and effective method. Which of the following methods of research would be most appropriate?

A) Questionnaires
B) Experimentation
C) Interviews
D) Focus groups


4. A new Team Leader in Internal Audit has been asking team members about tasks that they do not think are part of their responsibility as they go beyond compliance with legislation. You are preparing a response to this to include an explanation of the requirements of a social audit. Which of the following would you include in your response?
Select ALL that apply.

A) Operation of risk management process(es)
B) Existing and potential management weaknesses and ways to rectify them
C) Adequacy of audit trail
D) Ethical investment decisions
E) Observance of equal opportunities beyond that required by legislation
F) Use of sustainable raw materials


5. Company E operates a management consultancy business with four international offices. All offices specialise in helping new businesses, with all support operations dealt with by headquarters.Which of the organisational structures below would best describe Company E.

A) Geographical
B) Functional
C) Divisional
D) Matrix


Solutions:

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

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