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CIMA E1 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Data and Information in Organisations | - Data collection, management, and quality - Data analytics and decision-making support |
| Finance Function in a Digital Environment | - Role of finance professionals in digital organisations - Automation and digital finance processes |
| Information Systems and Technology | - Enterprise systems and financial information systems - Cybersecurity and data governance basics |
| The Digital World and Business Environment | - Impact of digital technologies on organisations - Digital transformation in finance and business models |
CIMA Managing Finance in a Digital World Sample Questions:
Question 1
Which of the following is a possible disadvantage associated with a matrix structure?
A. Dilution of functional authority
B. Customer orientation is emphasised
C. Flexibility is encouraged
D. Exchange of opinions is facilitated
Question 2
Organisation X is 6 months into an overhaul in its supply chain management and production process.
The organisation aims to prevent errors before they occur, demands participation by all, including customers and suppliers, and the structure is driven by the entire Board of Directors. Which method of management has Organisation X adopted?
A. Six Sigma
B. Quality Circles
C. Total Quality Management
D. Kaizen
Question 3
A company offers life coaching and self-improvement training. As part of its promotion strategy, the company sends out free, heavily branded, daily motivational emails to all of its subscribers. It actively encourages its subscribers to forward its emails on to other contacts, provided the emails are not changed in any way. Which of the following marketing strategies is described above?
A. Viral marketing
B. E-marketing
C. Experiential marketing
D. Guerilla marketing
Question 4
The Finance Manager of HLL Company, a large energy provider, has organised a finance function staff meeting to discuss the potential use of big data systems.
The main point on the meeting agenda is whether the business has the available resources to store and manage the data that will be available and whether it has the financial resources to upgrade the information technology systems.
Which of the following features of big data will these discussions most likely involve?
A. Veracity
B. Volume
C. Velocity
D. Variety
Question 5
Which of the following best defines Business Process Re-engineering (BPR)?
A. The main aim of BPR is to save costs.
B. BPR involves fundamental changes in the way the organisation operates.
C. BPR is the continuous examination and improvement of processes.
D. BPR is based on the idea that 80% of an outcome is dependant on only 20% of the inputs.
Solutions:
| Question 1 Answer: A | Question 2 Answer: C | Question 3 Answer: A | Question 4 Answer: B | Question 5 Answer: B |
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