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CIMA E1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Technology in a Digital World | 20% | - Emerging technologies and risks - Impact of technology on finance processes - Digital technologies: cloud, AI, automation, analytics - Digital transformation and adoption |
| Finance Interacting with the Organisation | 20% | - Relationship with operations, sales and HR - Communication and influencing skills - Cross-functional collaboration - Supporting functional and strategic goals |
| Data and Information in a Digital World | 20% | - Security, privacy and compliance - Data analysis and interpretation - Information systems and reporting - Data characteristics, quality and governance |
| Role of the Finance Function | 20% | - Evolution of the finance function - Stewardship, governance and ethics - Decision support and business partnering - Purpose and value creation |
| Shape and Structure of the Finance Function | 20% | - Shared services and outsourcing - Organisational structures and models - Centralised vs decentralised finance - Roles, skills and competencies |
CIMA Managing Finance in a Digital World Sample Questions:
1. Organisation Z distributes beauty products to retailers and salons. As part of the operations management function, demand is forecasted from historical sales records. The marketing department, on the other hand, has predicted temporary higher levels of demand due to a recent popular advertising campaign.
Which capacity planning technique is appropriate?
A) Optimised production technology
B) Demand capacity planning
C) Level capacity planning
D) Chase capacity planning
2. AB Company has recently produced a very successful brand of washing powder which has achieved high market growth and a high market share. According to the Boston Consulting Group (BCG) matrix what is the product's next stage of development?
A) Star
B) Question mark
C) Cash cow
D) Dog
3. DPC is a home appliance online retailer keen to utilise data and connectivity in its operations The company has recently introduced a live tracking system of all deliveries to its customers via its website Which of the following will be the man benefit to DPC?
A) Improved targeting
B) Improved service
C) Immediate cost saving
D) Enhanced forecasting
4. H works in an organisation that supplies advertising space in prominent areas in inner cities. She frequently works at client premises with limited time spent at the office headquarters. H's colleagues also work in the same manner and the organisation has reduced office space as most employees are not in the office all at the same time. Instead, a bank of work stations are provided for sales staff with telephones and internet connections. Which of the following working arrangements is described above as being provided by the organisation?
A) Teleworking
B) Job sharing
C) Hot desking
D) Remote working
5. AB Company is planning to implement a new IT system. The existing system runs all of the financial ledgers and is key to the running of the whole organisation. Which of the following will NOT be a suitable method for the changover of the system?
A) Phased changeover
B) Direct changeover
C) Parallel changeover
D) Pilot changeover
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: C | Question # 3 Answer: D | Question # 4 Answer: C | Question # 5 Answer: B |
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